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TheCountOfNowhere

The Libdems Could Stop Osborne...

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it strikes me that the minority tory government shouldnt be so quick to throw oyr money at a housing bubble...

we have had vince cable saying what a bad idea osbornes mad scheme is.

its time the lib dems did the decent thing and withdrew suppoet from the torries.

vince cable should be asking for a vote of no confidence in the governnebt over this issue.

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what doubly ridiculous is the help to buy scheme runs for houses up to £600,000.

if youre buying a £600,000 house you dont need any help to buy from the taxpayer.

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what doubly ridiculous is the help to buy scheme runs for houses up to £600,000.

if youre buying a £600,000 house you dont need any help to buy from the taxpayer.

No No by the time this lot are finished interest rates will be 0.0001% and the £600,000 will be for an "executive studio" slave box with a single bed suspended above the kitchen worktops.

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Politicians haven't served their electorate in all the time i have been on this planet. The last time was probably just post-war. This mob, including Volte-face Vince, need a sharp reminder that it's not about them.

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I think all MP's should be over 70 and must give up all wordly possessions and wear sack cloth, living in state provided cloisters.

That's what the House of Lords is for.

Apart from the worldy possessions, the sack cloth and the cloistery thing.

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The Lib Dems will NEVER do the decent thing. The slimey pus ridden knobsters have a taste for power and self importance. They will happily sell Granny.

Exactly- their current proximity to power is far too intoxicating for them act in a principled way on this or any other issue. Whatever values they once claimed to represent are long gone- all that's left now is a bunch of political mercenaries who will sell themselves to whichever party looks more likely to gain them power.

I suspect Cameron understood this well- was counting on it.

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Cable said: ‘It’s a question of getting it properly designed. We must not risk returning to the problems of the last decade when housing got out of control.

Read more: http://www.dailymail.co.uk/money/markets/article-2380401/Vince-Cable-worried-Help-Buy-home-ownership-bubble.html#ixzz2aNZK8H6C

A quote of Gordon Brown proportions. Cable supports the Help to buy, when Osbourne was destroyed by Labour in the commons over this issue he was speechless, he could not answer back, it was Cable who stood up and mumbled to his defence, this makes me think it might even be a LibDem idea in the first place

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what doubly ridiculous is the help to buy scheme runs for houses up to £600,000.

if youre buying a £600,000 house you dont need any help to buy from the taxpayer.

Exactly what I thought

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I think all MP's should be over 70 and must give up all wordly possessions and wear sack cloth, living in state provided cloisters.

I think that there is a case for banning MPs from working in any capacity after (or whilst in) office, even if it means we have to pay more in pensions and in-office pay. We'd save it on the quasi-corruption of non-exec directorships and 'consultancy'.

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George will save a few million with the 'bedroom tax' but is prepared to spend billions to help single people potentially buy 6 bedroom properties and he can't see any problem with this. You could make a film and call it ... 'The Madness Of Chancellor George'.

to add. Clegg stood and was photographed with a placard before the election saying they would not raise university tuition fees .... they allowed university tuition fees to be raised after the election.

It's almost as if they are using TEH DEFECITS as an excuse for a semi-random hack at any state spending on non-conservative-voting groups.. whilst protecting those groups (and, of course, Tory Donors), so not actually reducing the deficit.

The Lib Dems have been spectacularly played. Somehow they failed to realize that tripling tuition fees might play badly with their base of student voters, their complete embrace of austerity might play badly with their 'left-leaning-but-not-labour' base and their failure to do anything on civil liberties that the conservatives hadn't already promised would play badly with everyone else.

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Cable in 2007

Cable: House prices will crash

Monday, 17 September 2007 12:00 AM

Vince Cable warned the Liberal Democrat conference in Brighton today of a house price crash if Gordon Brown does not curb the excesses in the economy.

The Lib Dem's economic affairs spokesman said historical trends should teach Mr Brown that every house price boom is followed by a bust.

Mr Cable said: "We can see the frenzied signs of collective madness which always accompany an economic bubble.

"From Dutch tulips to dot.com shares to Japanese land prices, and now UK house prices, we see banks and industrials entrusting their money to a market which seems to offer a one-way bet."

Mr Cable offered a set of reforms which the Liberal Democrats argue would strengthen the economy.

Appointments to the Bank of England's monetary policy committee should be independently assessed, while the Bank should also include house prices when measuring inflation.

Fiscal policy should also be put to independent scrutiny, rather than allowing the chancellor to be "judge and jury" of his own policy.

Previewing the Liberal Democrat's tax polices - where delegates will later this week vote on a 16 pence rate of income tax - Mr Cable said the tax system needs to be made simpler, fairer and greener.

Mr Cable conceded the strong economy had helped Labour win the past three elections, but argued the prime minister's main weapon was set to become his Achilles Heel.

Massive wealth inequality and reckless lending by banks has made the economy reasonably successful but highly fallible, Mr Cable warned delegates.

He continued: "The House that Gordon built may not be built on sand, but it has certainly been built on a floodplain.

"It has yet to be fully tested against rising economic sea levels, though the events of the last week suggest it may be very soon."

As the chancellor moves to reassure savers over the Northern Rock turmoil, Mr Cable argued the banks near collapse was an early crack in the economy and blamed greedy executives, indulgent bank regulations and a complacent government for the current situation.

He attacked Gordon Brown for presiding over a widening of the wealth gap while championing social justice.

Mr Cable said: "The seductive narrative of Gordon Brown's moralistic social democracy also bears little connection to the reality of modern Britain in which amoral and anti-social behaviour by the 'super rich' is given free rein; where the poor are hounded for small over payments of benefit and the super rich can pay no tax, where a city is refused a super casino but our country is turned into the world's super casino for speculative investors."

Pointing to the "Brown paradox", he concluded: "No British prime minister since Lloyd George has preached about social justice with such fervour. But Mrs Thatcher's legacy of income inequality has been respectfully left alone."

http://www.politics.co.uk/news/2007/09/17/cable-house-prices-will-crash

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http://www.housepricecrash.co.uk/forum/index.php?showtopic=192079&st=30

Lib-Dem support for the policy is almost at Tory levels. Lib-Dems are staring down the barrel of becoming an electoral irrelevance as it is, seems unlikely they'll dump a policy their members actuall like.

Good link.

That is the root of the problem.

And I bet that if the YouGov question hadn't included the wording "Tory policy" then HTB would have had an even greater support from Labour and UKIP voters.

HPI is not an ideological or class issue. It's just a have v have-nots (properties) issue.

.

Edited by Tired of Waiting

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90% of Libdem MPs are going to be out of office after the next election IMO, so they're not going to do anything, they will all be frantically trying to big themselves up in order to get themselves a job after 2015.

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  • 246 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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