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Should Council Tenants Move So That Bankers Can Have Nice Homes?

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So the question is "Which class of state-subsidised people should be able to have a nice home?"

Surely there's an alternative where neither selfish council tenants nor bankers receive taxpayers' money (directly or indirectly) and that the market decides who gets to live in Covent Garden? Maybe I'm just being silly.

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So the question is "Which class of state-subsidised people should be able to have a nice home?"

Surely there's an alternative where neither selfish council tenants nor bankers receive taxpayers' money (directly or indirectly) and that the market decides who gets to live in Covent Garden? Maybe I'm just being silly.

We need a rigorous public examination and discussion of just WHY bankers are so wealthy and powerful.

What, if anything, do they do that is so valuable?

Are they amazingly intelligent and skilled at risk management?

Is a secure and efficient payments system incredibly expensive to run?

Or is it possibly that the rest of us must borrow our money supply from them at interest and at their discretion? :angry:

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The comments make for good theatre. The mum (or journo plant) is surprisingly proficient at stirring up a good bit of vitriol.

I especially liked the bleeding about 'rights' to WTC/CTC and the assertion that these are definitely not benefits. :rolleyes:

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Somehow giving people who already have plenty of opportunities more, and taking away from those with the least is not good or a fair policy....converting what others have instead of working to obtain something better is the better way to go. ;)

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<br /><br /><br />

The article says i) two adults with three kids moved in with a relative who has a council flat, ii) they now complain it's crowded and the council should provide better accommodation, iii) the council is willing to give them the same sort of help they would give to others who have nowhere to live, iv) that offer of help has not been accepted because it would involve a 90 minute commute and the new propery would not be at a massively subsidised rent or theirs to live in even after the kids leave home, and iv) the Guardian there is something unfair about that though don't quite pinpoint it.

The article says very little about banksters, other than that they would pay 3k a month for a flat similar to that which the family feel is not quite adequate for their needs. It appears the husband earns 24k and the wife stays at home.

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Surely the three of them could afford to use the mom's right to buy and pick the place up for 1980's prices?

However, Britain operates with Friedman's capitalistic mindset where there is no place for socialism, particularity in London.

Although we hate bankers, they do perform a service and earn lots of money for it.

Whose to stop them? Especially when HMG has dumped so much of our money into supporting their bent industry?

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Surely the three of them could afford to use the mom's right to buy and pick the place up for 1980's prices?

However, Britain operates with Friedman's capitalistic mindset where there is no place for socialism, particularity in London.

Although we hate bankers, they do perform a service and earn lots of money for it.

Whose to stop them? Especially when HMG has dumped so much of our money into supporting their bent industry?

Right to buy discount is up to £100k. They would still need a massive mortgage.

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Surely the three of them could afford to use the mom's right to buy and pick the place up for 1980's prices?

RTB discount is applied to todays bubble price. So effectively no discount at all.

I qualify for 50% discount in about two years time. But from 2007/8 to today, the value of my flat has apparently doubled! :o

Also older social housing can incur hideous maintenance charges.

Edited by aSecureTenant

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What made London great was that the poor lived with the wealthy, the governments have been going on about cultural diversity and how good it is for the nation, yet social diversity is not used by MPs, which it is even more important.

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So the question is "Which class of state-subsidised people should be able to have a nice home?"

Surely there's an alternative where neither selfish council tenants nor bankers receive taxpayers' money (directly or indirectly) and that the market decides who gets to live in Covent Garden? Maybe I'm just being silly.

Yes

I like this bit

"If you look at who is vital to running a city it is the people who clean it, the people who keep the trains moving, who keep the sewers unblocked – they are actually more important than the bankers.

Err, no professor Dorling, I have no love for the finance sector but our economy makes a lot of money from being an international finance hub, far more than it does in employing sewer cleaners. Tw*t

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What made London great was that the poor lived with the wealthy, the governments have been going on about cultural diversity and how good it is for the nation, yet social diversity is not used by MPs, which it is even more important.

No it isn't

What made London great was freedom of thought and trade

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No it isn't

What made London great was freedom of thought and trade

Yeh right, and being Rentier capital of the world.

Don't get me wrong, I like London, but there is always a danger when anyone or anything starts believing its own bullsh*t which London is swilling in at the moment.

Pride comes before a fall, or something like that.

Edited by aSecureTenant

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Yeh right, and being Rentier capital of the world.

If trade and in particular financial services are rentierism then that would be true

Is that what you are saying?

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