Bear Goggles Posted October 4, 2014 Share Posted October 4, 2014 http://www.theguardian.com/money/2014/oct/04/-sp-british-homes-marketed-hong-kong-first-time-buyers-galliard Yesterday, Osborne gave a speech at the institute of directors appealing to them to defend the free market from its biggest assult in a generation. He gave a speech at the Tory party conference about free markets being 'fair markets'. Osborne pumps millions into HtB, planning is restricted, yet compelling developers to offer housing to UK buyers would be considered anti free market. It's like the worst ingredients of socialism and crony capitalism rolled into one massive sh!t sandwich. Quote Link to comment Share on other sites More sharing options...
shinkicker Posted October 4, 2014 Share Posted October 4, 2014 http://www.theguardian.com/money/2014/oct/04/-sp-british-homes-marketed-hong-kong-first-time-buyers-galliard Not just luxury flats as well, but 200k entry level flats for london. Quote Link to comment Share on other sites More sharing options...
wherebee Posted October 4, 2014 Share Posted October 4, 2014 http://www.theguardian.com/money/2014/oct/04/-sp-british-homes-marketed-hong-kong-first-time-buyers-galliard Yesterday, Osborne gave a speech at the institute of directors appealing to them to defend the free market from its biggest assult in a generation. He gave a speech at the Tory party conference about free markets being 'fair markets'. Osborne pumps millions into HtB, planning is restricted, yet compelling developers to offer housing to UK buyers would be considered anti free market. It's like the worst ingredients of socialism and crony capitalism rolled into one massive sh!t sandwich. The meme about who gets first access to the flats is a wet dream for VI's. It's like an argument about who gets the first sh^t sandwich. NO STOP SERVING SH^T SANDWICHES YOU TWATS. Quote Link to comment Share on other sites More sharing options...
winkie Posted October 4, 2014 Share Posted October 4, 2014 Sell to the highest bidder.... Quote Link to comment Share on other sites More sharing options...
byron78 Posted October 4, 2014 Share Posted October 4, 2014 It's corporate socialism. A society run by the corporations for the corporations. To be fair, even Marx suggested capitalism would end up in such a state eventually. Quote Link to comment Share on other sites More sharing options...
Scunnered Posted October 4, 2014 Share Posted October 4, 2014 (edited) To be fair, it appears that people in the UK were getting a chance to buy before those in HK: Galliard confirmed it is launching the development in Hong Kong this weekend and then in the UK next weekend. But it said it was not in breach of the pledge, in an answer that throws an interesting spotlight on how homes are marketed. It emerges that Galliard has a database of private buyers who purchase multiple properties (in other words, major buy-to-let landlords) and who are given first opportunity to buy. Because Galliard sold to these buyers first – many of whom are in the UK – it argues that Hong Kong was not given priority. ... When we sought clarification on the launch programme for this development, we were told that the private database of landlords came first, Hong Kongers came second, and British first-time buyers came third. Glad to see they've got their priorities right. Edited October 4, 2014 by Scunnered Quote Link to comment Share on other sites More sharing options...
winkie Posted October 4, 2014 Share Posted October 4, 2014 To be fair, it appears that people in the UK were getting a chance to buy before those in HK: Glad to see they've got their priorities right. When money is involved...loyalty flies out the window.....money talks, people have no voice unless they have money. Quote Link to comment Share on other sites More sharing options...
juvenal Posted October 4, 2014 Share Posted October 4, 2014 (edited) Fist timer buyers in the South East? Get to the back of the queue!!! Step forward Hong Kong cash buyers and UK BTL parasites!! You get first pick... Britain today... http://www.theguardian.com/money/2014/oct/04/-sp-british-homes-marketed-hong-kong-first-time-buyers-galliard Edited October 4, 2014 by juvenal Quote Link to comment Share on other sites More sharing options...
wonderpup Posted October 4, 2014 Share Posted October 4, 2014 Osborne arguing for a free market in housing is the worst kind of hypocritical bullshite- the last thing he wants is for market forces to unravel his pre-election boomlet. which is why he recently made clear that Help to Buy will not be ended as was originally claimed. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted October 4, 2014 Share Posted October 4, 2014 It's corporate socialism. A society run by the corporations for the corporations. To be fair, even Marx suggested capitalism would end up in such a state eventually. Yup. If only marx was as good at solutions as he was at observations! Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted October 4, 2014 Share Posted October 4, 2014 Osborne arguing for a free market in housing is the worst kind of hypocritical bullshite- the last thing he wants is for market forces to unravel his pre-election boomlet. which is why he recently made clear that Help to Buy will not be ended as was originally claimed. A free market in housing. Except the planning monopoly dictating supply. Except housing benefit guaranteeing yield. Except govt policy forcing credit to be cheaper and easier than would otherwise be the case, right, gidiot. Do these whack jobs even listen to themselves? Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted October 4, 2014 Share Posted October 4, 2014 Are these are all the cash buyers ? Or as what other posters have said appear like cash transactions. I suppose it will be ok until it well isn't and all the construction work off the back off this speculation stops. Quote Link to comment Share on other sites More sharing options...
Bear Goggles Posted October 4, 2014 Author Share Posted October 4, 2014 A free market in housing. Except the planning monopoly dictating supply. Except housing benefit guaranteeing yield. Except govt policy forcing credit to be cheaper and easier than would otherwise be the case, right, gidiot. Do these whack jobs even listen to themselves? It's not just the obvious hypocrisy. I have a serious problem with modern Tories championing the free market. In the 80s it wasn't so bad, as many Conservatives were at least partially self-made. The Grocer's daughter etc. They had some idea of what it was like to have to fight your way to the top against the odds, and genuinely wanted to build a country that enabled others the opportunity to do the same, even if they ultimately failed. These days they are children of the elite, born into privilege with no idea of what it is like to have to compete on a level playing field, to start a business and risk everything, to fail and have to start over again, to make sacrifices for years with no guarantee that you will be left with anything at the end of it. All they have ever known is privilege, cronyism, nepotism and favours. They would hate the free market, they don't have the right stuff to be successful within it. Bank bailouts, HtB, QE, ZIRP, they do everything they can to shield their own class from the free market, while at the same time using it as a justification to screw the most vulnerable in society. Pure scum. Quote Link to comment Share on other sites More sharing options...
winkie Posted October 4, 2014 Share Posted October 4, 2014 (edited) Very true....more true now than ever before in recent history. http://edition.cnn.com/2012/11/13/business/hong-kong-property-tax/ Edited October 4, 2014 by winkie Quote Link to comment Share on other sites More sharing options...
200p Posted October 4, 2014 Share Posted October 4, 2014 http://www.theguardian.com/money/2014/oct/04/-sp-british-homes-marketed-hong-kong-first-time-buyers-galliard Yesterday, Osborne gave a speech at the institute of directors appealing to them to defend the free market from its biggest assult in a generation. He gave a speech at the Tory party conference about free markets being 'fair markets'. Osborne pumps millions into HtB, planning is restricted, yet compelling developers to offer housing to UK buyers would be considered anti free market. It's like the worst ingredients of socialism and crony capitalism rolled into one massive sh!t sandwich. Who is assaulting the "free markets" then? Is it this web forum? Quote Link to comment Share on other sites More sharing options...
repetitive bleats Posted October 4, 2014 Share Posted October 4, 2014 It's not just the obvious hypocrisy. I have a serious problem with modern Tories championing the free market. In the 80s it wasn't so bad, as many Conservatives were at least partially self-made. The Grocer's daughter etc. They had some idea of what it was like to have to fight your way to the top against the odds, and genuinely wanted to build a country that enabled others the opportunity to do the same, even if they ultimately failed. These days they are children of the elite, born into privilege with no idea of what it is like to have to compete on a level playing field, to start a business and risk everything, to fail and have to start over again, to make sacrifices for years with no guarantee that you will be left with anything at the end of it. All they have ever known is privilege, cronyism, nepotism and favours. They would hate the free market, they don't have the right stuff to be successful within it. Bank bailouts, HtB, QE, ZIRP, they do everything they can to shield their own class from the free market, while at the same time using it as a justification to screw the most vulnerable in society. Pure scum. Good point. Excellently made. Quote Link to comment Share on other sites More sharing options...
Bear Goggles Posted October 5, 2014 Author Share Posted October 5, 2014 Who is assaulting the "free markets" then? Is it this web forum? Unions and charities, apparently. The man's lost the plot. Quote Link to comment Share on other sites More sharing options...
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