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GinAndPlatonic

It Is Hard To Imagine Any Possible Remedial Action On The Part Of The Government. Prices This Time May Simply Have To Fall Back To A More Natural Equi

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http://www.propertywire.com/news/europe/central-london-property-prices-2015020910134.html

In a synthetic property boom and bust such as London has experienced, on account of ultra-low interest rates and other stimulus measures, it is hard to imagine any possible remedial action on the part of the government. Prices this time may simply have to fall back to a more natural equilibrium,’ he added.

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The bast^rds are many things, but they aren't stupid. I would never underestimate their ability to find props to shore up the market, if it'll give them 5 more years at the trough. MIRAS for FTBs? HTB3?

Frightens me too. I can't see how it's possible for this to keep going, but we'll see

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Note to Venger:

Its not Bloo Loo advocating that someone else has to fix the market...its a dawning realization that maybe they cant anymore.

The message is therefore clear...up until todays circumstance, THAT reporter beleived his message should offer one of encouragement, because no matter what happened, someone else would come rescue you.

Thats how you have been screwed...by making 40,000 people every month beleive that buying with a large mortgage in todays conditions are the right thing to do.

inertia of the HPI for the last 17 years has doubled the confidence in that mindset

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Governments remind me of this 60's song. They try to bribe 'Death' to give them a little more life, but Death will not be denied when the time has come:

But Death can be tricked. Forget your trash and watch Savitri instead!

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The best outcome is that no party gains an overall majority and nobody has control. That way they have little incentive to keep throwing props in because they can all blame the crash on each other. Thankfully, no overall majority is also the most likely outcome.

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The bast^rds are many things, but they aren't stupid. I would never underestimate their ability to find props to shore up the market, if it'll give them 5 more years at the trough. MIRAS for FTBs? HTB3?

Inflation busting housing benefit increases would also prop up the market, it's also easy for MP's to make the excuse (lie) that they are helping renters.

There will be more props because collectively MP's are landlords and property owners, it matters not which 'party' they belong to because they're all in the landlords/landowners party together with the house of lords and the royal family.

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Inflation busting housing benefit increases would also prop up the market, it's also easy for MP's to make the excuse (lie) that they are helping renters.

There will be more props because collectively MP's are landlords and property owners, it matters not which 'party' they belong to because they're all in the landlords/landowners party together with the house of lords and the royal family.

Which is why the only way rates will rise is when the decision is forced on them.

Which is why i'm hoping for a Labour SNP government.

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The bast^rds are many things, but they aren't stupid. I would never underestimate their ability to find props to shore up the market, if it'll give them 5 more years at the trough. MIRAS for FTBs? HTB3?

Yep, thought the 20% discount scheme on new builds for the under 40`s was to be implemented after the elections IF Dave & co get elected

Aparently i was wrong according to this http://www.theguardian.com/money/2014/dec/15/first-time-buyers-newbuild-home-discount

HTB3 is now a done deal

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First-time buyers to get 20% newbuild homes discount

Initiative to offer 100,000 properties at discount to buyers under 40 – but scheme will come at cost of affordable homes

So they must be more expensive than "affordable homes".

The news is so twisted - there's a general election in the offing.

Edited by billybong

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So they must be more expensive than "affordable homes".

The news is so twisted - there's a general election in the offing.

The article is full of weasel words and yes its a bribe .....had to laugh at Cameron on the box last night trying to urge employers to pass on some of their extra profits( due to falling costs) on to their workforce....wishing they never kicked the teeth out of the union dog now

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The article is full of weasel words and yes its a bribe .....had to laugh at Cameron on the box last night trying to urge employers to pass on some of their extra profits( due to falling costs) on to their workforce....wishing they never kicked the teeth out of the union dog now

+1

The operative word being "now" because there's the general election coming. He was never heard urging employers like that before.

His attitude to timing is important because he's very keen on the cast iron guarantee before an election but after elections his guarantees lose their cast iron properties.

He's a jam tomorrow man. The other lots are no different.

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The operative word being "now" because there's the general election coming. He was never heard urging employers like that before.

Dave should be careful what he wishes for. If employers respond, the BoE has made no secret of their intention to raise IRs in response to wage rises gaining momentum.

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Dave should be careful what he wishes for. If employers respond, the BoE has made no secret of their intention to raise IRs in response to wage rises gaining momentum.

+1

He's left it late but with 3 months to go it's maybe just possible that there could be a small blip in wages just before the election that he would then very very loudly proclaim to be due to the economic "recovery" that he masterminded himself.

The wages blip wouldn't be intended to last beyond the election.

Edited by billybong

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Dave should be careful what he wishes for. If employers respond, the BoE has made no secret of their intention to raise IRs in response to wage rises gaining momentum.

Aye rates will be going up the end of next/this year since 2010 rates will rise when unemployment reaches X% his forward guidance is worth jack $hit thats why he`s keeping his mouth shut of late

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Generation X have been royally fvcked!!

Even if I wanted to take advantage of these various bribes, we're too old for HTB3 and too young for pensioner savings bonds.

Utter Cvnts!

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Generation X have been royally fvcked!!

Even if I wanted to take advantage of these various bribes, we're too old for HTB3 and too young for pensioner savings bonds.

Utter Cvnts!

To be fair to the following generations, you aren't carrying 40k student debts Edited by Si1

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Dave should be careful what he wishes for. If employers respond, the BoE has made no secret of their intention to raise IRs in response to wage rises gaining momentum.

Can't` think of a better way of suppressing wages ,most big employers will have some sort of leverage

Dave is wishing for a vote ,he`s hoping someone will be thinking they will get a pay rise if they vote for Dave &co ,Dave &co know there will be no wage rise due to the BOEs alleged intentions and a deflationary inviroment

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Dave should be careful what he wishes for. If employers respond, the BoE has made no secret of their intention to raise IRs in response to wage rises gaining momentum.

Like they guaranteed us of interest rate rises when unemployment hit 7% (now at 5.8%)

The BoE is the only institution who makes Dave look competent and a man of his word.

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Government backed 40 year mortgages.
10 year interest free H2B for 40% of purchase price. I mean why not ?>

At least when the tories came around to my house begging for votes I got to tell them why I'm not voting for them.

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Government backed 40 year mortgages.

10 year interest free H2B for 40% of purchase price. I mean why not ?>

At least when the tories came around to my house begging for votes I got to tell them why I'm not voting for them.

Its more likely to be bribes to buy to let entrepreneurs and developers with this vile Tory regime.

They really are as clueless as could possibly be.

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