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Zoopla Warns Labour Could Undermine House Prices


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HOLA441

All of this doom about Labour trashing house prices, although I would love it to happen, solely resides on the premise that Labour will actually honour their manifesto "promises", after all we all know what value we hold on the promises of the average politician, I read these articles and just see " This is what could happen if lying politicians didn't lie" , like this is the prize you could have won...and I have to remind you all again that:

"Manifesto Pledges are Not Subject to Legitimate Expectation"

No, i don't think it rests on the manifesto at all. I couldn't give 2 ******s whats in their manifesto. Only their reputation.

I'm much more interested in all the foreign markets, in the event of a Labour win, changing the colour of their lens, and seeing something completely different to what they see now.

Even though the figures will be exactly the same. (Or worse).

As Mr Sheeple said upthread...Vote Labour, buy Popcorn.

Edited by shindigger
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HOLA442

11% rises each year are a disaster - doesn't Zoopla make money when people sell houses? If they're too expensive, surely that means no sales?

The economic logic of this country continues to escape me.

I don't understand it either. Zoopla / Rightmove / Savils / Nationwide / Halifax / EAs surely want a busy market, right? More transactions = more money for all concerned. It's like they've become fixated on something that is actually detrimental to their own livelihoods.

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HOLA443
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HOLA444

Ironically if the Tories had let the housing market correct five years ago the blame for the pain would have been firmly on Labour, it could be growing sustainably again now from solid base, and they’d be an absolute shoo in for May the 7th.

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HOLA445

Ironically if the Tories had let the housing market correct five years ago the blame for the pain would have been firmly on Labour, it could be growing sustainably again now from solid base, and they’d be an absolute shoo in for May the 7th.

You could say that's what Rajoy has done in Spain (although being in the euro he probably had little choice but to let the housing market collapse). Yes the market (and economy) is starting to recover there, and yes Rajoy may win the coming election, but it is far from a shoo in.

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HOLA446
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HOLA447

You could say that's what Rajoy has done in Spain (although being in the euro he probably had little choice but to let the housing market collapse). Yes the market (and economy) is starting to recover there, and yes Rajoy may win the coming election, but it is far from a shoo in.

In Spain they have a lot more empty homes than here.

700,000 in England (far too many) 3.1 million Spain

http://www.theguardian.com/society/2014/feb/23/europe-11m-empty-properties-enough-house-homeless-continent-twice

It is almost like we had some rules stopping us building enough.

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HOLA448
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HOLA449

Meanwhile, perfume entrepreneur Jo Malone has backed the Conservatives and said David Cameron is doing a good job as prime minister.

She told the London Evening Standard: “If Labour won and raised taxes, people would just move out of the UK, and then where are you going to be?

Overseas?

It would have been helpful if she had explained in detail "where you are going to be" rather than just using the meaningless soundbite - then it could be debated for the election. They never do.

She's not referring to the burger flippers and zero hour contract workers of course.

Edited by billybong
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HOLA4410

Overseas?

It would have been helpful if she had explained in detail "where you are going to be" rather than just using the meaningless soundbite - then it could be debated for the election. They never do.

She's not referring to the burger flippers and zero hour contract workers of course.

Indeed. Always makes me laugh about these entrepreneurs and rentiers claiming they'll up sticks and head abroad should a govt try to make them pay the same as anyone else.

In a nation of 65million, I've always argued that a few 1000 at the top who leave could be replaced by home-based people very quickly. A lot quicker than people would imagine. Weeks, not months.

And if they take their cash , then so be it. Most of it is held offshore in any case , never to be touched by the taxman.

As for Jo Malone - who's she ? The great-great Irish grand-daughter of Molly the cockle seller ? :blink:

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HOLA4411
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HOLA4412

Ironically if the Tories had let the housing market correct five years ago the blame for the pain would have been firmly on Labour,

They don't have the imagination or the ruthless pragmatism for this kind of thinking.

And they tried austerity - hic! oops! - and nothing happened with GDP so after two years of gloom they pumped easy money and assets to boost services and make the nation of shopkeepers...sorry, homeowners...rub their hands in glee.

Witness the election rhetoric we're getting now. The Tories stick to their lines, they're coached and will press on "safe hands", "economic plan working" and will not deviate. They're planks, and deep down that's what right-drifting inclined voters want, they want planks. Planks are safe. You know where you are with a good plank. They're rich, you're not. Give me a good plank and another cup of horlicks.

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HOLA4413

It's set in amber politics. It's the same phraseology they come out every time safe hands etc as the UK economy lurches from crisis to crisis. If there had ever been a safe pair of hands there wouldn't have been the economic crisis in - you name it there have been so many.

Fossils-in-Amber-Jurassic-World.jpg

The Lib, the Lab and the Con.

Edited by billybong
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HOLA4414

It's set in amber politics. It's the same phraseology they come out every time safe hands etc as the UK economy lurches from crisis to crisis. If there had ever been a safe pair of hands there wouldn't have been the economic crisis in - you name it there have been so many.

Fossils-in-Amber-Jurassic-World.jpg

The Lib, the Lab and the Con.

Looks like Ukrapped the same 3 times over.

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HOLA4415

No, Zoopla was never a Daily Mail company. The connection is that the Daily Mail had some property website operations that were acquired by Zoopla in return for Zoopla equity, in a move that was billed as a merger of more-or-less equals. All part of a surprisingly-successful effort to create something with the scale to break the Rightmove monopoly.

The 2014 Zoopla annual report has Daily Mail and General Trust plc as the largest single shareholder at 31.8%. They may have sold their equity since.
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HOLA4416

The 2014 Zoopla annual report has Daily Mail and General Trust plc as the largest single shareholder at 31.8%. They may have sold their equity since.

The point is that its a hysterically pro conservative article - it then goes on to talk to random unrelated anti-Labour 'entrepreneur', so you can question 'The Yorkshire Post' s vested interest as well.

To be honest, while the article is almost self-satirising, it just sounds like Zoopla/Yorkshire Post has invested in a load of houses in northern england and is nervous of any 'housing crisis' solution, or any policy period that doesn't prop or stimulate prices.

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HOLA4417

Looks like Ukrapped the same 3 times over.

It's amber cut into three pieces. It's notable for species being trapped in it from prehistoric times like the UK's main political parties.

There is indeed a risk that UKIP could end up looking very like the Lib, the Lab and the Con - the LibLabCon.

There is one big difference however and that's in its name which is, as you will know, the United Kingdom Independence Party with the word independence in its name so the UK would be guaranteed to get a referendum on the eu.

Another big difference is that they're in favour of direct democracy.

Edited by billybong
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