Trampa501 Posted May 14, 2015 Share Posted May 14, 2015 A housing market distorted by housing benefit perhaps? http://blogs.spectator.co.uk/ndebois/2015/05/london-can-be-blue-again/ Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted May 14, 2015 Share Posted May 14, 2015 A corrupt banking system and a corrupt manipulated market that looks more like a pyramid scam to me with every passing week. Quote Link to comment Share on other sites More sharing options...
pig Posted May 14, 2015 Share Posted May 14, 2015 LMAO !: Is it not time for Conservative politicians to reflect on that fact that our supposedly non-interventionist instincts are not succeeding for London housing? And I thought this weeks Telegraph headline "Owning a Home is going out of Fashion around the World" had plumbed the depths of self-deceiving idiocy... Quote Link to comment Share on other sites More sharing options...
olliegog Posted May 14, 2015 Share Posted May 14, 2015 found this quote a little misleading 'I have written before about the consequences of not achieving an electoral breakthrough with the black and minority ethnic groups across London. With over half London’s population now made up from these communities, it is small consolation that we are making some headway only with Asian voters, but very little elsewhere.' so black and ethnic minorities make up over half of London's population - do they mean voters or complete population? is this really true ? Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted May 14, 2015 Share Posted May 14, 2015 (edited) found this quote a little misleading 'I have written before about the consequences of not achieving an electoral breakthrough with the black and minority ethnic groups across London. With over half London’s population now made up from these communities, it is small consolation that we are making some headway only with Asian voters, but very little elsewhere.' so black and ethnic minorities make up over half of London's population - do they mean voters or complete population? is this really true ? In 2011 census London was 59.8% white, 44.9% white British...so I guess, if eastern europeans are considered an ethnic grp. No census in 2014, but London secondary schools fell from 45% white in 2011 to 42.5% in 2014... Edited May 14, 2015 by Executive Sadman Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 15, 2015 Share Posted May 15, 2015 Almost all the London Mayoral Candidates (especially the Labour ones) are talking about rent controls and various taxes on landlords. Also just saw this tweet from Tom Copley who is a Labour London Assembly member; https://twitter.com/tomcopley/status/598762271716876288 They are going to have to do something about the London Housing Crisis because London is getting more and more left wing (Labour won 7 seats in London) and the "have nots" will soon out vote the "haves" imo. Because more + more London is either dependent on benefits or working for the state. And I include the various walking dead banks + finance in that working for the state. Looking at the stats, Lodnon is nothing more than an expensive version of Middlesbrough with nice parks. Quote Link to comment Share on other sites More sharing options...
Meerkat Posted May 15, 2015 Share Posted May 15, 2015 Almost all the London Mayoral Candidates (especially the Labour ones) are talking about rent controls and various taxes on landlords. Also just saw this tweet from Tom Copley who is a Labour London Assembly member; https://twitter.com/tomcopley/status/598762271716876288 They are going to have to do something about the London Housing Crisis because London is getting more and more left wing (Labour won 7 seats in London) and the "have nots" will soon out vote the "haves" imo. That anyone in the British mainstream politics is not left is a total delusion, in principle. the Pig's quote above summarises it all... Cons and non-interventionists??? Puhlease... Quote Link to comment Share on other sites More sharing options...
R K Posted May 15, 2015 Share Posted May 15, 2015 Osborne wants to increase benefits/Public sector wages in London relative to rest of UK to transfer money to landlords etc. London is essentially the outcome of friction within the sterling zone and so will always have the wron interest rate. i.e. too accomodative for the City/landowners and insufficient taxes on wealth/land. Osborne seeks to make this worse (for rest of UK or better for Duke of Westminster etc) Balls was on the right lines with the Mansion tax but it didnt begin to go far enough. Probably rest of UK needs to join Scotland/Wales and leave £££ Quote Link to comment Share on other sites More sharing options...
billybong Posted May 15, 2015 Share Posted May 15, 2015 (edited) Needless to say the author of the Spectator article is a Conservative MP. Hence the misleading sentence below which is only slightly mitigated by the word "supposedly" and only claiming "instincts". Is it not time for Conservative politicians to reflect on that fact that our supposedly non-interventionist instincts are not succeeding for London housing? It's the instincts that aren't succeeding. If they ever did have any such instincts they haven't been succeeding for decades now and especially so during the last Parliament - so much so it's a bit of a stretch to believe that they ever had such supposed instincts to start with. They can pretend to have such instincts to try to differentiate themselves from Labour but when it comes to reality they are massive interventionists and even more so as elections approach. That's one of the reasons the UK's economy is so wrecked. Edited May 15, 2015 by billybong Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 15, 2015 Share Posted May 15, 2015 non-interventionist instincts are not succeeding!!!!! Really? How is housing most of the EU and the sub-continent in benefit funded housing in one of the World's most expensive real estate not intervening? Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 15, 2015 Share Posted May 15, 2015 On election night, any difference in London's vote was put down to UKIP's lack of popularity among the city's various minorities Quote Link to comment Share on other sites More sharing options...
frederico Posted May 15, 2015 Share Posted May 15, 2015 Osborne wants to increase benefits/Public sector wages in London relative to rest of UK to transfer money to landlords etc. London is essentially the outcome of friction within the sterling zone and so will always have the wron interest rate. i.e. too accomodative for the City/landowners and insufficient taxes on wealth/land. Osborne seeks to make this worse (for rest of UK or better for Duke of Westminster etc) Balls was on the right lines with the Mansion tax but it didnt begin to go far enough. Probably rest of UK needs to join Scotland/Wales and leave £££ Apart from London voted labour and the rest of England Tory,perhaps London should join Scotland. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted May 15, 2015 Share Posted May 15, 2015 Quite. London is very dependent on benefits. If the Tories do cut benefits significantly, it should have quite an impact on London; http://www.londonspovertyprofile.org.uk/indicators/topics/receiving-non-work-benefits/ Cutting benefits would be the best thing for London since the Nazis stopped dropping bombs on our grandparents. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted May 15, 2015 Share Posted May 15, 2015 non-interventionist instincts are not succeeding!!!!! Really? How is housing most of the EU and the sub-continent in benefit funded housing in one of the World's most expensive real estate not intervening? +1 Quote Link to comment Share on other sites More sharing options...
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