Jump to content
House Price Crash Forum
workingpoor

Autumn Statement 2015

Recommended Posts

12.30pm tomorrow,

How will Osborne tackle the resistance to Tax Credit cut's?

Will he fold and go for Housing Benefit instead?

Or will he play an ace and set out a "hardship" taskforce at the DWP where those who can demonstrate financial hardship can be means tested and given tailored help to increase their working hours?

Edited by workingpoor

Share this post


Link to post
Share on other sites

Scrapping higher rate pension tax relief

Nah, they won't touch pensions.

> Scrap all benefits for the under 25's and reintroduce work house for them.

> Double income tax for the under 25's

> Tax anyone living outside London an extra 10%

> Negative interest rates fro bankers

> Printing money to fight the bogeyman with.

> etc.etc.

Share this post


Link to post
Share on other sites

Rumors the £3k reduction in the benefit cap is at risk of not being implemented because of Tax Credit cuts mitigation measures.

Does this mean the Tax Credit cuts will go ahead as planned but the welfare cap will stay at £26k per year so as to help the poorest?

Share this post


Link to post
Share on other sites

£2bn of our money to support the poor land hoarding house builders.

http://www.bbc.co.uk/news/uk-politics-34917747

significant new spending on house building including billions going directly to house builders to encourage them to get spades into the ground, and retaining what many see as generous welfare payments to the older generations - inevitably means others will lose out.

It'll be interesting to see what the policy is and where builders share prices go?

Share this post


Link to post
Share on other sites

http://www.bbc.co.uk/news/uk-politics-34917747

It'll be interesting to see what the policy is and where builders share prices go?

Probably financial encouragement to keep encouraging them not to get spades into the ground.

Edit (via BU):

FT - 'Housebuilding drives Osborne plan to appease ‘strivers’' http://www.ft.com/cms/s/0/e5c73d14-92cd-11e5-94e6-c5413829caa5.html

*biggest housebuilding programme since the 1970s (like last year).

*build more than 400,000 new homes across England, with a big switch of public subsidies to housing to buy, not to rent.

*£6.9bn programme will see the state back a range of schemes to help people buy their own homes.

Edited by northshore

Share this post


Link to post
Share on other sites

Employers who have pemanent full time positions available but have staff who choose to remain part time whilst claiming tax credits should be forced to inform the DWP of the situation.

Share this post


Link to post
Share on other sites

Money gifted to builders to build 'special' starter homes to be sold at a discount.

What could possibly go wrong. With the state of your average new build as it is - these new 'special' ones are likely to be even poorer quality.

Share this post


Link to post
Share on other sites

Employers who have pemanent full time positions available but have staff who choose to remain part time whilst claiming tax credits should be forced to inform the DWP of the situation.

Something like:

Dear DWP,

Marginal tax rates over 60% discourage people from working longer hours. Just wanted to let you know.

Lots of love, etc

Share this post


Link to post
Share on other sites

Problem being there are far too many both rich and poor that want free things without having to work for them......then there is everyone else.

Rights and entitlements init.

Share this post


Link to post
Share on other sites

Money gifted to builders to build 'special' starter homes to be sold at a discount.

What could possibly go wrong. With the state of your average new build as it is - these new 'special' ones are likely to be even poorer quality.

Yep a cartel of housebuilders playing packet the difference whilst the banks pocket the difference too on super sized loans with govt backing on super shit housing.

Share this post


Link to post
Share on other sites

There is a lot of talk this morning about Osborne doing something about housing.

I don't really care what he does as long as it is something that helps working under 40's get a home, I do not want to see one more home going to welfare sponging kid breeding wasters or immigrants. If this country does not get back on track and start rewarding those that get up a 6am every morning to do a days work then we are heading for a country of those who have a "what's in it for me" attitude.

What about those who are 41 or 42 or 43 who have been screwed by successive governments housing policy? If the average age of a FTB in 37 then a heck of a lot of FTBs are going to be over 40.

Age discrimination just fine just so long as its a group you have no affinity for?

Share this post


Link to post
Share on other sites

So you give money directly to builders to build a "target" of 400k homes.

What happens if/when the bubble bursts and nature takes its course? Target gets forgotten, builders already bailed out, no political embarrassment. Groovy.

Share this post


Link to post
Share on other sites

What about those who are 41 or 42 or 43 who have been screwed by successive governments housing policy? If the average age of a FTB in 37 then a heck of a lot of FTBs are going to be over 40.

Age discrimination just fine just so long as its a group you have no affinity for?

Exactly (speaking as a 42 year old). Anything with an age limits smacks of more intervention to "help" a certain demographic. We don't need more intervention, we need less.

Share this post


Link to post
Share on other sites

The Treasury said the chancellor would unveil "the biggest affordable housebuilding programme since the 1970s".


It will include:


  • £2.3bn paid directly to developers to build so-called "starter homes", aimed at first-time buyers, who will get a 20% discount on prices up to £450,000 in London and £250,000 elsewhere
  • £4bn to help build 135,000 "Help to Buy: Shared Ownership" homes for households earning less than £80,000 (or £90,000 in London)
  • £200m for 10,000 new homes that tenants can live in for five years at reduced rents while they save for a deposit. They will then have "first right" to buy the home
  • £400m to help build 8,000 specialist homes for older people or those with disabilities

http://www.bbc.co.uk/news/uk-politics-34915218


Share this post


Link to post
Share on other sites

The Treasury said the chancellor would unveil "the biggest affordable housebuilding programme since the 1970s".

It will include:

  • £2.3bn paid directly to developers to build so-called "starter homes", aimed at first-time buyers, who will get a 20% discount on prices up to £450,000 in London and £250,000 elsewhere
  • £4bn to help build 135,000 "Help to Buy: Shared Ownership" homes for households earning less than £80,000 (or £90,000 in London)
  • £200m for 10,000 new homes that tenants can live in for five years at reduced rents while they save for a deposit. They will then have "first right" to buy the home
  • £400m to help build 8,000 specialist homes for older people or those with disabilities

http://www.bbc.co.uk/news/uk-politics-34915218

Yet more "help", when will they learn.

Share this post


Link to post
Share on other sites

I am sure the cost of these 'affordable homes' will go the same way as university fees - being allowed to charge up to £9k a year meant all unis charged £9k a year. Building affordable housing costing up to £250k will see the lot of it priced at £250k IMO (and ditto for the £450k London prices).

Edited by rantnrave

Share this post


Link to post
Share on other sites

Money gifted to builders to build 'special' starter homes to be sold at a discount.

What could possibly go wrong. With the state of your average new build as it is - these new 'special' ones are likely to be even poorer quality.

I weep for the yoot. I presume the spouses of the entire front bench are invested accordingly.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   8 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.