kjw Posted May 21, 2016 Share Posted May 21, 2016 (edited) Labour shadow chancellor John McDonnell has called for more councils to follow the lead of Manchester, Sandwell and Warrington councils which offer local authority backed mortgages.McDonnell said " we have to meet the aspirations of people to own their own home.”The idea of councils offering loans for property goes further than George Osborne’s Help to Buy scheme, which guarantees part of a mortgage to enable people to buy with smaller deposits.http://www.theguardian.com/politics/2016/may/21/labour--councils-help-first-time-buyers-mortgages-john-mcdonnell Edited May 21, 2016 by kjw Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted May 21, 2016 Share Posted May 21, 2016 Shove more money into the mortgage market. How exciting. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted May 21, 2016 Share Posted May 21, 2016 Yes this makes so much sense at ZIRP forever...... What if IR's go up? Quote Link to comment Share on other sites More sharing options...
Oki Posted May 21, 2016 Share Posted May 21, 2016 As mortgage lenders wouldn't councils then be incentivised to keep property prices high? Quote Link to comment Share on other sites More sharing options...
Guest Posted May 21, 2016 Share Posted May 21, 2016 Urgh what. Councils could help first time buyers by building council houses. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted May 21, 2016 Share Posted May 21, 2016 It really is different this time.... Quote Link to comment Share on other sites More sharing options...
Parkwell Posted May 22, 2016 Share Posted May 22, 2016 Don't worry, we can beat this housing crisis by outbidding each other. Quote Link to comment Share on other sites More sharing options...
doomed Posted May 22, 2016 Share Posted May 22, 2016 I'm from the council and I am here to help. Quote Link to comment Share on other sites More sharing options...
Si1 Posted May 22, 2016 Share Posted May 22, 2016 Ffs Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted May 22, 2016 Share Posted May 22, 2016 Where do we get all these clowns? Do they study the same course at college\uni? Quote Link to comment Share on other sites More sharing options...
Paul77 Posted May 22, 2016 Share Posted May 22, 2016 Why they can't just re-enable 125% mortgages? Quote Link to comment Share on other sites More sharing options...
Dorkins Posted May 22, 2016 Share Posted May 22, 2016 It was fun watching Corbyn hand the Blairites their ar5es last year, trouble is the Labour Left are just as clueless about housing as they are. Quote Link to comment Share on other sites More sharing options...
billybong Posted May 22, 2016 Share Posted May 22, 2016 http://www.john-mcdonnell.net Putting the Community First A new kind of Politics He was on the radio yesterday. Something about how there had to be a different approach. Promises promises to get into power. How to screw people over - a slightly different way. Quote Link to comment Share on other sites More sharing options...
Trampa501 Posted May 22, 2016 Share Posted May 22, 2016 There was a poster on here who sighed "Please, please stop helping us. It's killing us." He/she was right you know. Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 22, 2016 Share Posted May 22, 2016 Here' my soltuion. No housing benefit for any non-national for 10 years. Align housign benefit to local wages. Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 22, 2016 Share Posted May 22, 2016 Here' my soltuion. No housing benefit for any non-national for 10 years. Align housign benefit to local wages. Max housing benefit of 500/month. No London allowance. Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted May 22, 2016 Share Posted May 22, 2016 As usual it is all about where the extra loans and cash will come from .... councils, taxpayer etc never the fact that houses are too expensive because of the extra loans and cash. I guess it takes some sort of intelligence to grasp this concept. Pity most of the population and all of the politicians don't seem to get it. Or do they? Quote Link to comment Share on other sites More sharing options...
pig Posted May 22, 2016 Share Posted May 22, 2016 (edited) Ah well - that's McDonell on my sh*t list as well then. Funny how he goes on about listening to a broad range of experts and then comes up with the same stupid thinking that resulted in the credit crunch and made the current conservatives unelectable to me for perhaps a generation. Edited May 22, 2016 by pig Quote Link to comment Share on other sites More sharing options...
ChewingGrass Posted May 22, 2016 Share Posted May 22, 2016 Always remember that anyone can be an MP, no skillset required but if you want off the back benches an inate adility to toady up and generally decieve is useful. Likewise to be leader of a party you will need to be a manipulative opportunist as well as the above. If you can cover all the previous up you also stand a good chance of being PM. Blair is the benchmark to aspire to. Quote Link to comment Share on other sites More sharing options...
MattW Posted May 22, 2016 Share Posted May 22, 2016 Urgh what. Councils could help first time buyers by building council houses. Exactly. To begin to address the housing crisis the rented sector needs sorting out first. Quote Link to comment Share on other sites More sharing options...
oracle Posted May 22, 2016 Share Posted May 22, 2016 Here' my soltuion. No housing benefit for any non-national for 10 years. Align housign benefit to local wages. might be worth a try. test for citizenship:in the period of 10 years from granting right of abode:(probationary period) 1)you shall undertake to learn english to a proficient standard, and submit to national examination of GCSE standard,of which you shall obtain grade C or higher. 2)you shall agree to perform a period of 12 months national military,or community service,at the discretion of the immigration board 3)you shall not commit a criminal offence,or series of offences,which by conviction warrants a custodial sentence of greater than 12 months. failure to comply with any of the above during probationary period will result in return transit to country of origin. no bullsh1t,no excuses,no questions....it is how it is. Quote Link to comment Share on other sites More sharing options...
pig Posted May 22, 2016 Share Posted May 22, 2016 might be worth a try. test for citizenship:in the period of 10 years from granting right of abode:(probationary period) 1)you shall undertake to learn english to a proficient standard, and submit to national examination of GCSE standard,of which you shall obtain grade C or higher. 2)you shall agree to perform a period of 12 months national military,or community service,at the discretion of the immigration board 3)you shall not commit a criminal offence,or series of offences,which by conviction warrants a custodial sentence of greater than 12 months. failure to comply with any of the above during probationary period will result in return transit to country of origin. no bullsh1t,no excuses,no questions....it is how it is. Is that called popular authoritarianism or authoritarian populism ? Quote Link to comment Share on other sites More sharing options...
spyguy Posted May 22, 2016 Share Posted May 22, 2016 Is that called popular authoritarianism or authoritarian populism ? It's called What the rest of the World do. Quote Link to comment Share on other sites More sharing options...
pig Posted May 22, 2016 Share Posted May 22, 2016 It's called What the rest of the World do. Definitely if its authoritarian populism - its not just the OP getting derailed again with the usual, its what is happening across the world: It’s not just Trump. Authoritarian populism is rising across the West. Here’s why. Interestingly though, in the same newspaper I also found this: Trump’s voters aren’t authoritarians, new research says. So what are they? which actually puts the two terms in opposition: Authoritarianism, as understood by political psychologists, refers to a set of personality traits that seek order, clarity and stability. Authoritarians have little tolerance for deviance. They’re highly obedient to strong leaders. They scapegoat outsiders and demand conformity to traditional norms. Populism, on the other hand, is a type of political rhetoric that casts a virtuous “people” against nefarious elites and strident outsiders. Scholars measure populism in a variety of ways, but we focus on three central elements: Belief that a few elites have absconded with the rightful sovereignty of the people; Deep mistrust of any group that claims expertise; Strong nationalist identity Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted May 22, 2016 Share Posted May 22, 2016 It's that "H" word again, it's doing my head in. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.