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House prices set to rise for the next 50 years and outstrip incomes even further


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On 2/4/2017 at 5:02 PM, GreenDevil said:

Why doesn't the ***** do something about it then?

Indeed.  

Now that they know that prices are crazy and a real problem - recent news the government admits the market is broken - so what do they do. They say welcome to at least another 50 years of it and getting worse - and vote for us (he's BoE and not voted in but for sure but they're all in it together).

Buyer beware.

Edited by billybong
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1 hour ago, billybong said:

Indeed.  

Now that they know that prices are crazy and a real problem - recent news the government admits the market is broken - so what do they do. They say welcome to at least another 50 years of it and getting worse - and vote for us (he's BoE and not voted in but for sure but they're all in it together).

Buyer beware.

Who will replace the EU migrants?

Quote

 

Half of new homes built in Britain the next five years will go to migrants

Almost half of new homes built in the next five years will go to migrants, government figures have revealed. Soaring immigration means that Britain will need to accommodate as many as 243,000 new households each year for the next 22 years, the Department for Communities and Local Government has said. It is been estimated that an extra 5.3 million new properties could be needed to meet the growth in population, and an extra 2.4 million of the new homes will be needed for migrants alone.  Daily Mail

 

 

Edited by rollover
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2 hours ago, Little Frank said:

There's over 7 billion people in the world. 

Only 500m of them (or 430m post-brexit) live in the EU.

Another 10-20m over the next 1/2 century doesn't look impossible.

Technology, especially the smartphone, is assisting the journey. If only 20 million make it that would be  a mere 2% of near the billion that would come with genuinely open borders.

Meanwhile the SJWs have decided this 20 million allocation is put in the hands of the traffickers and those criminally minded enough or strong enough to get around the barriers. So that basically means young males.

Until we have a zero tolerance of all forms of queue jumping (send people back immediatley) then we have skewed sex ratios and as you point out unmanagable demands on hosuing units and other services.

Edited by crashmonitor
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Wow. Weve been a bunch of morons.

Why make + trade, just inflate house prices.

What could go wrong?

...

The UK is running very high current and budget deficits.

The IR cycle is turning. Inflation is ticking up.

Demographics are really not on the our side.

In 5-10 years time most people retiring will be on DC pensions - 20 years of paying in 50/month.

 

 

 

 

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31 minutes ago, Little Frank said:

There's over 7 billion people in the world. 

Only 500m of them (or 430m post-brexit) live in the EU.

Another 10-20m over the next 1/2 century doesn't look impossible.

And do what when they get here? There's not enough gainful employment for the present population nevermind another 20m high-stepping Elbonians.

 

 

Edited by zugzwang
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2 hours ago, zugzwang said:

And do what when they get here? There's not enough gainful employment for the present population nevermind another 20m high-stepping Elbonians.

 

 

Presumably you think the global population should have stopped at Adam & Eve or possibly sooner. 

The last time your arguments made any sense. 

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