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Si1

New market props from May/Hammond?

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Whatever our suspicions, since Cameron and Osborne left, and apart from Carney's contemptible stance, have the new govt directly induced any new house price props?

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When was that grand idea of buying unsold new builds announced?

Can't remember which regime came up with that beauty.

 

Also the proposed ban on lettings fees seem to have gone extremely quiet, to the point where I'm starting to suspect it's going to be quietly shelved. 

(I know the lettings fees ban isn't a direct prop but I was optimistic it would seriously effect EA's income streams and force them to get a lot more realistic with their price valuations in order to actually generate sales commissions, rather then just pandering to greedy vendors with their deluded expectations and having a load of overpriced, unsold properties sat on their books),   

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24 minutes ago, Patient London FTB said:

The housing white paper set out that Help To Buy would probably continue in the long term

In which way? The lifetime ISA?

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5 hours ago, Si1 said:

Whatever our suspicions, since Cameron and Osborne left, and apart from Carney's contemptible stance, have the new govt directly induced any new house price props?

O.25% interest rates and £100bn to force down mortgage rates.

 

Sure you can blame the boe but do u see the ex banker wife of a banker do anything to stop this?

 

As the Tory's said.  They're all in it together

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'Events' such as the Budget are indicators for the markets, as are statements made by the BOE. These events signal course of direction in order that those who hold wealth [and power] continue to do so through tactical preparation.

The fact that Hammond and May have given the housing industry the cold shoulder is of great significance.

 

 

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10 minutes ago, TheCountOfNowhere said:

O.25% interest rates and £100bn to force down mortgage rates.

 

Sure you can blame the boe but do u see the ex banker wife of a banker do anything to stop this?

 

As the Tory's said.  They're all in it together

As the Tory's said.  You're all in it together and we are just fine; thanks for voting us in.

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5 hours ago, Si1 said:

Whatever our suspicions, since Cameron and Osborne left, and apart from Carney's contemptible stance, have the new govt directly induced any new house price props?

O.25% interest rates and £100bn to force down mortgage rates.

 

Sure you can blame the boe but do u see the ex banker wife of a banker do anything to stop this?

 

As the Tory's said.  They're all in it together.

 

Have you nerve gone into a meeting at work where you agree beforr hand your objectives with your partner then u do a good cop/bad cop thing then you get what you wanted all the time.

 

This is what the politicians do. They are quite literally. .all in it together.

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5 minutes ago, Mapatasy said:

'Events' such as the Budget are indicators for the markets, as are statements made by the BOE. These events signal course of direction in order that those who hold wealth [and power] continue to do so through tactical preparation.

The fact that Hammond and May have given the housing industry the cold shoulder is of great significance.

 

 

Yet...htb is removed for ftbs of 2nd hand hones but their party funders htb is still in place?

£s collapsed and the ####s won't raise irs  they put the person with the biggest property portfolio in the cabinet in charge of the finances 

 

We are deluding ourselves if we think the Tory's are helping anyone bar the bankers...businesses...the quuen and themselves.

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1 minute ago, TheCountOfNowhere said:

We are deluding ourselves if we think the Tory's are helping anyone bar the bankers...businesses...the quuen and themselves.

Agreed but looking beyond the details - does anyone really believe that Hammond, May and team walked away from the budget and said "********... we forgot to talk about housing"?

The plebs were recently told in words they will remember that 'The housing market is broken' then no mention of what Gov intend to do about it in the budget? Does anyone believe that was a mistake or a missed opportunity as is being reported by the industry?

Thanks to MSM working against Labour we now how a one party political race - the Conservatives can do anything now and will still retain power after the election. The system is broken and is creating a completely unstable society which is becoming increasingly harder to control - there has been no better opportunity to 'let it go' than now - just blame it on Brexit and retain power.

This is like watching a re-run of how Greece were taken down.

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1 hour ago, Si1 said:

In which way? The lifetime ISA?

I thought it indicated the equity loan part would probably survive, but now I've checked the wording I'm not so sure:

We have committed £8.6 billion for the Help to Buy Equity Loan scheme to 2021, ensuring it continues to support homebuyers and stimulate housing supply.
We also recognise the need to create certainty for prospective home owners and developers beyond 2021, so will work with the sector to consider the future of the scheme. 

As for the Lifetime ISA I wasn't referring to that, but yes that's an element that looks set to continue long term 

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2 hours ago, Mapatasy said:

Agreed but looking beyond the details - does anyone really believe that Hammond, May and team walked away from the budget and said "********... we forgot to talk about housing"?

The plebs were recently told in words they will remember that 'The housing market is broken' then no mention of what Gov intend to do about it in the budget? Does anyone believe that was a mistake or a missed opportunity as is being reported by the industry?

Thanks to MSM working against Labour we now how a one party political race - the Conservatives can do anything now and will still retain power after the election. The system is broken and is creating a completely unstable society which is becoming increasingly harder to control - there has been no better opportunity to 'let it go' than now - just blame it on Brexit and retain power.

This is like watching a re-run of how Greece were taken down.

Any vaguely credible opposition would be smashing May to pieces at the moment.

One look at the hoons at the controls of Labour makes you question why on earth she doesn't call an election right now.

People like Abbot Corbyn Chakrabati are NEVER getting the white working class back not in the north, not anywhere.

 At a guess, i reckon there are about ten credible Labour MPS currently at large in the country. I'm probably being over generous there.

UKIP are a shambles with Neil Hamilton and his wife in it.

No point talking about anyone else.

She is untouchable for the forseeable.

No need for the MSM to do anything where Labour are concerned.

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49 minutes ago, shindigger said:

The market in my bit of nth Dorset is completely dead.

Absolutely dead.

Source: My house is on the market.

If there's no interest, the price is too high. You should know that by now.

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3 hours ago, Eddie_George said:

If there's no interest, the price is too high. You should know that by now.

Almost definitely.

There's a place up the road i like, which is also, too expensive.

If nobody buys mine ill stay put.

Everyones price is too expensive.

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7 hours ago, Si1 said:

In which way? The lifetime ISA?

The lifetime ISA has turned into a fiasco. Only two providers are offering it from day 1and none of the big banks or building societies.

 It's also very ageist - aged 39 and 364 days on 1 April you can start one and get a tax free £11k by the age of 50 but aged 40 and 1 day and sorry no can do.

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Just now, MARTINX9 said:

The lifetime ISA has turned into a fiasco. Only two providers are offering it from day 1and none of the big banks or building societies.

 It's also very ageist - aged 39 and 364 days on 1 April you can start one and get a tax free £11k by the age of 50 but aged 40 and 1 day and sorry no can do.

A complete and utter waste of ink.

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5 hours ago, shindigger said:

Any vaguely credible opposition would be smashing May to pieces at the moment.

One look at the hoons at the controls of Labour makes you question why on earth she doesn't call an election right now.

People like Abbot Corbyn Chakrabati are NEVER getting the white working class back not in the north, not anywhere.

 At a guess, i reckon there are about ten credible Labour MPS currently at large in the country. I'm probably being over generous there.

UKIP are a shambles with Neil Hamilton and his wife in it.

No point talking about anyone else.

She is untouchable for the forseeable.

No need for the MSM to do anything where Labour are concerned.

People are going to go apesh!t at me but thanks heavens for the Lords, as thats the only credible opposition we have at the moment. 

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11 hours ago, shindigger said:

Any vaguely credible opposition would be smashing May to pieces at the moment.

One look at the hoons at the controls of Labour makes you question why on earth she doesn't call an election right now.

Assuming she concurs with you on the state of the opposition parties, what would she have to gain from calling an early election?

She maybe couldn't really expect a popularity bounce, even on a storming win, since as you say people would be voting against everyone else rather than for the Conservatives as such. Yes, the position in government could be cemented for an extra two years, but is that a good thing? The lead looks strong at the moment, might there not be more possibility of squandering such a lead by 2022 than by 2020? And might causing the kerfuffle of an unneeded election, and being seen to play party politics (especially having to also circumnavigate the formality of the FTPA nowadays), perhaps run the risk of her personally losing the "steady as she goes," uninspiring but sensible reputation that seems to have caught the imagination of the electorate? If she is enjoying the current Labour disarray, why help accelerate the resolution of that with an election, which will undoubtedly bring about some movement on the issue?

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3 minutes ago, Si1 said:

That's good. That's a prop abandoned.

More supply is a prop?

Maybe if knock down some towns the cost of the remaining houses will fall further still. 

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