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Kia car review scathing on house prices

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http://b-c-ing-u.com/2017/09/20/kias-cliche-model/

Even taking rates of inflation into account, the unparalleled rise in UK property prices has led to a largely unfeasible, greed-instigated housing crisis from which our nation will never recover. We have a property rental market that has spiralled out of control and created housing barons that can change an individual’s status into inexcusable ‘homelessness’, often on little more than a whim.

When I reflect on a house that I purchased for around £26,000 only twenty years ago that has changed hands recently for around six times that price, I avoid using the word ‘value’, because it is redundant, especially when applied to a two-up, two-down, mid-terrace property possessing a postage stamp garden at front and rear and no private parking spot. To me, this situation is immoral bordering on illegal.

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Strange - a car review including a rant (albeit spot on) on the price of housing?  What does that tell us..?  that isn't normal.

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On 21 September 2017 at 12:38 PM, Wayward said:

Strange - a car review including a rant (albeit spot on) on the price of housing?  What does that tell us..?  that isn't normal.

As I was becoming more aware of the HPC site (thanks to the mad rants on 118) in 2015...

I the also saw an article Unrelated directly to housing, by my employer so no details that I can share....but the employee comments went off on a tangent by posters and a normally restrained bulletin board showed some real anger. No agenda to the employer, nor to the bulletin board....just a shared rant by some millenniums. Made interesting and insightful reading. 

So it's not normal....but starting to see it more and more. Descenters are matching advocates of house price rises. It's becoming an increasing main stream view and in less than a few years these angry young millenniums will be running the country and making the commerce, political and regulatory decisions. 

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56 minutes ago, Phil321 said:

It's becoming an increasing main stream view and in less than a few years these angry young millenniums will be running the country and making the commerce, political and regulatory decisions. 

Unfortunately far too many of my fellow millennials seem to see socialism as the answer... lets pray this country doesn't go down that path too hard!

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On ‎21‎/‎09‎/‎2017 at 12:59 PM, Diver Dan said:

You certainly wouldn't find these views in the, "Home" section of the newspaper.

Last week's Sunday Times Home Section featured seven pages dedicated to a faltering housing market.

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2 hours ago, rantnrave said:

Last week's Sunday Times Home Section featured seven pages dedicated to a faltering housing market.

Really? I hope the readers were paying attention and not just saying, "Well my region/ city/ area/ street/ house is different and won't be affected!"

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Interesting...it's not just the millennial lot affected by this.

I'm hearing more and more of people my age (40s) moaning because:

  • Divorce has meant selling up, now can't afford their own house, living with parents again priced out
  • Parents stuck with 20+ years kids because kids are priced out

I've said it before in another thread, I live in my Mother-in-laws house atm as I finish off my house to sell / move. On our street, including my wife who was priced out after her first marriage fell apart,  of the six houses in the row we are in, 5 of them have kids 25+ living in them with their parents or grandparents.

4 of those houses the kids are over 35.

3 of those houses have grandchildren in them too.

Each house is only 3 bedrooms. The only house that is "normal" occupancy contains the benefits scrounger. All of the other houses are full of working people.

It's a very big mess, and its going to come back to haunt us all.

Edited by wsn03

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5 hours ago, Northern Welsh Midlander said:

Unfortunately far too many of my fellow millennials seem to see socialism as the answer... lets pray this country doesn't go down that path too hard!

+1.  Sadly however bad things seem, politicians can make it worse - as Tony Blair proved!

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Just now, wsn03 said:

Interesting...it's not just the millennial lot affected by this.

I'm hearing more and more of people my age (40s) moaning because:

  • Divorce has meant selling up, now can't afford their own house, living with parents again priced out
  • Parents stuck with 20+ years kids because kids are priced out

I've said it before in another thread, I live in my Mother-in-laws house atm as I finish off my house to sell / move. On our street, including my wife who was priced out after her first marriage fell apart, the six houses in the row we are in, 5 of them have kids 25 years plus living in them with their parents.

4 of those houses the kids are over 35.

3 of those houses have grandchildren in them too.

Each house is only 3 bedrooms. The only house that is "normal" occupancy contains the benefits scrounger. All of the other houses are full of working people.

It's a very big mess.

I have a friend who is 44 and still living at home.  She couldn't afford when she graduated from uni and decide to live at home and save a bit, prices have been rising faster than her savings.

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4 minutes ago, iamnumerate said:

+1.  Sadly however bad things seem, politicians can make it worse - as Tony Blair proved!

But Tony Blair wasn't a Socialist.  Don't forget this mess was really kick started by Thatcher.

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5 hours ago, Northern Welsh Midlander said:

Unfortunately far too many of my fellow millennials seem to see socialism as the answer... lets pray this country doesn't go down that path too hard!

I guess capitalism hasn't worked out too well for them. Do you suggest they need more of the same but maybe just more extreme... or what?

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13 minutes ago, dougless said:

But Tony Blair wasn't a Socialist.  Don't forget this mess was really kick started by Thatcher.

If Labour party members couldn't realize that their leader was not really like them, why should we ever trust their choice again?

BTW was Chavez a Socialist?

Edited by iamnumerate

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26 minutes ago, Futuroid said:

I guess capitalism hasn't worked out too well for them. Do you suggest they need more of the same but maybe just more extreme... or what?

We didn't have capitalism, capitalism wouldn't have bailed the banks and propped up the housing market.

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1 hour ago, Northern Welsh Midlander said:

We didn't have capitalism, capitalism wouldn't have bailed the banks and propped up the housing market.

Oh that old chestnut. That's the only kind of capitalism you're going to be getting - the kind where the profits are private and the losses are public.

Unless you think Johnson, Rees-Mogg or anyone else in the Tory catacombs is going to let banks hit the wall any time soon?

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Yeah. That old chestnut....

"Capitalism is an economic system and an ideology based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets."

Silly old chestnut.

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23 minutes ago, Noallegiance said:

Yeah. That old chestnut....

"Capitalism is an economic system and an ideology based on private ownership of the means of production and their operation for profit. Characteristics central to capitalism include private property, capital accumulation, wage labor, voluntary exchange, a price system and competitive markets."

Silly old chestnut.

Except it never works out that way for long. Eventually those who gain the most capital inevitably seek to break down all the rules that promotes competition. Human nature. Same reason Communism/Socilaism fúck up every time. Capitalism is a religion -a die hard belief in what the world should be not how the world actually is .

 

And despite the claim of personal responsibility it's amazing how crap choices by people living in such a system end up very quickly blaming everything and anyone but themselves.

 

You might as well have written about Narnia.

Edited by sPinwheel

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17 minutes ago, sPinwheel said:

Except it never works out that way for long. Eventually those who gain the most capital inevitably seek to break down all the rules that promotes competition. Human nature. Same reason Communism/Socilaism fúck up every time. Capitalism is a religion -a die hard belief in what the world should be not how the world actually is .

 

And despite the claim of personal responsibility it's amazing how crap choices by people living in such a system end up very quickly blaming everything and anyone but themselves.

 

You might as well have written about Narnia.

Well, I was more interested in the fact that nowhere in the definition of capitalism does it mention ball-breaking debt. The clue is in the name.

Debt isn't capitalism. Our current system was referred to as capitalism. It isn't. A common flaw of comprehension.

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  • 297 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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