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Sawitcoming

Homes for the many not speculative investments for the few

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Watching JC speech including a few minutes on housing. These were the main points.

Rent controls, Housing standards, Taxation on undeveloped land held by developers. Power for compulsory purchase (use it or lose it).

Regeneration - Benefit of the local people, not private developers and speculators. Requirement to house the displaced on the site upon completion. 

What is not to like? 

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3 minutes ago, Sawitcoming said:

Watching JC speech including a few minutes on housing. These were the main points.

Rent controls, Housing standards, Taxation on undeveloped land held by developers. Power for compulsory purchase (use it or lose it).

Regeneration - Benefit of the local people, not private developers and speculators. Requirement to house the displaced on the site upon completion. 

What is not to like? 

Lots of very vague things there. Like 'Taxation on undeveloped land held by developers' - does that mean that if the developer shunts the land into the possession of a holding company or third party it isn't subject to tax? 

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11 minutes ago, Errol said:

Lots of very vague things there. Like 'Taxation on undeveloped land held by developers' - does that mean that if the developer shunts the land into the possession of a holding company or third party it isn't subject to tax? 

He appears to be passionate about corporates paying their fair share of tax, I believe that he would not be fooled by some accounting shenanigans.

It is a speech which is useful as a barometer of the issues that he feels are the most important. TBH I was a little underwhelmed by the short time spent on housing. However, as we all know it is a difficult topic to deal with because the vast majority do not understand the real influencing factors. We all know how toxic a genuine discussion of the topic can be, regardless of whether you are right or not.

Possibly a wise move to keep it focused more on building more rather than curtailing speculation. However, his first sentence "homes for the many, not speculative investments for the few" is probably more on point.

Edited by Sawitcoming

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Its easy when you are in oppositions/no position of power or control, to say this or that. 

If he ever got into power i would imagine like every other politician before him, hid tune would change.

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3 minutes ago, Monkey said:

Its easy when you are in oppositions/no position of power or control, to say this or that. 

If he ever got into power i would imagine like every other politician before him, hid tune would change.

I think he would follow through, I also think this is a shot across the bowl of the conservatives, wait and see the next budget if they try and play catch up. If publicity about these policies becomes more main stream/popular the conservatives will have to shoot it down with their own rent caps, once that makes parliament labour would argue that a 5% cap too low, 10% cap too low.. it becomes one up man ship.. For any policy that the conservatives try to implement, labour would just go one better.. I hope.

It could be the final nail in the coffin for rising rents.. that’s if of course we can get the media pushing Corbyns policy.. 

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8 minutes ago, Monkey said:

Its easy when you are in oppositions/no position of power or control, to say this or that. 

If he ever got into power i would imagine like every other politician before him, hid tune would change.

That's exactly what I thought when I heard the speech. What he is talking about is effectively a reset that will harm the groups that have really benefitted from house price inflation - BTL, the banks, developers etc. I am not sure he woudl be able to wield enough power to overcome the groups if he did get into Government, but it must a be net vote-winner to talk about it now.

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34 minutes ago, Monkey said:

Its easy when you are in oppositions/no position of power or control, to say this or that. 

If he ever got into power i would imagine like every other politician before him, hid tune would change.

Well, it's either the devil or the deep blue sea. At the moment the deep blue sea offer nothing for young people or those priced out (for buying or renting) so might as well take a risk with the devil. Can't be any worse than the current HPI obsessed lot. 

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22 minutes ago, worried1 said:

That's exactly what I thought when I heard the speech. What he is talking about is effectively a reset that will harm the groups that have really benefitted from house price inflation - BTL, the banks, developers etc. I am not sure he woudl be able to wield enough power to overcome the groups if he did get into Government, but it must a be net vote-winner to talk about it now.

His comments only highlight areas that the electorate have an interest in. He may never wield power that isn't important, he's just pushing in that direction which in turn signals the direction that the Tory's will need to take. As a footnote they have already signalled they would expect open war with the groups of vested interests you describe so accept the consequences. 

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11 minutes ago, Orsino said:

Did he promise British jobs for British workers?

I'd vote for anyone willing to crash house prices tbh. The rest i couldn't care less about anymore!

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10 minutes ago, Orsino said:

Did he promise British jobs for British workers?

This is it if Corbyn did get into power, he'd just be a British version of Trump... rendered completely impotent by the REAL PTB 

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What do people want politicians to say? Nothing....because we don't believe anything they utter? 

17 minutes ago, wsn03 said:

No....no....no..... I find myself thinking I might even vote for this guy. Is there somewhere I can get help?

 

Venezuela apparently.

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More state, more intervention, this time it's got to work.

For once, I find it hard to decide which flavour of authoritarian intrusion and control is more repulsive. Since I was born in the 1970s Soviet Union, I find kleptocracy and cronyism way better than the whole country knowingly lying to each other all the time out of habit or fear, but I can understand the attraction for those who did not experience the latter.

Advocating socialism can't be either honest, rational or intellectually mature. If you let a socialist anywhere near power, the only hope is they are a self-interested populist rather than an uninformed true believer.

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His biggest contribution so far, IMO, is to shift the Overton Window of what is acceptable to promote as policy in the country. Much of what he is saying would have been unthinkable from any mainstream party at any point in the past 25 years where the policy options have been very narrow and it really didn't matter who got in.

We've finally got some politics back into our politics.

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3 minutes ago, RentingForever said:

His biggest contribution so far, IMO, is to shift the Overton Window of what is acceptable to promote as policy in the country. Much of what he is saying would have been unthinkable from any mainstream party at any point in the past 25 years where the policy options have been very narrow and it really didn't matter who got in.

We've finally got some politics back into our politics.

+1

I met a politics lecturer who'd spoken to Michael Portillo, who was delighted at the effect Corbyn has had on internal debate in the Tory party.

Edited by Si1

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50 minutes ago, Slimline said:

I'd vote for anyone willing to crash house prices tbh. The rest i couldn't care less about anymore!

Be careful. He would probably come out with something to protect those victims on IO mortgages who were preyed on by the banks. Something like a debt write off

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Just now, Odysseus said:

Be careful. He would probably come out with something to protect those victims on IO mortgages who were preyed on by the banks. Something like a debt write off

Yep, i've come to the conclusion debtors win regardless. Have cash, will take!

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17 minutes ago, vodkalondon said:

More state, more intervention, this time it's got to work.

For once, I find it hard to decide which flavour of authoritarian intrusion and control is more repulsive. Since I was born in the 1970s Soviet Union, I find kleptocracy and cronyism way better than the whole country knowingly lying to each other all the time out of habit or fear, but I can understand the attraction for those who did not experience the latter.

Advocating socialism can't be either honest, rational or intellectually mature. If you let a socialist anywhere near power, the only hope is they are a self-interested populist rather than an uninformed true believer.

I have lived and worked in the former soviet union. My view is that, for some reason, you end up with oppressive leadership of whichever flavour. This is a general feature of much of your history that is not present in ours in the same way.

Your experience of socialism was communism. Ours is not. Ours is simply a leaning left from centre to a focus more on the people who live in the country directly rather than a focus on elites who would claim to run the country in our interest as they know best. 

For guidance on the topic, this was meant to be about the housing policies proposed, not about political ideology. 

Edited by Sawitcoming

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Speculation on land hoarding tax good thing....but the stopping of renting uninhabitable property in the private rental sector....bit like saying illegal talking on hand held mobile phones.......talk is cheap.;)

Edited by winkie

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  • 296 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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