Help to "Buy" (Sell) to be pumped up

[keeprenting]

£10 billion extension. Torygraph premium article - full view for subscribers only. But the limited text available tells you enough about the 'help' they will offer first time buyers.

http://www.telegraph.co.uk/news/2017/09/30/theresa-mays-tuition-fees-revolution-win-students/

[Lavalas]

Yep, just heard this on BBC news from the Tory conference.

FFS

 

[Sawitcoming]

Hmmm. It is Autumn after all. The magic money tree seems to be shedding leaves.

[sPinwheel]

This is how they want to win over young votes?!?!

[chronyx]

At least it says 'attempt'. Still utterly pathetic though.

[jiltedjen]

so do i no longer have to pay back my student loan from earnings over 21k but 25k now? or is that just for current students? will this be automatic? 

i dont mind the HTB extension on new builds, i see it as addressing adding more stock, and it also drives the moron 5% buyers into overpriced crap, keeping them away from the quality built houses i actually care about.

its funny how a cap on fees is seen as helping the young out, as nearly 10k a year for education is fair when most of her generation got it for free?
The tories are obviously toast, they needed to crash the housing market at the very least to hope to survive future elections

Edited September 30, 2017 by jiltedjen

[mat109]

2 minutes ago, sPinwheel said:

This is how they want to win over young votes?!?!

Insane, isn't it? 135k is feck all and it's not as if help to buy helped them in the last election at all... 

[Glental]

If that's all they've got for the younger generation they are finished

[Simhadri]

Dear young people.  We will give you 50% Help To Buy to buy a studio flat for £600k in a shitty locality so that you will be grateful to Tory party for rest of your life whilethe tory lords will continue squeeze money out of you with leaseholds.

[mat109]

1 minute ago, jiltedjen said:

so do i no longer have to pay back my student loan from earnings over 21k but 25k now? or is that just for current students? will this be automatic? 

i dont mind the HTB extension on new builds, i see it as addressing adding more stock, and it also drives the moron 5% buyers into overpriced crap, keeping them away from the quality built houses i actually care about.

 

I imagine it's probably the 'plan 2' students. I'm plan 1 (after mortgage style). 

I don't want a new build. I'm not plan 2. Even with both, I wouldn't vote tory

[Habeas Domus]

So if they support 100,000 new houses per year with HTB covering 20%, thats equivalent to the goverment buying 20,000 houses outright, at the very peak of the market.

At a cost of £200,000 each that £4 billion of taxpayers money being put at risk each year

[Dorkins]

It's like they want Corbyn to be PM.

[Habeas Domus]

Perhaps the Tory idea of "young people" is 40-50 year old first time buyers?

 

[sPinwheel]

FFS May makes a speech about the merits of free markets and it's influence on improving lives.

 

What's free market about massive state intervention throwing money from a magic tree to prop up prices?

 

Do the Tories have ANY ideals to aspire to at all. Apart from power?

[durhamborn]

This shows they have no idea at all.They are desperate not to push house prices down because of the older vote.HTB is a disgusting policy.Its trapping young people into some of the worst houses ever built in this country at prices that wont be seen again for decades.Even if the buyers do only lose the 5% deposit its likely they will be trapped and then be unable to take advantage of lower prices down the road.

Making a hated policy like uni fees slightly less hated will deliver zero votes,but cost a lot.Bonkers.The Tories need to remove May within 6 months i expect.

[Dorkins]

21 minutes ago, sPinwheel said:

Do the Tories have ANY ideals to aspire to at all. Apart from power?

Even if the Tories do just want power for its own sake they may need to try a bit harder because the under 45 demographic is thoroughly cheesed off.

[Tempus]

They're only freezing university fees so that they can throw debt on young people to prop up the teetering housing market.

Truly sickening.

The only answer is to vote Corbyn.

 

 

[mathschoc]

So, I had a flipping pay freeze for 7 years but suddenly there is a magic money tree to throw at HTB

FFS, I hate living here 

[Mr Banks]

As I said they will never willingly accept falling house prices. They will pump whilst they can. Anyone who thought politicians would allow lower house prices is quite frankly deserves all they get because they haven't been observing the world for the last decade.

[stormymonday_2011]

32 minutes ago, durhamborn said:

This shows they have no idea at all.They are desperate not to push house prices down because of the older vote.HTB is a disgusting policy.Its trapping young people into some of the worst houses ever built in this country at prices that wont be seen again for decades.Even if the buyers do only lose the 5% deposit its likely they will be trapped and then be unable to take advantage of lower prices down the road.

Making a hated policy like uni fees slightly less hated will deliver zero votes,but cost a lot.Bonkers.The Tories need to remove May within 6 months i expect.

May is  absolutely clueless and her party is completely bankrupt of ideas

HTB is just a state subsidy to the building trade and yet another taxpayer funded prop to HPI

The Uni Fees freeze is a bit like someone saying they are going to stop sawing your leg off when they are halfway through the process

I dont even know why the Tories are bothering to hold a Conference if they cant come up with better policies than this sh*t

It is not even going to win them any votes

They must have some desperate Machievellian reason for wanting Corbyn to become PM which I dont understand

 

 

Edited September 30, 2017 by stormymonday_2011

[oatbake]

I voted for the Tories back in June... I can't see myself making that mistake again while HTB is in place, especially if it's extended. On the plus side, I can't see this stopping the collapse in prices. It is too little, too late. I just feel sorry for those who will be sucked into paying even more than an already overinflated asking price.

[oatbake]

1 minute ago, stormymonday_2011 said:

May is  absolutely clueless and her party is completely bankrupt of ideas

HTB is just a state subsidy to the building trade and yet another taxpayer funded prop to HPI

The Uni Fees freeze is a bit like someone saying they are going to stop sawing your leg off when they are halfway through the process

I dont even know why the Tories are bothering to hold a Conference if they cant come up with better policies than this sh*t

They must be desperate for Corbyn to become PM

 

 

Yes, this feels like complete desperation. They are so out of touch is unreal.

[adarmo]

46 minutes ago, jiltedjen said:

so do i no longer have to pay back my student loan from earnings over 21k but 25k now? or is that just for current students? will this be automatic? 

i dont mind the HTB extension on new builds, i see it as addressing adding more stock, and it also drives the moron 5% buyers into overpriced crap, keeping them away from the quality built houses i actually care about.

its funny how a cap on fees is seen as helping the young out, as nearly 10k a year for education is fair when most of her generation got it for free?
The tories are obviously toast, they needed to crash the housing market at the very least to hope to survive future elections

Agree with you on the new build buyers. They are fodder.

With respect to your views on 'her'. It was not her or her govt. that introduced tuition fees (nor encouraged a fecundity of f***witts to attend uni, not her or her govt. that initially trebled said fees. 

Let's just all remember who it was and what party that introduced them. 

[adarmo]

10 minutes ago, mathschoc said:

So, I had a flipping pay freeze for 7 years but suddenly there is a magic money tree to throw at HTB

FFS, I hate living here 

Why wouldn't you just get another job?

[rollover]

42 minutes ago, Dorkins said:

It's like they want Corbyn to be PM.

On Labour Party conference Jeremy Corbyn says: the result of the general election has forced the Government into "U-turn after U-turn". 

The Tories are "bereft of of ideas" and accuses Theresa May of ripping up her manifesto and stealing Lanour policies.  He says that if the Tories want to take Labour policies they should go further and end austerity, abolish tuition fees and scrap the public sector pay gap.