Rachel Reeves refuses to say that house prices are too high

[Horseradish]

3 hours ago, dances with sheeple said:

When millions have bought into a Ponzi you can`t say "Yes, they are too high"

I think that's a deep point really. It's the emperor's new clothes.

[MonsieurCopperCrutch]

11 hours ago, Social Justice League said:

Disgraceful Nulabour idiots imo.

I really can't stand any of this lot.

Because the current Party of Landlords is doing so much better. 🤣🤣🤣🤣

[mrpleasant]

9 hours ago, Bruce Banner said:

I'm not a Labour supporter, nor LibDem, Green or other minority party, but I will vote for whatever candidate stands the best chance of ousting the incumbent "Tory" MP in my constituency.  

It's the only way to be sure. (Or we take off and nuke the entire site from orbit.)

[Bob8]

She is giving a political answer. A bad non-answer. 

The main issue is that houses are not affordable to working people. That is a mixture of things:
- Labour is taxed heavily
- Assets are taxed lightly
- Low wages
- Money printing to wealth people who buy stocks and assets (such as houses

The answer to this is more radically left wing that Labour will consider.

[nightowl]

9 hours ago, Debt Slaves said:

Can I ask have any of the main parties said "house prices are too high"?  I don't appreicate that she didn't answer the question, or her other recent remarks about helping ftb and why the goverment aren't currently offering BTL help, but if you're bashing Labour about those things, don't forget about the current party in power.

What's Nigel's party up to now? not sure what it's called, was Brexit Party, what's his stance?

The whole problem isn't a labour or Tory specific one, despite some people want to grind their axe against one or the other.

Had the parties time in No10 been swapped we would be in exactly the same situation.  Nandy just confirmed it.

[btd1981]

The Labour Party in its current form makes me nauseous. Such a treachery. But if prefer them to the Tories. At least history suggests they will actually spend some money where it matters, no matter where it ultimately comes from.

[Bruce Banner]

17 minutes ago, nightowl said:

The whole problem isn't a labour or Tory specific one, despite some people want to grind their axe against one or the other.

Had the parties time in No10 been swapped we would be in exactly the same situation.  Nandy just confirmed it.

The real problem is the lies, started by Cameron and taken to new highs by BJ.

Conservative-Party-Manifesto-2010.pdf (general-election-2010.co.uk)

One thing is clear. We can’t go on with the old model of an economy built on debt. Irresponsible public spending, an overblown banking sector, and unsustainable consumer borrowing on the back of a housing bubble were the features of an age of irresponsibility that left Britain badly exposed to the economic crisis. Now, with the national debt already doubled and in danger of doubling again, it is this debt – together with the jobs tax that Labour will introduce to help pay for it – that threatens to kill the recovery

[Beef Shandy]

17 minutes ago, nightowl said:

Had the parties time in No10 been swapped we would be in exactly the same situation.  Nandy just confirmed it.

If the reds has been the hot seat during this current Parliament, lockdowns would've been even longer, Govt handouts would've been even higher, wage settlements with the public sector would've been even higher, and this would've fed through to even higher private sector wage settlements. Handouts, asking nothing in return in terms of productivity improvements to warrant (pay for) them would be being sprayed everywhere, as Reeves keeps shouting from the rooftops.

As such, inflation now would be considerably higher, the gilt market would've tanked, and interest rates would be going to the moon. We'd now be in much more serious crisis than we already are.

NB I don't support either team, just calling out the idiocy wherever I see it.

[Social Justice League]

6 minutes ago, Bruce Banner said:

One thing is clear. We can’t go on with the old model of an economy built on debt.

Lol, pure comedy gold right there.  Oh my god what has Great Britain become.  😀

[wighty]

Unlucky for Corbyn the pandemic and party hate didn't occur when he was labour leader. He'd probably be next PM with his band of lefties instead of the current plonkers.

[Walki]

1 hour ago, Bob8 said:

She is giving a political answer. A bad non-answer. 

The main issue is that houses are not affordable to working people. That is a mixture of things:
- Labour is taxed heavily
- Assets are taxed lightly
- Low wages
- Money printing to wealth people who buy stocks and assets (such as houses

The answer to this is more radically left wing that Labour will consider.

This is a very good point, tax efficiency is one of the reasons houses are so overpriced in the UK.  Apart from council tax every pound stored in your first house is hidden from tax including capital gains.  Rich people in the UK have assets not necessarily income. 

[Up the spout]

13 hours ago, zugzwang said:

Admitting that house prices are too high would be a costly hostage to fortune. The yellow press would talk about nothing else from here to the GE in foot high headlines.

Exactly this (nice turn of phrase - I'll try to remember that one). Other questions only an idiot would directly answer when preparing for a GE are;

a) Was Brexit a bad idea

b) Is immigration too high

c) Will climate change lead to millions of deaths

d) Would the world be better off is Putin was dead

e) Does my bum look big in this

f) Is Boris a total w*nk*r

g) Are most Tories today crazy

h) Are politicians self-serving, unqualified, and pointless

i) Are most voters uneducated mouth breathers

[zugzwang]

1 minute ago, Up the spout said:

Exactly this (nice turn of phrase - I'll try to remember that one). Other questions only an idiot would directly answer when preparing for a GE are;

a) Was Brexit a bad idea

b) Is immigration too high

c) Will climate change lead to millions of deaths

d) Would the world be better off is Putin was dead

e) Does my bum look big in this

f) Is Boris a total w*nk*r

g) Are most Tories today crazy

h) Are politicians self-serving, unqualified, and pointless

i) Are most voters uneducated mouth breathers

It's a dirty old game politics.

[Up the spout]

1 minute ago, zugzwang said:

It's a dirty old game politics.

Also the question was dirty, giving no context or authority and was just meant to trip up the interviewee. 

[zugzwang]

14 minutes ago, wighty said:

Unlucky for Corbyn the pandemic and party hate didn't occur when he was labour leader. He'd probably be next PM with his band of lefties instead of the current plonkers.

If the Grenfell fire had happened a week earlier Corbs would have won in 2017.

[Armus]

5 minutes ago, Up the spout said:

Also the question was dirty, giving no context or authority and was just meant to trip up the interviewee. 

What context do you need? It's a simple question.

[Up the spout]

2 minutes ago, Armus said:

What context do you need? It's a simple question.

Too simple; "Does Labour believe that house prices too high?"

Relative to what?

House prices where?

Too high for who?

By how much?

Since when?

Because of what? 

What has she got to gain by opening that Pandora's Box, except provide ammo for anyone who deigns to take a pot shot?

How is it relevant to the interview?

Is it an issue that can be immediately addressed, or are there other concerns which are more urgent?

How helpful to the UK would be an answer, and how could that amount of help be quantified? 

 

[rantnrave]

Rachel Reeves regularly touts her time serving with the Bank of England - that most trusted, insightful national economic authority

[Fromage Frais]

18 hours ago, JustAnotherProle said:

Nothing like a multi-millionaire Labour supporter paying for Labour at a minimum wage. 😆

Socialism for thee but not for me and my chums. Sums up what we have infesting Westminster these days.

Why go from multi millionaire footballer and pundit to hotels and then actually going in the media to discuss it.

Golden rule of running a hotel business used to be no public political positions or comments as you do not know all your customers ones.

The absolute classic one in the media a week ago was some lad getting kicked in the head at a protest the guy doing the kicking was a "marxist landlord".  

You have to love people these days bandwagons and morals like t shirts.


I loathe the conservatives since Osbourne.  Give me an old school labour man or woman rent and houses are too bloody high love.  We are going to do x y z. and I would vote for them.

But at the moment its looking like tax etc to funnel into another bubble pff

[Social Justice League]

34 minutes ago, Up the spout said:

Too simple; "Does Labour believe that house prices too high?"

Relative to what?

House prices where?

Too high for who?

By how much?

Since when?

Because of what? 

What has she got to gain by opening that Pandora's Box, except provide ammo for anyone who deigns to take a pot shot?

How is it relevant to the interview?

Is it an issue that can be immediately addressed, or are there other concerns which are more urgent?

How helpful to the UK would be an answer, and how could that amount of help be quantified? 

 

She should have been asked " Are average house prices high relative to average wages".

[anonguest]

4 minutes ago, Social Justice League said:

She should have been asked " Are average house prices high relative to average wages".

She would though still have procrastinated and not answered the question.

[Up the spout]

3 minutes ago, anonguest said:

She would though still have procrastinated and not answered the question.

It's a loaded question, like asking "Has the welfare state benefitted from thousands of early covid deaths?"

[miguel]

10 hours ago, Debt Slaves said:

Can I ask have any of the main parties said "house prices are too high"?  I don't appreicate that she didn't answer the question, or her other recent remarks about helping ftb and why the goverment aren't currently offering BTL help, but if you're bashing Labour about those things, don't forget about the current party in power.

What's Nigel's party up to now? not sure what it's called, was Brexit Party, what's his stance?

Below is a link to the Reform UK party website. Click on the link just below the banner, the 'Unaffordable housing' link. 

You would think that it would contain some sort of policy statement on housing no? Instead it offers to make you poorer by suggesting you make a £25 donation. Grifter Trump style. 

And you think the two main parties are fcked in the head? Their whole website reads as though it's been done by a bunch of 13 year olds (with all due respect to 13 year olds). 

Reform UK (reformparty.uk)

[BorrowToLeech]

Labour shouldn’t be trying to appeal to the kind of people who think house price rises are good, that’s the entire problem right there. They should be appealing to the people who don’t vote because nobody represents them; which includes the millions left behind by financialisation of the economy.

Donald Trump wasn’t afraid to answer a question. He basically insulted half the electorate and still won, and he wasn’t facing a government in total collapse. Nor was Farage. It’s always the nominal left who have to play by these made-up rules. In reality its just the establishment trying to justify their subversion of the opposition. 

Rachel Reeves doesn’t think houses are too expensive. She thinks it’s complicated, there are wealth effects and housing shortages let’s not forget about those, and also we shouldn’t upset the noble investors who provide all our housing. She’s a Tory. 

Edited July 7, 2023 by BorrowToLeech

[miguel]

4 minutes ago, BorrowToLeech said:

Labour shouldn’t be trying to appeal to the kind of people who think house price rises are good, that’s the entire problem right there. They should be appealing to the people who don’t vote because nobody represents them.

Donald Trump wasn’t afraid to answer a question, it’s always the ‘left’ who have to play by these made-up rules. He basically insulted half the electorate and still won, and he wasn’t facing a government in total collapse. 
 

Absolute hrsesht. Trump comes out with all manner of sht. He said he could solve the war in Ukraine in 24 hours. He just didn't tell us how. You don't find that strange? Just think of how many thousands of lives he could save just by telling us all how to do it. . . . . but he hasn't and he won't. 

Please donate generously to his next grift though. He's a bit short, dumbo. 

Edited July 7, 2023 by miguel