South Lorne Posted April 13, 2007 Share Posted April 13, 2007 Don't forget to remind David that BTL began with the Bradford & Bingley in 1996, under the Tories. 1995 Clydesdale Bank.....introduced as a product from Australia...I think their owners were Aussie at that time. It was also a solution to those moving say town for a new job and who could not sell but could rent. The solution...retain as a BTL, rent and finance second house in new area out of equity from house one, creating margin deposit for the BTL. This was not a Government thing! This was a solution for many. The only oversight with Government was when Labour regulated mortgages under the FSA in October 2004, they did not include BTLs. Quote Link to comment Share on other sites More sharing options...
time_and_tide Posted April 13, 2007 Share Posted April 13, 2007 (edited) Off to bed now. Just bumping this in the hope more people will cast their vote and keep the subject in the public eye. Night all. Edited April 13, 2007 by time_and_tide Quote Link to comment Share on other sites More sharing options...
South Lorne Posted April 13, 2007 Share Posted April 13, 2007 Can the best of the HPCers post a question on Dave Cameron'sasK-david blog. The question with the greatest number of votes will be answered by the man himself. With HPCers voting I'm sure we will get an answer. Its run weekly. Any takers? Financial Planner perhaps? http://www.webcameron.org.uk/ask-david/ Up to 143 now...bringing forward to help new readers use link! Quote Link to comment Share on other sites More sharing options...
1632656 Posted April 14, 2007 Share Posted April 14, 2007 Up to 143 now...bringing forward to help new readers use link! done Quote Link to comment Share on other sites More sharing options...
DaggaDagga Posted April 14, 2007 Share Posted April 14, 2007 Added my second comment (now where's that Bull/Bear control gone?)... Regarding Timbill's comments. all the arguments have already been spelt out in very clear terms. He clearly has an agenda (e.g. a huge mortgage, a portfolio of bedsits or a job at an estate agent). Could we please stick to the very important points here? CRASH WINNERS: -Priced out first time buyers -Homeowners wishing to upsize (probably most of the working-age people). Assuming that the mortgage companies launch mortgages that allow you to take your negative equity with you (as they no doubt will). CRASH LOSERS: -People who wish to downsize. The vast majority of which have already had a massive windfall of free money (they have not worked to gain it). In reality they will not lose but will just gain slightly less. -People who own investment property, e.g. landlords and holiday home owners. They may lose out, some who are heavily in debt already may be pushed into financial difficulty. But they are grown ups - nobody made them do it. They gambled with their own money plus a pile of borrowed cash. They lost. Should I expect sympathy if I buy shares with my credit card and they fall in value? Now by my guess, there are likely to be far more people in the winners group than in the losers group. This suggests that this could in fact be a vote-winner, provided that people such as Timbill are capable of absorbing the idea. Very careful explanation will be required to educate the ill-informed that have been brainwashed by the propaganda pushed by the £billions of vested interest in the housing market. Most of this debate is academic anyway, as the crash will happen. Only the timing is unknown. Hopefully Dave could publicise the chancellor's mis-management in allowing house price inflation to have been so completely uncontrolled by this government. This could make a few investors hang fire, and cause the inevitable to happen sooner rather than later. I doubt that anyone is interested in watching the suffering that will inevitably happen. But there will be more suffering if things are left uncontrolled for longer. If this issue is pushed now then it will happen under Labour. If it isn't then "our" government may manage to sustain the bubble until the day after Dave takes over. Quote Link to comment Share on other sites More sharing options...
Hope Posted April 14, 2007 Share Posted April 14, 2007 Also don't forget how many of those home owners you think are locked into high prices are parents. We get them signing up constantly on the PO site saying they are worried about the future for their kids. Hmm absolutely and I was one of those, that is until I got continually insulted by one member. I enjoy reading, learning and digesting what I read here but it still sticks in the throat to have done nothing but work, earn, save, mind my own business and then be slated by some narrow minded folk about hoping we rot in hell and die in our own wotsit after stealing from the young. I just have to keep reminding myself that I, as a parent am all for a HPC. I admit I did nothing particularly wonderful to achieve such wealth, which incidentally means naff all to me until I die (unless I want to take on more debt by MEWing) but equally I did nothing to create HPI either. Thankfully the majority of people are not bitter and twisted and can see that for themselves. Quote Link to comment Share on other sites More sharing options...
ca-uk Posted April 14, 2007 Share Posted April 14, 2007 voted Quote Link to comment Share on other sites More sharing options...
bomberbrown Posted April 14, 2007 Share Posted April 14, 2007 I registered yesterday afternoon to vote and I'm still waiting for my confirmation email. :angry: Quote Link to comment Share on other sites More sharing options...
HousePriceLottery Posted April 14, 2007 Share Posted April 14, 2007 (edited) Hmm absolutely and I was one of those, that is until I got continually insulted by one member. I enjoy reading, learning and digesting what I read here but it still sticks in the throat to have done nothing but work, earn, save, mind my own business and then be slated by some narrow minded folk about hoping we rot in hell and die in our own wotsit after stealing from the young. I just have to keep reminding myself that I, as a parent am all for a HPC. I admit I did nothing particularly wonderful to achieve such wealth, which incidentally means naff all to me until I die (unless I want to take on more debt by MEWing) but equally I did nothing to create HPI either. Thankfully the majority of people are not bitter and twisted and can see that for themselves. You'll be glad to hear Mark6423's account has since been deleted for continued disregard of forum rules. Edited April 14, 2007 by HousePriceLottery Quote Link to comment Share on other sites More sharing options...
scoobydo Posted April 14, 2007 Share Posted April 14, 2007 mine is cast. 147 Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted April 14, 2007 Share Posted April 14, 2007 up to 151. get votin peeps Quote Link to comment Share on other sites More sharing options...
red Posted April 14, 2007 Share Posted April 14, 2007 done my bit, too. And here's a little bump. Quote Link to comment Share on other sites More sharing options...
slurms mackenzie Posted April 14, 2007 Share Posted April 14, 2007 Joined, Voted. Lets hope they realise they can tap into something here, it's about more than a few nutters on a website (self included in that description). Its about the struggles of an entire generation, its about the strength of our economy going forward. Well done to those that started the ball rolling on this un. Quote Link to comment Share on other sites More sharing options...
zoomraker Posted April 14, 2007 Share Posted April 14, 2007 Joined, Voted. Lets hope they realise they can tap into something here, it's about more than a few nutters on a website (self included in that description). Its about the struggles of an entire generation, its about the strength of our economy going forward. Well done to those that started the ball rolling on this un. signed Quote Link to comment Share on other sites More sharing options...
King Posted April 14, 2007 Share Posted April 14, 2007 133 difference between us and the gun vote. Can we bring it down...? Quote Link to comment Share on other sites More sharing options...
A Fool & His Borrowed Money Posted April 14, 2007 Share Posted April 14, 2007 133 difference between us and the gun vote.Can we bring it down...? No, Shooting off yer pistol is a far more pressing concern than addressing the mess that is UK house prices. I Jest by the way, and a shameless bump! Quote Link to comment Share on other sites More sharing options...
DoctorJ Posted April 14, 2007 Share Posted April 14, 2007 when does the voting end for this? Quote Link to comment Share on other sites More sharing options...
NoIdea Posted April 14, 2007 Author Share Posted April 14, 2007 when does the voting end for this? Voting period: 2nd Apr - 15th Apr 07 Quote Link to comment Share on other sites More sharing options...
anon Posted April 14, 2007 Share Posted April 14, 2007 voted (shameless bump). Quote Link to comment Share on other sites More sharing options...
Jason Posted April 14, 2007 Share Posted April 14, 2007 He does respond to the top three, and it will remain in the top 3 until tomorrow. Start another thread with his response... no one like trawling though 12+ pages before we find out what he says. Quote Link to comment Share on other sites More sharing options...
red Posted April 14, 2007 Share Posted April 14, 2007 Another gratuitous bump...and the link again! http://www.webcameron.org.uk/blogs/3486-Nu...tives-do-better Quote Link to comment Share on other sites More sharing options...
svag Posted April 14, 2007 Share Posted April 14, 2007 anyone else slightly disappointed by the number voted so far? thought we were a bit more popular Quote Link to comment Share on other sites More sharing options...
A Fool & His Borrowed Money Posted April 14, 2007 Share Posted April 14, 2007 If it had been asked on Monday instead of 2 days before the ending period, it would be a lot higher. Alot of those other questions were asked on Monday, so they had a head start. But 170 in just a touch over 24hrs is quite a performance, compared to the rest of them. Quote Link to comment Share on other sites More sharing options...
JST Posted April 14, 2007 Share Posted April 14, 2007 I've voted. Whatever your views on the politics, the free market etc., you should vote. Getting house prices (and the government's failure to control a massive bubble) on to the political agenda is a big issue. Only about 20 or 30 people have voted since yesterday, meaning the gun lobby are doing better than us! Please get voting on this; it only takes a short time to register. Quote Link to comment Share on other sites More sharing options...
JST Posted April 14, 2007 Share Posted April 14, 2007 (edited) I've voted. Whatever your views on the politics, the free market etc., you should vote. Getting house prices (and the government's failure to control a massive bubble) on to the political agenda is a big issue. Only about 20 or 30 people have voted since yesterday, meaning the gun lobby are doing better than us! Please get voting on this; it only takes a short time to register. Edited April 14, 2007 by JST Quote Link to comment Share on other sites More sharing options...
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