Jump to content
House Price Crash Forum
Sign in to follow this  
laurejon

Home Ownership Was A Basic Right Under The Tories

Recommended Posts

Under the Tories home ownership was almost a basic right. Below average wage earners could easily afford a house under the Tories.

Then the younger generation fed up with reasonble interest rates voted for New Labour who promised to make borrowing cheaper, and promised to make houses less affordable for the working classes. New Labour also promised to tax the working classes more, and cut public services and close hospitals.

And given todays news about the huge amounts of money wasted on Education, only to find as we have been saying for years educational standards have dropped is the last nail in the coffin for Gordon Brown, The Schoolboy Clown

Share this post


Link to post
Share on other sites
Under the Tories home ownership was almost a basic right. Below average wage earners could easily afford a house under the Tories.

Then the younger generation fed up with reasonble interest rates voted for New Labour who promised to make borrowing cheaper, and promised to make houses less affordable for the working classes. New Labour also promised to tax the working classes more, and cut public services and close hospitals.

And given todays news about the huge amounts of money wasted on Education, only to find as we have been saying for years educational standards have dropped is the last nail in the coffin for Gordon Brown, The Schoolboy Clown

What the hell are you on about? Who was in power for the last boom / bust?

You really have excelled yourself on the idiot front this time.

Share this post


Link to post
Share on other sites

"Below average wage earners could easily afford a house under the Tories."

Yes, if they could keep a job.

But there were so many unwaged back then.

Including me for a time.

Share this post


Link to post
Share on other sites
Under the Tories home ownership was almost a basic right. Below average wage earners could easily afford a house under the Tories.

Then the younger generation fed up with reasonble interest rates voted for New Labour who promised to make borrowing cheaper, and promised to make houses less affordable for the working classes. New Labour also promised to tax the working classes more, and cut public services and close hospitals.

And given todays news about the huge amounts of money wasted on Education, only to find as we have been saying for years educational standards have dropped is the last nail in the coffin for Gordon Brown, The Schoolboy Clown

Under the Tories the industrial and energy base of this country was eviscerated. The financial markets were deregulated to the point of stupidity. Small wionder we're in the mess we're in now. The current political incumbants have simply carried on what Thatcher started... they are simply a Conservative government in Labour clothing.

But at least The Specials were in the charts with Ghost Town while the country burned so it wasn't all bad.

Is Thatcher dead yet?

Share this post


Link to post
Share on other sites

In times of economic downturn does the music seem better?

Perhaps they have something sing about other than all the bling/rap ****** we've

had for far too long.

.

ST

Share this post


Link to post
Share on other sites
In times of economic downturn does the music seem better?

Perhaps they have something sing about other than all the bling/rap ****** we've

had for far too long.

.

ST

Too much too young? :blink:

Just don't mention Funboy3 :ph34r:

Share this post


Link to post
Share on other sites
In times of economic downturn does the music seem better?

Perhaps they have something sing about other than all the bling/rap ****** we've

had for far too long.

.

ST

Heh heh... yes!

And now we have the Kings Of Leon we're going to be in the mother of all economic turndowns! :lol:

Share this post


Link to post
Share on other sites

The Tories under Thatcher aspired to make home ownership a realistic goal for anyone who was willing to work to achieve it. They didn't entirely succeed in delivering that aspiration, with the result that as others have noted some of the things they did in the late '80s contributed to the bust of the early '90s.

Labour, however, are cynically locking in the gains of those who got their feet on the ladder under Thatcher and, because of the early '90s bust, turned to Labour in '97. At the same time they have no problem kicking those who reached adulthood as the Thatcher era was ending off it, for the simple reason that they're less likely to vote than the boomers.

Share this post


Link to post
Share on other sites
Under the Tories the industrial and energy base of this country was eviscerated. The financial markets were deregulated to the point of stupidity. Small wionder we're in the mess we're in now. The current political incumbants have simply carried on what Thatcher started... they are simply a Conservative government in Labour clothing.

But at least The Specials were in the charts with Ghost Town while the country burned so it wasn't all bad.

Is Thatcher dead yet?

Too much fighting on the dance floor eh sossij?

I grew up in Thatchers Britain - i have never forgiven her for taking my milk away when i was 7 - and i never expected to see a labour government.

I was right.

F

Share this post


Link to post
Share on other sites
Too much fighting on the dance floor eh sossij?

I grew up in Thatchers Britain - i have never forgiven her for taking my milk away when i was 7 - and i never expected to see a labour government.

I was right.

F

Ah, 1979 - 1983... The Specials and The Beat on TOTP, Dexys Midnight Runners jumping the barriers at New Street station, The Jam straight in at No. 1 with Going Underground... makes you almost wish the Tories would get back in again!

That reminds me... "This Is England" is out on DVD. Gonna dig out my Harrington and oxblood Docs and give it a view :D

Share this post


Link to post
Share on other sites

I love the stories about Thatcher and unemployment. I think you misread your history, when labour took power we had all worked to the point whereby the Government had rekindled the economy, many people actually kept their houses and their jobs, and the Government had a massive bank balance running into billions, we had a trade surplus, and we had a health system free at the point of delivery, we had something called a dentist as well.

We also had benefits payable day 1 that would sustain human life provided you had worked, or were willing to work.

We dont have many unemployed today, the reason is simple, they are working in public services hence the reason there is no money left to deliver the service.

Share this post


Link to post
Share on other sites
Ah, 1979 - 1983... The Specials and The Beat on TOTP, Dexys Midnight Runners jumping the barriers at New Street station, The Jam straight in at No. 1 with Going Underground... makes you almost wish the Tories would get back in again!

That reminds me... "This Is England" is out on DVD. Gonna dig out my Harrington and oxblood Docs and give it a view :D

Saw it at the pictures - excellent film - laugh out loud funny in places. The clothes and dialogue were spot on. Ending maybe a tad contrived.

Enjoy!

F

Share this post


Link to post
Share on other sites
Saw it at the pictures - excellent film - laugh out loud funny in places. The clothes and dialogue were spot on. Ending maybe a tad contrived.

Enjoy!

F

I bought a Baracuta Harrington a few months ago, I had one in the 80s (who didn't!) Couldn't beleive how much they cost now - £120!!! I think mine was £15 back then.

I blame Thacther.

For everything :lol:

Share this post


Link to post
Share on other sites
The Tories under Thatcher aspired to make home ownership a realistic goal for anyone who was willing to work to achieve it. They didn't entirely succeed in delivering that aspiration, with the result that as others have noted some of the things they did in the late '80s contributed to the bust of the early '90s.

The Tories knew thier demographics.......they knew that homeowners were more likely to vote Conservative & so conned people into buying thier own council houses.

Having bought your own council house was still seen as a ridiculously stupid thing to do until the last few years with the boom. Before then, nobody would go near an ex-council house with a barge pole.

Share this post


Link to post
Share on other sites
I bought a Baracuta Harrington a few months ago, I had one in the 80s (who didn't!) Couldn't beleive how much they cost now - £120!!! I think mine was £15 back then.

I blame Thacther.

For everything :lol:

That'll be inflation Sossij, i belive they have now removed Harringtons from the cpi basket.

I too blame Fatcher for everything. I was most dissapointed at the arrival of John Major as it was difficult to hate him as much as the viscious old alcoholic scumbag Maggie.

Congratulations on a 1000 posts by the way.

F

Share this post


Link to post
Share on other sites
The Tories under Thatcher aspired to make home ownership a realistic goal for anyone who was willing to work to achieve it. They didn't entirely succeed in delivering that aspiration, with the result that as others have noted some of the things they did in the late '80s contributed to the bust of the early '90s.

Labour, however, are cynically locking in the gains of those who got their feet on the ladder under Thatcher and, because of the early '90s bust, turned to Labour in '97. At the same time they have no problem kicking those who reached adulthood as the Thatcher era was ending off it, for the simple reason that they're less likely to vote than the boomers.

Good try at rewriting history. :lol:

Thatcher made HO a realistic goal via huge right-to-buy discounts for anyone already ensconced in their council house. Leading to the deficit in cheap social housing we're still suffering from today.

If the '90s bust was going to put labour in power, it would have done so in 1992. By 1997 things were recovering somewhat (tories will always tell you) but labour were put in because Major's govt was an utter shambles, sleaze, no public services etc.

Share this post


Link to post
Share on other sites
Good try at rewriting history. :lol:

Thatcher made HO a realistic goal via huge right-to-buy discounts for anyone already ensconced in their council house. Leading to the deficit in cheap social housing we're still suffering from today.

If the '90s bust was going to put labour in power, it would have done so in 1992. By 1997 things were recovering somewhat (tories will always tell you) but labour were put in because Major's govt was an utter shambles, sleaze, no public services etc.

... no Harringtons...

Share this post


Link to post
Share on other sites
Good try at rewriting history. :lol:

Thatcher made HO a realistic goal via huge right-to-buy discounts for anyone already ensconced in their council house. Leading to the deficit in cheap social housing we're still suffering from today.

If the '90s bust was going to put labour in power, it would have done so in 1992. By 1997 things were recovering somewhat (tories will always tell you) but labour were put in because Major's govt was an utter shambles, sleaze, no public services etc.

Labour came to power because they promised the financial institutions and business a free reign over anything and everything.

Take a look at interest rates, Labour came to power and undone the hard work paid by millions in terms of jobs and cutbacks by cutting the interest rates almost immediately. Labour promoted public borrowing as a means of creating an economy.

Any fool Government could sell of state assets, employ the entire workforce, offshore real jobs, by printing an endless supply of money.

Remember this when you look your children in the eye. You had free education under the Tories, you had housing, and you had a job that paid a reasonable wage, if you didnt have a job your mortgage was paid until you did.

Your children are going to be the ones the pay for the last ten years of Socialist decadence, and I think your children may well grow up to wish you choke on it.

Share this post


Link to post
Share on other sites
Then the younger generation fed up with reasonble interest rates voted for New Labour who promised to make borrowing cheaper, and promised to make houses less affordable for the working classes. New Labour also promised to tax the working classes more, and cut public services and close hospitals.

You must have been sent a different manifesto to the rest of us in '97.

The problem with Thatcher's 'right to buy', laudable as it was, is that preventing the proceeds from being re-invested in social housing meant that the people buying their council house were effectively kicking the ladder out from underneath them.

One of the biggest failures of Labour has been to stick with the existing housing benefit system, whereby the local council, instead of investing in an asset that they own and control, are simply handing over millions of taxpayers' money to private landlords in return for housing the poor. I'm surprised how few people seem to have twigged that one of the reasons that BTL has been such a lucrative business in the last decade is that our taxes are being used to subsidise rents and hence artificially prop up the rental market. One of the biggest scams of modern times.

Share this post


Link to post
Share on other sites
Labour came to power because they promised the financial institutions and business a free reign over anything and everything.

Take a look at interest rates, Labour came to power and undone the hard work paid by millions in terms of jobs and cutbacks by cutting the interest rates almost immediately. Labour promoted public borrowing as a means of creating an economy.

Any fool Government could sell of state assets, employ the entire workforce, offshore real jobs, by printing an endless supply of money.

Remember this when you look your children in the eye. You had free education under the Tories, you had housing, and you had a job that paid a reasonable wage, if you didnt have a job your mortgage was paid until you did.

Your children are going to be the ones the pay for the last ten years of Socialist decadence, and I think your children may well grow up to wish you choke on it.

I know you, you're Bernard Ingham.

Everything you are saying now, the labour party could say in the 80's

NL Selling off state assets? You are jucking foking. Thatcher invented that. There was nothing to sell off when NL got in.

Socialist decadence? For pity sake. And the paying is being done now with nobody able to afford a house. Our kids will be much better off I reckon.

Offshoring jobs? It ain't governments doing that it is companies, and the alternative, which is trade restrictions would be the icing on the depression cake.

I am NO fan of NL, but they are just Tories in disguise.

That's why the Tories can't get in because there is no difference between the 2. No sooner the tories announce a policy, NL rubbish it and then adopt it 2 years later. It is a brilliant strategy.

But I wouldn't worry. GB won't win the next election, he will delay it too long and will be blamed by the Sun for this mess.

Share this post


Link to post
Share on other sites
You must have been sent a different manifesto to the rest of us in '97.

The problem with Thatcher's 'right to buy', laudable as it was, is that preventing the proceeds from being re-invested in social housing meant that the people buying their council house were effectively kicking the ladder out from underneath them.

One of the biggest failures of Labour has been to stick with the existing housing benefit system, whereby the local council, instead of investing in an asset that they own and control, are simply handing over millions of taxpayers' money to private landlords in return for housing the poor. I'm surprised how few people seem to have twigged that one of the reasons that BTL has been such a lucrative business in the last decade is that our taxes are being used to subsidise rents and hence artificially prop up the rental market. One of the biggest scams of modern times.

Spot on though housing benefit rarely covers the full cost of rent in the private sector so I'm not sure how much effect it does have on rent prices.

Share this post


Link to post
Share on other sites
Spot on though housing benefit rarely covers the full cost of rent in the private sector so I'm not sure how much effect it does have on rent prices.

I don't see why benefit would have to meet the full cost in order for it to affect rent levels. If a landlord is charging £600/month and only £200 of that is the tenant's own money, then take away the £400 benefit and what happens? No way can the landlord keep charging £600/month if he wants to keep his property let.

Share this post


Link to post
Share on other sites
You must have been sent a different manifesto to the rest of us in '97.

The problem with Thatcher's 'right to buy', laudable as it was, is that preventing the proceeds from being re-invested in social housing meant that the people buying their council house were effectively kicking the ladder out from underneath them.

One of the biggest failures of Labour has been to stick with the existing housing benefit system, whereby the local council, instead of investing in an asset that they own and control, are simply handing over millions of taxpayers' money to private landlords in return for housing the poor. I'm surprised how few people seem to have twigged that one of the reasons that BTL has been such a lucrative business in the last decade is that our taxes are being used to subsidise rents and hence artificially prop up the rental market. One of the biggest scams of modern times.

Absolutely right.

Share this post


Link to post
Share on other sites
Heh heh... yes!

And now we have the Kings Of Leon we're going to be in the mother of all economic turndowns! :lol:

We'll see.

I have a theory about recessionary music.

it oscillates between angry and passive with each recession we have.

let's take a look back in history.

50's/60's...mods+rockers...........angry

60's70's....hippies......passive

70's/80's.....punk......angry

80's/90's....rave....passive

90's/00's....duh??...think this one was delayed because they tinkered with IR's....so it's probably going to be VERY ANGRY.

....Think rage against the machine and multiply by a factor of 50!!!

Share this post


Link to post
Share on other sites

The loosening of credit was necessary to grease the wheels of capitalism. I doubt Mrs T had rampant credit bubbles at the heart of her vision, she was keen on common sense and balancing the books. If we were to move away from state-run enterprises then capital had to be available from somewhere. I seem to remember Thatcher espousing monetarism, anyway.

Fannying about with the ERM was a ****-up, but I am not sure that Mrs T was up for this, and Labour certainly were.

I shudder to think how screwed we'd be if everything was still run by government. We'd be just about limbering up for dial-up internet connection...

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.