Jump to content
House Price Crash Forum

Recommended Posts

Below is a piece I wrote for today's edition of the paper I work for - I think it says it all really.

SOARING house prices have again been blamed for the continuing closure of a ward at Bourton's cottage hospital.

Shortly before Christmas health bosses closed eight beds at Moore Hospital with the promise that they would reopen on March 31.

However, due to problems finding nurses able to afford relocation to the Cotswolds, where the average home costs £271,000, the beds remain empty.

In order to reopen the ward three auxiliary nurses, who are paid less than £13,000, and two qualified nurses, who earn up to £22,000, are needed.

Spokesman for the Cotswold and Vale Primary Care Trust Jo Wynn said efforts were continuing to find new staff and open the ward again. "We do have some new nurses coming to the hospital, which is good - but we also have staff leaving or retiring, so we are back to square one."

She said the trust had advertised the posts nationally but had been disappointed by the response so far. "On a nurse's salary it would cost far too much to be able to afford a house here, so it is really difficult."

Claire McGine at Cotswold District Council said the authority was still offering interest-free loans to help key workers - such as nurses, firefighters and teachers - onto the property ladder. "We were the first local authority in the country to be able to help somebody under this government scheme and the loans are still available."

The decision to close the ward at Bourton was part of efforts by the trust to shave £2.8million from its budget - caused by a £5.5million cash shortfall it inherited at its inception three years ago.

Moreton Cottage Hospital also had eight beds closed, but these were reopened shortly after New Year.

Moore Cottage Hospital runs on a staff of eight Registered General Nurses on day duty, six on nights and four at the day hospital, along with 13 nursing auxiliaries on days and six on nights.

- - - -

As I see it, unless house prices fall the government will have to do one of three things -

a. Return to the Victorian model by building thousands of tied houses for key workers.

b. Link key workers' pay to local house prices

c. ***** the bubble

Anyone else have examples of vital services being shafted by HPI?

Link to post
Share on other sites

Anyone else have examples of vital services being shafted by HPI?

Yeah, manufacturing.

When we're running a trade deficit every year for decade upon decade there won't be the moeny to afford the NHS we have now, let alone scale it up to treat the ageing baby boomers.

Link to post
Share on other sites

When I read a thread like this I get incandescent with rage.

I would like to be able to confront TB, GB or any other of the useless @@s, and ask them "what are you going to do? not just say".

You know, I really think they don't care.

I also think any other Party wouldn't either.

Link to post
Share on other sites

I live in the Cotswolds and I am absolutely disgusted with the housing situation. The covenents placed on ex-LA housing are not worth the paper they are written on and the EAs seem to think that £200k is a fair price to ask for one. Best of all, I am rung up or emailed week after week being asked if I want to buy one. The answer each time is "No, they are worth a quarter of that price and they should be sold to local people." They still ring back the next time one becomes available.

The question is whether it is the EAs to blame or greedy 'right to buy' locals who have put their communities in this mess.

I sound like a socialist - better shoot myself now!

Edited by jaffa
Link to post
Share on other sites
b. Link key workers' pay to local house prices

And what about the oh-so-unimportant workers _WHO SLAVE AWAY TO PAY THE TAXES TO PAY THEIR WAGES, AND CAN'T AFFORD HOUSES EITHER_?

If the _real_ 'key workers' in this country, the productive minority, can't earn enough to afford houses, then the government workers aren't going to get pay rises for long.

Link to post
Share on other sites

This country is just filled with greedy b@stards, I'm afraid. No government wants to be seen to preside over falling house prices. P

lus, there are too many dumb people in this country, thinking that their house is worth so much, and is great etc, when all it is is a roof over their heads, that doesn't produce any cash, and which prevents people from spending money on other things that actually improve or enrich their life. We spend more and more, for less and less.

A crash upon both their houses!

Link to post
Share on other sites
Guest The dude
This country is just filled with greedy b@stards, I'm afraid. No government wants to be seen to preside over falling house prices. P

lus, there are too many dumb people in this country, thinking that their house is worth so much, and is great etc, when all it is is a roof over their heads, that doesn't produce any cash, and which prevents people from spending money on other things that actually improve or enrich their life. We spend more and more, for less and less.

A crash upon both their houses!

Agreed RichM....

http://www.sustainableenterprises.com/Planet/correspond2.htm

Link to post
Share on other sites

I read an opinion somewhere.... or was it a qoute from some other source.... anyhow it basically goes like this "that democracy's are doomed to fail because once the electorate discover that they can vote themselves handouts from the public purse it's all over" -----------> something along those lines anyhow.

When you think about it it makes sense. IMO most people are crazy. Who in their right mind would kill the goose that lay's the golden eggs? We all shook our heads in disbelief when we read that fable. What a foolish king. But are we any better? Look at all the craziness in the bull markets. the irrational exhubarence(sp.).

Here in Oz the Liberal party has a reputation for being savvy economic managers. Just like Blair they lucked it to run the country in a Bull market.

Link to post
Share on other sites
I read an opinion somewhere.... or was it a qoute from some other source

It's often attributed to de Toqueville, but I believe it's actually a quote from some Scottish bloke of the same era.

Either way, we're well past the point where the majority realised they could vote to pick their neighbour's pockets... it's the end-game for 'democracy' right now, not just the beginning of the end.

Link to post
Share on other sites
It's often attributed to de Toqueville, but I believe it's actually a quote from some Scottish bloke of the same era.

Either way, we're well past the point where the majority realised they could vote to pick their neighbour's pockets... it's the end-game for 'democracy' right now, not just the beginning of the end.

I'd like to say that it's been fun but ...........

Funny how people wonder why the Germans (WWII) and Soviets (WWII and cold war) and North Koreans (present) et al can't see propoganda for what it is - yet can we? The yanks are blinded by the Stars and Stripes and deafened by the star spangled banner that they can't see what the rest of the world can. Aussies seem so financially inept that we vote in a Conservative government that has a track record for telling porkies and for looking out for big business interests on the belief that the Liberals will keep interest rates low.

I recall one heated debate during smoko at work during the "republic" push. I stated that if we were to have a referendum on wether we moved from a constitutional monarcy to a republic that they should put it all on the line. I asked "why a republic?" to which I was asked "what else could we do"

* Monarchy of our own

* Communist state

* Islamic State / Theocracy

* A democracy (but we are - we are debating a republic I was told)

* Facist state (Look at the US's patriot act)

or my favourite * disband the commonwealth and let the states go it alone

People honestly believe that democracy (I don't know of any true democratic countries) is the natural course that nations should follow. They don't even know of the alternatives (I admit that nor do I but at least I know they exist)

I vote that GCS15 gets his pay doubled ;)

Link to post
Share on other sites

noddage - sadly this has been true since the 80's, particularly in villages and small towns, locals just can't find places to live because of the scumbag incommers who want to live in the Cotswolds or the countryside. They don't use local services as much as they do their shopping in big towns where they work, they complain about the smell and noise from farms (don't they realise that the countryside is basically an (agro-)industrial estate).

It just sums up some of the people in this country who quite frankly don't give a monkeys about anyone just so long as they can do what they like, actually it seems to sum-up society quite. Hold on... wait a minute... weren't we told in the 80's there's no such thing as society and you look after no. 1, wonder if that has anything to do with it. Or is it just that politicians love to exploit the worst side of human nature, be they left or right wing, "vote for us we'll give you free health care", "vote for us we'll give you tax cuts" - "no neither of us know how we'll pay for it, but hey by the time you catch on I'll be in my nice company directorship(s)"

Scumbags the lot of them

:angry:

:angry:

Link to post
Share on other sites
People honestly believe that democracy (I don't know of any true democratic countries) is the natural course that nations should follow. They don't even know of the alternatives (I admit that nor do I but at least I know they exist)

Winston Churchill said, "Indeed, it has been said that democracy is the worst form of government except all those other forms that have been tried from time to time."

Oh so true :-)

Link to post
Share on other sites
I live in the Cotswolds and I am absolutely disgusted with the housing situation. The covenents placed on ex-LA housing are not worth the paper they are written on and the EAs seem to think that £200k is a fair price to ask for one. Best of all, I am rung up or emailed week after week being asked if I want to buy one. The answer each time is "No, they are worth a quarter of that price and they should be sold to local people." They still ring back the next time one becomes available.

The question is whether it is the EAs to blame or greedy 'right to buy' locals who have put their communities in this mess.

I sound like a socialist - better shoot myself now!

LOL. Your right-wing, free market neo-liberal convictions are looking ever so shaky when confronted with the result of those convictions: being priced out of a home of your own.

Link to post
Share on other sites

I am in the same situation to, BUT, I live mid way along the M4 (10 miles from where I grew up). Friends who now live here used to live in London, but could not afford the prices, so moved west. The west move pushed up prices here, so other friends have moved further west. If you work locally, you buy West of the town, and displace those locals further west. Im not sure what happens to those on the devon and wales coasts. Do they fall of the cliff or emigrate?

Remember, the incommers have often been pushed out of their own local towns too.

What is the answer? I think I am explaining the ripple effect. (or affect?) The answer must be to pop the center, which is London in this region, so Londoners can stay there.

SC

Link to post
Share on other sites
And what about the oh-so-unimportant workers _WHO SLAVE AWAY TO PAY THE TAXES TO PAY THEIR WAGES, AND CAN'T AFFORD HOUSES EITHER_?

If the _real_ 'key workers' in this country, the productive minority, can't earn enough to afford houses, then the government workers aren't going to get pay rises for long.

Paying anyone in proportion to house prices is not the answer.

We have got to this silly situation, where we are at today, with the majority of would be ftb's unable to afford. I can only imagine more money inflating prices further. The fundamental problem needs to be sorted. To name three:

GREED, GREED and GREED.

Link to post
Share on other sites

I am a nursing auxiliary on £11k P/A and live with my mum.... no other way of living in Poole on that salary..... can't even afford to rent a shoe box along with council tax and bills and live on that salary - let alone the dream of owning my own place for all the HARD GRAFT that is involved in Poole General Hospital on the busy wards to the standard expected of you.

Just goes to show what the labour government have allowed to happen. Lots of nurses having huge problems and a lot of disgrunted newly qualifieds looking to find homes and unable to....... sky high prices and sky high rents down in this part of the world.... Near london prices with no extra weighting....

Oh yes.... and the nurses quarters..... Sh1t hole.... you can't call or make them a home....

Edited by xavierpj
Link to post
Share on other sites
Your right-wing, free market neo-liberal convictions are looking ever so shaky when confronted with the result of those convictions: being priced out of a home of your own.

There's nothing 'free market' about a central bank spewing out a trillion pounds of debt at artificially low interest rates. Booms and busts would happen in a free market, but not booms and busts of this size.. they'd crash naturally well before they got so far out of line with reality.

Link to post
Share on other sites

I say that workers move away from area's that are overpriced. Then the Newly rich Chav's can sit around saying "geeze the ambulance response time is poor, wonder why the station was moved an hour out of town? At least I have a great plasma telly to watch"

Imagine all the Tesco's unable to open because no-one can afford to work there. Someone has to do the work. That someone also has a life, dreams of their own and want to get ahead. Just like everyone else.

This bubble is going to end and it will be messy.

Link to post
Share on other sites
Guest Charlie The Tramp
There's nothing 'free market' about a central bank spewing out a trillion pounds of debt at artificially low interest rates. Booms and busts would happen in a free market, but not booms and busts of this size.. they'd crash naturally well before they got so far out of line with reality.
It took 600 years of banking history for household debt to reach half a trillion pounds. Now, under eight years of Labour, this has doubled. What else can we expect from a government that persistently attacks pensions and has decimated the savings culture?"

And what a bust it is going to be. :(

Link to post
Share on other sites

I know the area quite well. Used to be that the retirees lived in the village houses, and the villagers lived in the council housing - now we have retirees in the council housing too. It is a great place to retire to, very popular with people from Midlands, not just London

Yes, probably best that we let the market correct it. Offering interest free loans to people will just compound the problem.

Bring back tied cottages! But the "right to buy" laws got rid of most of those...

Link to post
Share on other sites

Just wanted to say to xavierpi:

I have close family in Poole, so a. I know how far out of reach the housing market is there now, and b. I have (recent) reason to be personally grateful to you and your colleagues.

The situation you're in is scandalous, and I personally can't thank you enough for continuing to do the job you do.

I'm confident the bubble will burst -- I remember when it happened last time in that area. It will inevitably take a while before prices return to affordable levels, but it will happen.

Thanks again, mate.

Edited by Bathsheba Everdene
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...
  • Recently Browsing   0 members

    No registered users viewing this page.

  • 439 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%



×
×
  • 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.