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There's nothing remotely socialist about Gordon Brown, and I don't know why the more traditional supporters of the Labour Party kid themselves into believing that, if they only got rid of Blair, everything in the garden would be rosy.

Gordon Brown is just as big a privatiser as Blair, if not more so, and has been one of the prime movers behind all the government's PFI/PPP privatisation-by-the-back-door schemes. Perhaps his Scottish Presbyterian background is used as a ploy to fool Old Labour supporters that he's on their side.

But he's not: he's only on the side of Big Business.

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Guest Riser

He is certainly taking a big risk with this scheme for what appears to be very little reward. Perhaps the real motivation is hidden in the following from the FT article

FT.com May 22 - Brown proposes help for first-time buyers

Shared ownership could be expanded to bring in additional investors, such as pension funds, or to allow home owners who encounter financial problems to sell back part of their equity, rather than lose their homes.

Could he be about to divert the 3 Billion he raided from our pensions back via the property market?

Edited by Riser
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This scheme is just a con. They are trying to get you to fund the building of council houses marketed as new builds. It will be like renting without the option of being able to walk away. These houses will look nice when they are first built but stick a satellite dish on the wall and a nova on the drive and hey prseto ... a right chav shlthole.

Correct me if I am wrong but this deal is only available to newbuilds. If any thing this will enhance HPC as FTBs will wait for the newbuilds and not buy any existing stock hence even less FTBs in the main market.

HPC Bring it on

Just cxchanged on my gaff and sitting on my bag of cash for 2 years in spain.. see you all in repoland.

Ian B)

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there isnt anything left to firkin raid. He's given it all to 12 year old teen mums who will never work even a single day in their entire life, and will contribute NOTHING to the UK apart from yet another generation of workshy shiftless chav thugs who will piss and vomit in your front garden rant over!

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Guest prudence

I have read that this deal is only applicable to new-builds and that it is applicable to all classes of residential property. We will have to wait for the details before we know for sure

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This scheme is just a con. They are trying to get you to fund the building of council houses marketed as new builds. It will be like renting without the option of being able to walk away. These houses will look nice when they are first built but stick a satellite dish on the wall and a nova on the drive and hey prseto ... a right chav shlthole.

Correct me if I am wrong but this deal is only available to newbuilds. If any thing this will enhance HPC as FTBs will wait for the newbuilds and not buy any existing stock hence even less FTBs in the main market.

HPC Bring it on

Just cxchanged on my gaff and sitting on my bag of cash for 2 years in spain.. see you all in repoland.

Ian  B)

I totally agree.

Congratulations on your exchange. I am curently abroad with the forces just waiting for the crash!!

Bring it on!!

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it will be very interesting to see what is outlined in the announcement on wednesday. i get the feeling that he will get a very good reception from it until the papers get hold of it. he shouldnt have said anything at the weekend as it just gives us time to think of all the reasons behind it!

they know that house prices are the key to the economy at the moment and they must not fall but need to be seen to be doing stuff for FTBs. increasing the stamp duty and advertising shared ownership are two ways. as the stamp duty increas didnt have an effect, they will wait and see what happens with this.

what i dont get is that these new builds will take a couple of years at least to get off the ground. what do they expect all the current FTBs to do??? continue throwing rent down the drain until they say 'go'!?!?!? they need to come up with something to bridge the gap.

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Guest Riser
it will be very interesting to see what is outlined in the announcement on wednesday. i get the feeling that he will get a very good reception from it until the papers get hold of it. he shouldnt have said anything at the weekend as it just gives us time to think of all the reasons behind it!

The release of this news was planned and carefully spun, just not sure why yet. It started on Saturday with the non-news about key workers being priced out of 95% of towns in the UK, nothing new there, in fact many prices have been dropping.

We then had the Observer article and Breakfast with Frost. Underlying this we also have some half baked scheme about professionals working 5 years longer than blue collar workers which was soon retracted.

I have a suspicion that tonight’s Channel 4 Expose of the Labour election 8pm may cause more damage to Blair than anticipated. Wednesday may already be earmarked for Brown to come riding to the rescue on a wave of positive press generated by this housing scheme and take over leadership from Blair. Lets face it if he doesn't act soon he won't be in a position to fool anybody about the state of the economy, that will all be some other poor sods responsibility along with the usual excuse of global economic factors.

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There's nothing remotely socialist about Gordon Brown, and I don't know why the more traditional supporters of the Labour Party kid themselves into believing that, if they only got rid of Blair, everything in the garden would be rosy.

Gordon Brown is just as big a privatiser as Blair, if not more so, and has been one of the prime movers behind all the government's PFI/PPP privatisation-by-the-back-door schemes.  Perhaps his Scottish Presbyterian background is used as a ploy to fool Old Labour supporters that he's on their side.

But he's not: he's only on the side of Big Business.

In a way you have stumbled upon the BIG CON!

The ILLUSION is that we choose the 'Party' we want and its supposed 'leader' in the elections.

But WHO really chooses/promotes the henchmen rising inside the Party?? :ph34r:

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Guest Riser
You've been reading this --> Brown Pops Housing Bubble havent u!

I particularly liked the bit about Gordon Clown having about as good a grasp on economics as a 200 tin statue of a dead dog!

To be honest I hadn't seen that but it is reasuring to see others are thinking along the same lines, shows I havn't become too detached from reality. I was also going to mention Blairs back, from what I gather he only had a pain killing injection, maybe he put off surgery for a slipped disk until this has all been resolved B)

Edited by Riser
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I should imagine it is also tied up with the timing on the SIPP's issue as well next April from the investor point of view.

Nominal rent , but available in your SIPP with a tax handout to boot.

Maybe I'm just being synical.

Dames :)

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  • 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%



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