Friday, August 5, 2011

Thatcher’s sell-off legacy comes home to roost

Hundreds of thousands cannot get on housing ladder

The only way is down for property prices... open market homes are unaffordable to many; and if more 'affordable homes' are built that will reduce pressure on the BLT market, resulting in falling rental values. Time to buy?

Posted by stuartking @ 12:27 AM (1970 views)
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13 thoughts on “Thatcher’s sell-off legacy comes home to roost

  • I’m no fan of Maggie, but really, what did Labour do in thirteen years to fix the problem? I’m all in favour of
    Thatcher hating but your title is rubbish. The Tories in the 80’s may have engaged in
    political bribery and land grabs with social housing but, thirteen years to fix it and they
    didn’t. That makes Blair and Brown and the rest of the party faithful equally responsible.
    Why is that? In fact Brown-Blair are worse than Thatcher because they should have understood
    the situation before they even came to office. The coalition seem no better, having suffered
    a catastrophic failure of sense AND imagination since the early heady days of hope. There needs to be
    much less of this sort of thing and a lot more pragmatism applied to the situation. Dogma is not required.
    The only way to fix this is a broad cross party/a-political movement. We are where we are – let’s leave yesterday’s men and women in the past. The future lies ahead.

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  • Could someone with a gift for graphics produce an image of a ladder, one that has just a single rung that is clearly out of reach..

    ..and then email it to every journalist who uses the wretched phrase..

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  • watched that TV show last night, there are millions who cannot get off the ladder, what is really odd is a 1% increase in rates will put a huge number of people into reposession according to the show, so the whole economy is fixed around not letting house prices slide and keeping rates so low even complete losers can own a house

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  • sibley's b'stard child says:

    Absolutely Fubar, a Guardian article (no less) a few months back showed how the majority of our council stock was sold-off under Blair, not Thatcher.

    I can’t abide either but at least get the facts straight; true she implemented RTB but it was Labour that took the mantle with even greater gusto. Both parties had their agenda; everyone else is a loser as a result.

    UT, not sure if this is what you had in mind:

    Image and video hosting by TinyPic

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  • SBC – that picture looks like someone who found out after they’d died that they’d backed the wrong religion..

    – I was thinking more of a long ladder with just a single rung at the top, and a little group of mournful people looking up at it..

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  • sibley's b'stard child says:

    Sheesh, there’s no pleasing some people.

    I’ll leave it to someone whose technical abilities stretches a little further than Google.

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  • mark wadsworth says:

    H
    l l
    I I

    Is the best I can do on the spur of the momet.

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  • sarah beeny

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  • Rental John says:

    Well said Fubar…
    While I can’t wait for the day I can dance on a certain grave… New labour were merely the pigs moving in to the big house.

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  • fallingbuzzard says:

    Sponsored by “the taxpayer”

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  • @1 fubar — you’re getting confused and thinking that the Labour Party is a Socialist party. It’s not. Remember when the abolished Clause IV?

    Remember when they kept calling it New Labour? It became, and has remained, a right-of-centre party, little different from the Tories. This, of course, is mainly driven by the political temperament of both those that matter and those that vote. They tend to be older, hence more ‘conservative,’ having gained assets through their lives.

    Plus with a dysfunctional electoral system that favours ‘marginals’ the transformation is complete. Both Labour and Tory are now one and the same. And it will remain that way until the more extreme on either side can convince the majority of the electorate that their view is better. With the majority of the electorate owning their own homes I can’t see it being the left side of the fence, can you?

    So in short if you are young then tough (keep up with those student loans, dreams of a housing ladder, and unaffordable pensions). If you are old uni was both free and cool, mortgage or rent payments, what are those, and my pension’s ok ta very much.

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  • clockslinger says:

    Fubar @ 1 , your outrage is quite understandable. However Dude @ 10 is quite right about the clause 4 moment and what “Nu Labor” were about. He also correctly identifies the quite terrifying vacuity of British politics; you can vote for the right or the further right or some small right wing extremist parties.
    The only unfortunate error in Fubars post is to attribute blame along age lines. The blame lies entirely across section of generations, indeed anyone old enough to get out and protest who didn’t bother, but particularly those who thought they saw an opportunity to get rich quick from property, shares, via massive borrowing and reinvesting. Those who didn’t indulge were commonly viewed as “losers”, layabouts or witless. There are plenty of hard working pensioners on the poverty line through no fault of their own other than an understandable failure to wish to play in the Blatcherite casino.
    The propaganda of the richest 1% has poisoned the mind of this selfish little nation. Even Fubars otherwise correct analysis blames the old, not the rich!

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  • clockslinger says:

    Sorry the above post should read “the only unfortunate error in DUDES post ” at line 3 and
    “even DUDES otherwise correct analysis”at the end.

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