Friday, May 3, 2013

They Own Property – Give Them Money

House prices near Crossrail 'to rise by 40pc'

Cross rail does wonders for the rentiers. It's free market enterprise. Innit.

Posted by fubar @ 01:52 PM (2973 views)
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14 thoughts on “They Own Property – Give Them Money

  • mark wadsworth says:

    That’s hard earned and well deserved gains for those who invested wisely and took a stake in society, and plenty of taxpayer funded moolah for the few people who will lose out, plus the taxpayer is paying for the whole thing anyway.

    What’s not to like?

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  • letthemfall says:

    I’m going to buy 100 acres of land near the next London airport (though not too close), using my striving crystal ball while I sit on my bum. Vote Landowners King William Party.

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  • mark wadsworth says:

    “Households will feel the benefit of scheme funded largely by taxes and local businesses. The Department of Transport will contribute £4.7bn and London firms will pay £4.1bn, largely through higher business rates. The Mayor of London, through Transport for London (TfL) and the Greater London Authority (GLA), will contribute £7.1bn. Other contributors include the City of London Corporation (£200m), Heathrow airport operator BAA (£230m) and Canary Wharf Group (£150m).”

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  • Thanks Mark. I shouldn’t have been flippant in my description. That is a sizeable chunk of dough, especially on the back of the ‘Lympics spend. London. Because they’re worth it.

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  • Well whoopee-doo. Fill yer boots. Let’s all prostrate ourselves at the altar of numberswang.

    There is nothing but money, is there?

    Got anything fresh?

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  • stillthinking says:

    500 per uk worker. But to be fair government plans also blight homes.

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  • You know, every little new life, born today, is indoctrinated into this bullsh*t. They don’t deserve that. They didn’t ask for it. All they needed was true guidance. There is barely anyone alive today that can give them it.

    Legacy?

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  • This is based mainly on “improvements” (to use his word) in central London prices. According to this study over 30% of the rise will be due to this factor, with about 7% due to crossrail (which is largely already factored in). That 30%+ rise must be based on some very big assumptions about global economic stability and the “investing” habits of the world’s kleptocrats and tax-dodgers.

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  • To clarify, according to this study central London prices are projected to rise 30%+ while crossrail-induced prices will add a further 7% to that.

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  • @ icarus

    Well let them go there. They may as well double it, since they’re making up the numbers anyway and enforcing it. Then let’s see the the destruction of the social fabric and the repercussions of it.

    It’s not a threat – it’s an ultimate fact.

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  • junk.

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  • novice pete says:

    1..2..3..4..! Not now John, we’ve gotta get on!

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  • novice pete says:

    Whilst I’m here, here is a little more audio pollution for ya!

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  • @11 “junk”

    Yep.

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