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Disgusting Tory sub-human scum











S

somerset

New member
Jul 14, 2003
6,600
Yatton, North Somerset
Recent polls on this site, say you may be in a minority.
 


tinycowboy

tinycowboy

Well-known member
Aug 9, 2008
4,002
Canterbury
What a depressing article. The gap between those at the top and those at the bottom of society seems to have widened so much in the past ten or even five years - not good at all. And terrible for the economy.
 






Javeaseagull

Javeaseagull

Well-known member
Feb 22, 2014
2,491
If you look at history the rich have always borne down on the poor until they revolt.
Eventually ordinary people decide that they have had enough and throw out the ruling classes. Fortunately we have evolved in this country to having the chance to throw them out by vote rather than violence. The problem is they never go away and we have to put up with them again, like now.
 


Lord Bracknell

Lord Bracknell

On fire
Jul 5, 2003
39,499
104 Upper Grosvenor Street, Mayfair
looney said:
House prices are booming because of immigration, this is Labours legacy.
Click to expand...
House prices in London are out of control because of speculative "investment" purchases by far eastern capitalists, offloading their ill-gotten millions into an unregulated housing market. This is the legacy of the theft of the banking industry by self-serving crooks.
 




looney

looney

Banned
Jul 7, 2003
15,652
Lord Bracknell said:
House prices in London are out of control because of speculative "investment" purchases by far eastern capitalists, offloading their ill-gotten millions into an unregulated market. This is the legacy of the theft of the banking industry by self-serving crooks.
Click to expand...

No, Price is the dependent variable, on the Quantity supplied and demanded. In this case Demand. If the demand wasn't there the money would go elsewhere.
 


beorhthelm

beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,290
the issue of most importance, if anything is "to be done about this" is how this property came to be on the market for private investors to buy in the first place. this isnt mentioned in the Guardian or a few other articles ive browsed, anyone know?
 


beorhthelm

beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,290
Lord Bracknell said:
House prices in London are out of control because of speculative "investment" purchases by far eastern capitalists, offloading their ill-gotten millions into an unregulated housing market. This is the legacy of the theft of the banking industry by self-serving crooks.
Click to expand...

is that a parody post, blaming crooked asian bankers?? though closer than the daft immigrants claim, the cause of London house prices is lose monetry and fiscal policy in a nation that sees property as a safe investment and willing to pay over the odds to get into a certain school, or shave 10 minutes of the commute. rich chaps buying Kensington properties off other rich chaps isnt driving wider prices, unless you are signing up to demand side trickle down economics.
 




Lord Bracknell

Lord Bracknell

On fire
Jul 5, 2003
39,499
104 Upper Grosvenor Street, Mayfair
looney said:
No, Price is the dependent variable, on the Quantity supplied and demanded. In this case Demand. If the demand wasn't there the money would go elsewhere.
Click to expand...
If the high-value properties in central London were actually occupied, then this argument might have legs. What is happening has nothing whatsoever to do with housing being supplied. It's all about houses being taken out of supply.

The knock-on effect is a series of price distortions throughout the region. Immigrants play no part in this process.
 


A

A mex eyecan

Well-known member
Nov 3, 2011
3,307
no it's not fair is it, but of course no labour or liberal speculates and amasses property portfolios which help to drive up prices and rents do they. It's not just the Tories is it?
 






looney

looney

Banned
Jul 7, 2003
15,652
Lord Bracknell said:
If the high-value properties in central London were actually occupied, then this argument might have legs. What is happening has nothing whatsoever to do with housing being supplied. It's all about houses being taken out of supply.

The knock-on effect is a series of price distortions throughout the region. Immigrants play no part in this process.
Click to expand...

We are not talking about high end properties here but those which were built as lowcost housing. Secondly you are right about it ot being about supply its about the demand for them. Immigrants play a massive part in this, part of the price rise is expectations of future demand for what is low cost housing, that is based on epectations about the number of people in the lower end of the market. As beorththelm said its a question also of regulation and property rights. But the driving Engine is Demand, the shortfall in supply is so massive that the change would barely make a dent.
 


catfish

catfish

North Stand Brighton Boy
Dec 17, 2010
7,677
Worthing
It should have been quite obvious when Thatcher started selling off our council housing stock that a large portion would end up in the hands of property speculators.
But then that's probably why she did it.
 


Lord Bracknell

Lord Bracknell

On fire
Jul 5, 2003
39,499
104 Upper Grosvenor Street, Mayfair
What's happening in Hoxton is only possible because of the absence of any effective rent controls. The Benton organisation can do whatever they want and, if this means "hard-working families" (©CMD) being forced to move out of London, then so be it.
 


beorhthelm

beorhthelm

A. Virgo, Football Genius
Jul 21, 2003
35,290
looney said:
...Immigrants play a massive part in this, part of the price rise is expectations of future demand for what is low cost housing, that is based on epectations about the number of people in the lower end of the market.
Click to expand...

i know you are a self professed looney, but anyone should see immigrants really arent contributing to house prices. demand for property in this part of London is from workers in The City. who else can pay £2k on rent?
 




Lord Bracknell

Lord Bracknell

On fire
Jul 5, 2003
39,499
104 Upper Grosvenor Street, Mayfair
looney said:
We are not talking about high end properties here but those which were built as lowcost housing. Secondly you are right about it ot being about supply its about the demand for them. Immigrants play a massive part in this, part of the price rise is expectations of future demand for what is low cost housing, that is based on epectations about the number of people in the lower end of the market. As beorththelm said its a question also of regulation and property rights. But the driving Engine is Demand, the shortfall in supply is so massive that the change would barely make a dent.
Click to expand...
I'll accept that it is very difficult to see how market forces can be defeated. But it's relatively easy to introduce elements of effective regulation into the rented housing sector. From what's been said in this thread, this would seem to be a solution that you, beorthelm and I would agree is worth exploring.
 


Creaky

Creaky

Well-known member
Mar 26, 2013
3,842
Hookwood - Nr Horley


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