news & politics:discussion

[Neil]

11 minutes ago, Ozanne said:

I can’t comment on the 80s but if we hadn’t seen such mismanagement by the Tories for the reasons I mentioned then buying a place would be easier now. The Tories don’t want to make it easier as they would rather their mates in property own it all and then charge exorbitant amounts of rent.

there's no easy wy to make it easier if there was, labour would be doing it.

[Neil]

19 minutes ago, fraybentos1 said:

for much of the 80s house prices were around 4x average income, now around 10x. I know what I would prefer

the whole market system is designed to keep them just out of reach, if they weren't everyone would buy and that demand puts them just out of reach.

[Guest]

Just now, Neil said:

there's no easy wy to make it easier if there was, labour would be doing it.

Yeah of course it wouldn’t be easy, I just meant it would be more achievable than it is now.

[steviewevie]

fray, fgs stop being a constant dick.

[Neil]

3 minutes ago, Ozanne said:

Yeah of course it wouldn’t be easy, I just meant it would be more achievable than it is now.

18 years of blair had the opposite effect generally, - those were the years houses started being unaffordable

Edited August 9, 2023 by Neil

[fraybentos1]

3 minutes ago, steviewevie said:

fray, fgs stop being a constant dick.

You agree with me Stevie and you know it, and have been agreeing with me quite a lot recently!

Tbh I'm always gonna wind him up when he's saying this objective nonsense. Don't care anyway, it's something I feel passionate about.

[fraybentos1]

7 minutes ago, Neil said:

the whole market system is designed to keep them just out of reach, if they weren't everyone would buy and that demand puts them just out of reach.

4x income vs 10x income- what is more out of reach?

[Guest]

2 minutes ago, Neil said:

18 years of blair had the opposite effect

I don’t know if that’s necessarily true but even so the Tories in the last 14 years haven’t done anywhere near enough and is a large part of the reason for the housing crises now.

We are crying out for more homes to be built but the Tories scrapped targets and want to give power to local communities to block developments. That’s not going to help young people or anyone looking to buy. 

[Neil]

2 minutes ago, fraybentos1 said:

4x income vs 10x income- what is more out of reach?

prices haven't crashed completely which shows  that 10x isn't particularly out of reach or 10x is wrong?????

[fraybentos1]

I'll sort it in a few easy steps:

1) Make interest rates a reasonable level of around 4%, not 0.1%

2)Get Nimbys to f**k and build good quality, high density housing where it is needed

3)Build way more social housing 

4) f**k Landlords

5) Get a grip on the economy and actually deliver some growth and prosperity for average joes

6)get rid of ludicrous policies designed to prop up the market such as help to buy (gone thankfully) and the stamp duty holiday 

 

For those that claim these are impossible, we used to manage most of them fairly well 🙂 

[Neil]

Just now, Ozanne said:

I don’t know if that’s necessarily true but even so the Tories in the last 14 years haven’t done anywhere near enough and is a large part of the reason for the housing crises now.

tories have been f**king it up since thatcher's time, and it was during blair's time it got particularly bad.

[fraybentos1]

Just now, Neil said:

prices haven't crashed completely which shows  that 10x isn't particularly out of reach or 10x is wrong?????

Moving the goalposts.

Great! 10x is fine, let's aim for 20!! 

Anyway, prices are and will continue to drop anyway to get them to a slightly more reasonable multiple.

 

[Neil]

1 minute ago, fraybentos1 said:

build good quality

that makes it premium quality, so should be premium price too.

good quality builds can't be done on the cheap.

[Rufus Gwertigan]

A little topical 

 

[fraybentos1]

1 minute ago, Neil said:

tories have been f**king it up since thatcher's time, and it was during blair's time it got particularly bad.

Yep they went mental during the New Labour years. They were improving post financial crisis but unfortunately George Osborne propped things up with the dumb Help to Buy scheme. Then of course covid came along and made them stratospheric

[Neil]

Just now, fraybentos1 said:

Moving the goalposts.

Great! 10x is fine, let's aim for 20!! 

great arguments mr ridiculous, make it up for yourself.

 

 

[kaosmark2]

30 minutes ago, steviewevie said:

surely low interest rates plus reduced supply was more the issue, not that people had too much money? People just borrowed more.

The problem with the housing market is it is a market. 

2nd properties for the middle classes and none for the working classes was the problem.

Holiday homes and a massive increase in private landlords - often managed by predatory letting agencies - has moved money from poor to rich.

[steviewevie]

9 minutes ago, fraybentos1 said:

You agree with me Stevie and you know it, and have been agreeing with me quite a lot recently!

 

I agree you're a dick, that's for sure. 

[Neil]

5 minutes ago, fraybentos1 said:

) f**k Landlords

lets drive the private landlords out and make the problems worse.

[fraybentos1]

2 minutes ago, Neil said:

that makes it premium quality, so should be premium price too.

good quality builds can't be done on the cheap.

'Premium' is relative. Prices should fall across the board, obviously always gonna be more expensive and less expensive houses tho

[Guest]

2 minutes ago, Neil said:

great arguments mr ridiculous, make it up for yourself.

 

 

Remember a few days ago when he claimed the economy was doing well because he saw people in a cafe? Now the economy is struggling because it affects him directly. 

Edited August 9, 2023 by Ozanne

[steviewevie]

build back better

[cellar]

6 minutes ago, fraybentos1 said:

You agree with me Stevie and you know it, and have been agreeing with me quite a lot recently!

Tbh I'm always gonna wind him up when he's saying this objective nonsense. Don't care anyway, it's something I feel passionate about.

Ozanne can't accept that he doesn't understand economics, so it's best to leave him to it, I think. Like talking to a brick wall that repeats the same stock phrases over and over (but never in direct response to you, of course - unless you're Crazyfool, where he becomes weirdly nasty).

[fraybentos1]

2 minutes ago, Neil said:

great arguments mr ridiculous, make it up for yourself.

 

 

10x was only possible due to 0.1% interest rates duh, a terrible idea as we are seeing now 

[kaosmark2]

6 minutes ago, Neil said:

prices haven't crashed completely which shows  that 10x isn't particularly out of reach or 10x is wrong?????

Bristol prices have already gone down by 15-20%.