question for bulls and bears

WhiteThierry

One thing ive noticed whilst lurking on here is that the champions of HPI tend to lean to the right/tories. Also the champions of HPC tend to lean to the left/Labour.

My question is why, after bearing this in mind?

1990's HP -14% in a mainly Conservative era
2000's HP +60-70% in a Labour era

I know my opening line is a generalisation. But surely if you're after HPI you should vote lab, if you're after HPC you should vote Tory.

Generali

WhiteThierry wrote: »

One thing ive noticed whilst lurking on here is that the champions of HPI tend to lean to the right/tories. Also the champions of HPC tend to lean to the left/Labour.

My question is why, after bearing this in mind?

1990's HP -14% in a mainly Conservative era
2000's HP +60-70% in a Labour era

I know my opening line is a generalisation. But surely if you're after HPI you should vote lab, if you're after HPC you should vote Tory.

My guess is that the more Tory minded are likely to accept that asset pricing in a free market is what it is, a relationship between supply and demand.

More Labour minded people would be more likely to suppose that it is possible and necessary for Government to intervene into free markets to set prices.

WhiteThierry

Generali wrote: »

My guess is that the more Tory minded are likely to accept that asset pricing in a free market is what it is, a relationship between supply and demand.

More Labour minded people would be more likely to suppose that it is possible and necessary for Government to intervene into free markets to set prices.

i agree thats the common perception, but the evidence of the current labour government doesn't back up that theory

Generali

WhiteThierry wrote: »

i agree thats the common perception, but the evidence of the current labour government doesn't back up that theory

True. However, as Tony Blair realised, the reality is nothing like as important as the perception.

Everyone 'knows' that the Tories are a bunch of money grabbers who look to feather the beds of their middle class mates whereas it's Labour that really cares for the poor. The reality is very different.

I seem to recall reading quite a while back that traditionally, the US stock market rose more under a Democratic presidency than a Republican one. The reason? Republicans were more likely to believe in sound money so put more pressure on the Fed to raise interest rates to reign in inflation which reduced short term returns on the stock market.

PS Are you up early or late?

WhiteThierry

Generali wrote: »

True. However, as Tony Blair realised, the reality is nothing like as important as the perception.

Everyone 'knows' that the Tories are a bunch of money grabbers who look to feather the beds of their middle class mates whereas it's Labour that really cares for the poor. The reality is very different.

I seem to recall reading quite a while back that traditionally, the US stock market rose more under a Democratic presidency than a Republican one. The reason? Republicans were more likely to believe in sound money so put more pressure on the Fed to raise interest rates to reign in inflation which reduced short term returns on the stock market.

PS Are you up early or late?

late i suppose, im off work anyway, and i suffer from mild insomnia, ironically i cant wait to get back to work so i sleep better!

Snooze

Dopester why did you delete your post? It was spot on.

R

dopester

Snooze - Thanks. I'm trying to cut back on wordy and ranty posts - and also - because I'm tired, maybe it lacks the clarity I was attempting to put forward. I just hit back on an open browser and found it again.. so I'll repost it.
//
Tories are small government, freedoms, military engagement not take lightly whatsoever. Sometimes I wonder if it was a Labour power-exercising thrill at the top which was a big part of us going along with the US with the invasion of Afghanistan and especially Iraq. The power to decide if we should pay the blood price. A political party which hadn't - for very good reasons - been allowed to wield real political power in such a very long time.

Wars on 2 fronts, or 3 if you include terrorist threats on the homeland... with raging HPI at the same time is quite some achievement.

'There's a saying: "War is a long cliff." You can avoid the cliff completely, you can walk along the top for as long as you have the nerve, you can even choose to leap off, and if you only fall a short way before you hit a ledge you can always scramble back up again. Unless you're just plain invaded, there are always choices, and even then, there's usually something you've missed - a choice you didn't make - that could have avoided invasion in the first place.' - Use of Weapons.

For me Conservatives are the party of the individual, and choice, and small government, and non-interference, and rarely trying to buck the power of the markets. Labour are deep involvement of their mindset on the individual, crusading about fairness, promoting what they want society to be like, enjoying redistribution of wealth to their client state (poorer / less able).

I watched an old video on YouTube last year. Mrs.T being pressured by the interviewer about the end of the recession. She offered no fixes, saying it 'depends what shape/path the economy takes' - 'all we can do is prepare a fair business framework for businesses to operate within, in the UK.' (or words to that).

Point being... she felt the market and the economy would find it's own direction. (I know I'll get a bit slated on that due to later privatisations, some deregulation (not a bad thing - even if some Labour heads suggest this was the start of the problems today... ignoring Labour really letting go, with BoE/FSA meddling ect.).

Yet two days ago I read an article with either Brown or Mandleson talking about key areas for the future for growth... as if they know what is good for the economy. They should only be laying a fair business friendly framework for the economy to find it's own way.

Honestly.. Labour interference in people's every day lives, trying to shape everything to their liking, does my head in. Their love of bloody-minded, ham-fisted interference in business, and trying to impose on individual freedoms, influence on our thinking, and 'help us' in choices which doesn't, and shouldn't, involve them.

[Deleted User]

WhiteThierry wrote: »

One thing ive noticed whilst lurking on here is that the champions of HPI tend to lean to the right/tories. Also the champions of HPC tend to lean to the left/Labour.

My question is why, after bearing this in mind?

1990's HP -14% in a mainly Conservative era
2000's HP +60-70% in a Labour era

I know my opening line is a generalisation. But surely if you're after HPI you should vote lab, if you're after HPC you should vote Tory.

Well I guess that theory fits me to a degree. I see buying and making money out of property to be a fantastic opportunity (NOTE that I say 'opportunity' and not god-given-right). I'm sure in the distant future the time will come when that opportunity ceases to exist and that will be a big loss in my opinion.

I always voted conservative, as did my parents before me. The thought of a labour government horrified me (e.g. in Neil Kinnock's day). But I have to say that since the Tony Blair government I've been quite happy for Labour to be in power. Labour now seem to be pretty much more balanced version of the conservatives. Labour ARE the new conservative

For the first time in my life I'll probably vote labour this time around.

We're now in a situation where we own two houses outright and we have money in the bank (partly due to inheritance). One of those houses will be sold shortly. My husband and I run our own business that brings in more than enough to live on but not so much that we pay a great deal of tax. Living expenses are very low. We've recently moved to an area where unemployment is high. There is a regeneration program underway and obviously it's in our interest that this continues.

So from a completely selfish point of view a Labour government will probably put more money in our pocket than a conservative one. If any conservative supporters think I'm wrong please persuade me - I tend not to keep up on politics enough!!!

EDIT: I also think that whoever gets in power it's best that it's a decent majority so that they can actually get on and do something!

purch

Must be why I vote LibDem

[Deleted User]

Dopester - your post was interesting. I'd like to read more of peoples thoughts on this. I tend not to pay enough attention to what's behind the policies and focus too much on the budget and whether or not a politician sounds like a socialist thug!!!

I've felt Labour have done OK, but is Dopester right that the way they've gone about it is destined to failure because they've tried to fight the natural course of things too much? Is this why we're seeing this:

1990's HP -14% in a mainly Conservative era
2000's HP +60-70% in a Labour era

And is it destined to lead to disaster under labour?

Snooze

Deleted_User wrote: »

Well I guess that theory fits me to a degree. I see buying and making money out of property to be a fantastic opportunity (NOTE that I say 'opportunity' and not god-given-right). I'm sure in the distant future the time will come when that opportunity ceases to exist and that will be a big loss in my opinion.

I always voted conservative, as did my parents before me. The thought of a labour government horrified me (e.g. in Neil Kinnock's day). But I have to say that since the Tony Blair government I've been quite happy for Labour to be in power. Labour now seem to be pretty much more balanced version of the conservatives. Labour ARE the new conservative

For the first time in my life I'll probably vote labour this time around.

We're now in a situation where we own two houses outright and we have money in the bank (partly due to inheritance). One of those houses will be sold shortly. My husband and I run our own business that brings in more than enough to live on but not so much that we pay a great deal of tax. Living expenses are very low. We've recently moved to an area where unemployment is high. There is a regeneration program underway and obviously it's in our interest that this continues.

So from a completely selfish point of view a Labour government will probably put more money in our pocket than a conservative one. If any conservative supporters think I'm wrong please persuade me - I tend not to keep up on politics enough!!!

EDIT: I also think that whoever gets in power it's best that it's a decent majority so that they can actually get on and do something!

I had noticed. :rolleyes:

R