Positive action - what do you/can you do?

Graham_Devon

boomerangs wrote: »

Yeah, don't forget StiflersMom.

Don't think this name counts.

Believe there have been about 14 reincarnations of the same poster since that name hasn't there!?

sjaypink

I signed up but agree with earlier points that some of the wording sounds a bit.... whingy?

fc123

My Sister in Law is Russian and grew up under communism. She got given a nice mansion flat in a major city when she turned 18.
When communism collapsed, all resis were just given ownership of whatever the party had given them.

One of the biggest problems when communism collapsed was that people had no idea what things like houses and land were worth in monetry terms. Took a while for values to be established. A lot of people made a serious amount of cash buying land before 'true' values were set.

When I was out there, the young don't seem to feel resentful that they don't get given a free place to live in but many of the older generation don't like it at all.
I can't work out the point I am trying to make here....umm......
expectations?

StevieJ

Graham_Devon wrote: »

Did you forget the banned HPC trolls?

You go on about it so much, but forgot this time to include them in your totals

I beleive we have:
1: You
2: Rinoa
3. Pete
4. Nollag
5. Conrad

Any more?

Conrad used to be a bear.

Pobby

No axe to grind here. I have my place. However I am not impressed with the " Let someone else pay your mortgage " idea. It seems a very unfair way to go. I hated the selling off of council housing. Thatchers " brave new world " imo, didn`t work. In the same way I don`t think housing works very well now.

I am furious at GB, he promised that none of this carp would happen, yet stood happily by whilst many of his henchmen did well out of HPC. Had equities carried on performing well I expect that the boom would have been far less. The same goes for the " creative " loans that were bandied about, like chucking petrol on a fire.

Now it`s come to this. 0.5% interest rates? Madness, but no madder than the events of the last decade. We fight madness with madness.

I was aware that people laughed at me when years ago they said " it`s different this time ", very different as it`s turned out. The lessons of the Thatch era were not taken on board " economic revolutions ", don`t you just love `um.

Savers are now punished for doing just that. Banks brought to their knees Mister " I saved the world ( chuckle, chuckle ), the banks " stepped in with our money to prop them up.

I am older. Realistic interest on our savings would have been a boom yet they languish. Sometimes a little devil whispers in my ear. " Buy a couple of flats, you can afford it " Yes I guess a couple of hundred quid a week coming in now would be very handy but Mrs.P hates the idea and I would rather be a part of the solution ( if indeed there is one ) rather than being part of a system that seems to promote unfairness. Thanks for the link Carol.

fc123

Pobby wrote: »

No axe to grind here. I have my place. However I am not impressed with the " Let someone else pay your mortgage " idea. It seems a very unfair way to go. I hated the selling off of council housing. Thatchers " brave new world " imo, didn`t work. In the same way I don`t think housing works very well now.

I am furious at GB, he promised that none of this carp would happen, yet stood happily by whilst many of his henchmen did well out of HPC. Had equities carried on performing well I expect that the boom would have been far less. The same goes for the " creative " loans that were bandied about, like chucking petrol on a fire.

Now it`s come to this. 0.5% interest rates? Madness, but no madder than the events of the last decade. We fight madness with madness.

I was aware that people laughed at me when years ago they said " it`s different this time ", very different as it`s turned out. The lessons of the Thatch era were not taken on board " economic revolutions ", don`t you just love `um.

Savers are now punished for doing just that. Banks brought to their knees Mister " I saved the world ( chuckle, chuckle ), the banks " stepped in with our money to prop them up.

I am older. Realistic interest on our savings would have been a boom yet they languish. Sometimes a little devil whispers in my ear. " Buy a couple of flats, you can afford it " Yes I guess a couple of hundred quid a week coming in now would be very handy but Mrs.P hates the idea and I would rather be a part of the solution ( if indeed there is one ) rather than being part of a system that seems to promote unfairness. Thanks for the link Carol.

I remember the council house sell off well and the boom in the 80's plus being way priced out of anything at all. We waited 3 years and bought in 90....maybe should have waited until 94 but it all evened out in the end.

I do feel that this is one of the early factors that has helped feed the BTL business...then the change in rent laws....cheaper and easier loans...loss of confidence in pensions and so on. It's more like a 15-20 year cycle of change

I can't see how a Govt can do that much to change things with a few taxes but they must tighten up rental laws so anyone who does do it is running things properly....and I think they like not being LL so don't want to change anything.

Sons mate rents an ex LA place in Hoxton and LL collects rent in cash only each month...is it a RTB or does he still hold a tenancy? £800 for 2 rooms too.

Pobby

£800, madness. Cash, dodgy. You are right about pensions. After a dreadful decade on the stock market the providers also woke up to realise that people are living longer. Not so long ago a retire ment fund would have yielded 9%. Far less now.

baileysbattlebus

Pobby wrote: »

No axe to grind here. I have my place. However I am not impressed with the " Let someone else pay your mortgage " idea. It seems a very unfair way to go. I hated the selling off of council housing. Thatchers " brave new world " imo, didn`t work. In the same way I don`t think housing works very well now.

I am furious at GB, he promised that none of this carp would happen, yet stood happily by whilst many of his henchmen did well out of HPC. Had equities carried on performing well I expect that the boom would have been far less. The same goes for the " creative " loans that were bandied about, like chucking petrol on a fire.

Now it`s come to this. 0.5% interest rates? Madness, but no madder than the events of the last decade. We fight madness with madness.

I was aware that people laughed at me when years ago they said " it`s different this time ", very different as it`s turned out. The lessons of the Thatch era were not taken on board " economic revolutions ", don`t you just love `um.

Savers are now punished for doing just that. Banks brought to their knees Mister " I saved the world ( chuckle, chuckle ), the banks " stepped in with our money to prop them up.

I am older. Realistic interest on our savings would have been a boom yet they languish. Sometimes a little devil whispers in my ear. " Buy a couple of flats, you can afford it " Yes I guess a couple of hundred quid a week coming in now would be very handy but Mrs.P hates the idea and I would rather be a part of the solution ( if indeed there is one ) rather than being part of a system that seems to promote unfairness. Thanks for the link Carol.

I agree with you about selling of the council stock - IMHO it was criminal.

But you forgot to mention the real biggy in all of this - the assured shorthold tenancy. Introduced by the conservatives. It meant all tenancies after a certain date (1988 or 89) I think were AST and the regulated tenancy disappeared for all except existing tenants.

If you had or have a regulated tenancy - the property is yours to rent for life - your spouse or partner can carry on the tenancy when you die. Even an adult child can carry on the tenancy.

The rents can't be increased to whatever the landlord wants to charge - they are controlled.

This to me was the biggest change, it made BTL as an investment for landlords and potential landlords very attractive.

And tbh, you can't blame people for taking advantage of a change in regulation.

Who knows what would have happened if we hadn't had AST - there would have been a lot less rental property around that's for sure - because there would have been no return on an inviestment. Would property prices have risen just as much - I think they would as there wouldn't have been the rentals around that there are now.

If I think back to when I was a youngster in the 1970s - rented properties were like rocking horse sh*t - you usually got one through word of mouth, or because you knew someone - very few were advertised - at least in our neck of the woods. And you generally had to be married to put your name down on the council waiting list and generally had to have children to get a look in for a house.

For me and my friends - none of us could afford to buy in our late teens or very early 20s - we lived at home. We could afford to rent - because renting was cheap - but you just had a job getting anywhere.

Blacklight

Another militant group of Gen Y's who think everything should be handed to them on a plate.
Spoiled because mum got everything handed to her by the government when she had a carrer baby at 15 so she didn't have to get a job or try at anything.

Perhaps try working towards something for a change.

JonnyBravo

carolt wrote: »

Or if not, what else do you personally plan to do to improve our economy/Britain?

All positive suggestions welcomed.

I'm afraid I won't be joining that group carol.
I don't mind points 2,3 & 4 of their "manifesto" but couldn't support their wish to see the end of interest on the mortgage being offset against tax (point 1).
Sorry.

I did ask daddybear a while back if he put as much effort into "postive action" as to countering Hamish and he admitted he didn't as he felt it would have no impact.
Politics in this country needs more active involvement, so if one believes in this then they really should sign up and actually "do" something.


As a positive I will be spending some of the money I receive in rental in the wider economy. That's as much support as I can lend I'm afraid.