Darling admits house prices are too high

Mr.Brown_4

PrivatisetheNHSnow wrote: »

Make people on benefits share 10 families to one house.

While we welcome and respond to trolls on here, we need a basic relationship to the truth that is not too far fetched. If you want it to work, follow the White Horse and go for that "almost unbelieveable but still possible that he means it " line.

PrivatisetheNHSnow

It worked in the 19th C when we the richest country in the world...you make the mistake of assuming people should be pandered to by the state

FungusFighter

PrivatisetheNHSnow wrote: »

It worked in the 19th C when we the richest country in the world...you make the mistake of assuming people should be pandered to by the state

Are you a single issue party then mate?:D

Kronkston_2

The_White_Horse wrote: »

if house prices are allowed to fall - as they should. the govt needs to protect people who bought between 2000 and 2007 who may be crippled with massive debts for the rest of their lives due to the govts incompetence and encouragement of a debt based economy.

Its all very well for a 200k house to fall to 100k, but what of those with a 180k mortgage, they are ruined for many years, especially if interest rates rise. a technique needs to be devised to help the victims of the govt's gross negligence. and that is EVERY person who bought from 2000 onwards. maybe rates on mortgages taken out during this period can never go above 2%.

Your quote:- “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." It seems you want to share the misery of failed speculative capitalism with those who never took part? Not that it is not already being shared because of the bank bailout. Funny how capitalists become socalists when it comes to bailing out the wealthy. The people you speak of will not be ruined, they will still have their house and it will still be worth the same, ie one house. Those who bought the houses are as much to blame.

PrivatisetheNHSnow

FungusFighter wrote: »

Are you a single issue party then mate?:D

My issues are ridding england of its filthy communist government once and for all

Kronkston_2

The_White_Horse wrote: »

not in the slightest. i have plenty of equity and a reasonably small mortgage.

the point is, an entire generation have been f**ked and have a very low disposable income because such a high percentage is taken up in mortgage payments. if prices plummit and interest rates go up, this will not help the economy as an entire generation will up the creek. who will buy my house when I want to move? certainly not the person who spent 280k in 2004 and their house is now worth 145k with a mortgage of 240k round their neck. it will all grind to a massive halt. people don't far ahead enough.

we are not talking of a few people. we are talking about a whole generation.

There is no logical reason why negative equity should prevent you moving, none whatsoever, hence you point is not valid.

DaddyBear

Kronkston wrote: »

Your quote:- “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery." It seems you want to share the misery of failed speculative capitalism with those who never took part? Not that it is not already being shared because of the bank bailout. Funny how capitalists become socalists when it comes to bailing out the wealthy. The people you speak of will not be ruined, they will still have their house and it will still be worth the same, ie one house. Those who bought the houses are as much to blame.

Nail on the head.
Well said that man (or woman).

Kronkston_2

PrivatisetheNHSnow wrote: »

Make people on benefits share 10 families to one house.

That would cause a housing market collapse and bankrupt the buy to letters who are no already bankrupt.

PrivatisetheNHSnow

Kronkston wrote: »

That would cause a housing market collapse and bankrupt the buy to letters who are no already bankrupt.

Good - they need a lesson. You should only get rich by hard work, not property speculation.

Would be have been a world power if Isambard Kingdom Brunel had made his name in BTL?

Kronkston_2

DaddyBear wrote: »

Nail on the head.
Well said that man (or woman).

Ty, 100% male.