Lots more mouths to feed...and house....

PasturesNew

lostinrates wrote: »

I don't think I'd be thrilled as a client to pay the higher fee of a London firm on this basis.

But, if somebody abroad has come to this country and studied for the relevant exams and passed them .... then they're as qualified as a Brit. The client will be interested in just three things:
- ability to perform the tasks required
- assurance deadlines will be met
- price

If the firm can do that using people living elsewhere, then they'll end up just routing the work around the world from one central command desk ... which could have a London phone number and calls routed to anywhere in the country.

Handful of client-facing suit-wearers in London and Bob's your uncle.

dandy-candy

Pete111 wrote: »

Just saw this.

http://news.bbc.co.uk/1/hi/uk/10401629.stm



thats a population increase greater than the number of inhabitants of Manchester every 12 months.....seems alot!

Can we just swap them for the inhabitants of Manchester?

HAMISH_MCTAVISH

Pete111 wrote: »

thats a population increase greater than the number of inhabitants of Manchester every 12 months.....seems alot!

Whilst we only build enough houses every year for the inhabitants of a city the size of Aberdeen....

And people are surprised house prices are rising.:eek:

IveSeenTheLight

dopester wrote: »

Are there enough jobs for these extra 400,000 a year on the kind of pay you take forgranted to support your house prices?

Is there enough money in the benefit pot to keep on topping it up for these extra people who need help with Housing Benefits, JSA ect?

Do people living in African countries expect HPI just because the population has gone up? It's the economy stupid. If anything these extra people are a damper on house prices - more competing for jobs, lower pay, less taxpayers money to slosh around supporting them.

A higher ratio of financial assets to tangible assets usually means the valuations of both are higher. How are UK financial assets doing? I thought people barely could scrape together £500 on average, with debt being overwhelming. How is the UK debt position doing eh? House prices and land values should deflate to 1949 values. We have only debt, and a big house price bubble.

Solutions will have to be found for the extra people. Cut pensions to older people refusing to take a lodger when they live alone in a 3 bed+ house. More people living with families. Cheap build large-container-apartment blocks (near indestructible, fireproof) around economically active areas. Just because there are more people doesn't mean Middlesbrough or Sheffield or Aberdeen is going to see massive HPI. If anything it helps see massive downside to values.

I wasn't inferring that extra population gauranteed HPI.
I even clarified a few posts further down by saying there will be more people sharing properties.

Youv'e jumped on to a rant for something that wasn't insinuated

IveSeenTheLight wrote:

We'll is there enough supply for the increasing demand?
Where will all the people live in the future.

In the link it refers to an increase in non related couples sharing and also an increase in divorce.

It's not great, but certainly it seems that property sharing is likely to become an increasing statistic.

lostinrates

PasturesNew wrote: »

But, if somebody abroad has come to this country and studied for the relevant exams and passed them .... then they're as qualified as a Brit. The client will be interested in just three things:
- ability to perform the tasks required
- assurance deadlines will be met
- price

If the firm can do that using people living elsewhere, then they'll end up just routing the work around the world from one central command desk ... which could have a London phone number and calls routed to anywhere in the country.

Handful of client-facing suit-wearers in London and Bob's your uncle.

The point is, if they went direct to the provincial forms/cheaper firms then the client could save even more.

BTW, I agree about the overseas qualification, it wasn't a racist dig my post...its just that its barmy for clients to pay City Prices for non - city work.

treliac

HAMISH_MCTAVISH wrote: »

Whilst we only build enough houses every year for the inhabitants of a city the size of Aberdeen....

And people are surprised house prices are rising.:eek:

And with the quality of a lot of new builds, would you want one anyway?

dopester

IveSeenTheLight wrote: »

Youv'e jumped on to a rant for something that wasn't insinuated

I wasn't calling you stupid ISTL. Just using that well-known phrase to emphasise a point the house prices are very dependent upon the money available in the system (imo).

Demand for credit from creditworthy risks, appetite to lend, public and private debts, jobs and pay levels. These factors outweigh population growth for impact on house prices I would have thought.

"It's the economy, stupid" was a phrase in American politics widely used during Bill Clinton's successful 1992 presidential campaign against George H. W. Bush. For a time, Bush was considered unbeatable because of foreign policy developments such as the end of the Cold War and the Persian Gulf War. The phrase, coined by Clinton campaign strategist James Carville, refers to the notion that Clinton was a better choice because Bush had not adequately addressed the economy, which had recently undergone a recession.

IveSeenTheLight

dopester wrote: »

I wasn't calling you stupid ISTL. Just using that well-known phrase to emphasise a point the house prices are very dependent upon the money available in the system (imo).

Demand for credit from creditworthy risks, appetite to lend, public and private debts, jobs and pay levels. These factors outweigh population growth for impact on house prices I would have thought.

I didn't think you were calling me stupid.
I questioned why you took my post and inferred I related it to HPI when I had not.

It seem's a reactionary thing that you saw an increase in demand and linked it to HPI.

Of course available finance will be a factor, but then my definition of demand is (desire and affordability) and not as some believe just the desire.

chucknorris

treliac wrote: »

And with the quality of a lot of new builds, would you want one anyway?

Not me, I much prefer 'period' properties usually victorian although my current property is an early 30's house. Unless of course I ever get around to self building, but in Surrey it's almost impossible to get a decent plot of land at a price that represents good value.

lostinrates

chucknorris wrote: »

Not me, I much prefer 'period' properties usually victorian although my current property is an early 30's house. Unless of course I ever get around to self building, but in Surrey it's almost impossible to get a decent plot of land at a price that represents good value.

I suppose it depends what you call good value what you are going to build. We got details by email but didn't visit a super plot near Dorking, but IIRC just over into W.Sussex. didn't suit us as not enough land, but would have made someone not keeping a menagerie, just a couple of ponies or something a beautiful home.