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Debate House Prices


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Leaving your own interests to one side, can you answer this?

2

Comments

  • As somebody above said, the shocking fact there are so many empty houses laying dormant in this country is a sad indictment of society. The levels of homeless people trying to survive on the streets while whole roads are left to rot is disgraceful.

    Whilst this will not save the economic strife, surely small measures can work towards the greater good?!
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    abaxas wrote: »
    Genocide of lazy people/chavs/oap/anyone with a pension would be the best option.

    Not sure it's the preferred option yet.

    Could you add people who are jealous of their parents to that list ;)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Generali wrote: »
    The best I've managed to come up with so far is systematic debt forgiveness. By necessity that would include writing off a chunk of peoples' savings as one man's savings are another man's debts. It's safe to say that it isn't very popular round these parts.
    ...

    I suspect our American cousins would rather do this sooner, whilst they have more Aircraft carriers than China.

    I'd push for an autocratic state for a decade, with no political left or right in this country.

    Changes in government every 5 years will not help to counter the short termism nature of political policy. Some of the intiatives GB introduced towards the end of the Labour tenure will basically electoral bribes.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Generali wrote: »
    The best I've managed to come up with so far is systematic debt forgiveness. By necessity that would include writing off a chunk of peoples' savings as one man's savings are another man's debts. It's safe to say that it isn't very popular round these parts.

    TBH I suspect it will happen anyway, one way or another. If the Greeks and Icelandic people can walk away from their debts and get away with it, what Government would insist on paying her creditors?


    how extensive do you think the write offs would need to be
    and to what extent would ordinary savers be directly affected
    EU tariff on agricultual product 12.2%
    some dairy products 42.1% cloths 11.4%
    EU Clinical Trials Directive stops medical advances
  • geneer
    geneer Posts: 4,220 Forumite
    Its going to be painful. One can only hope that we might come out of it with a better, fairer, more sustainable system.
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Niv wrote: »
    How about sell off Scotland to the highest bidder? They want to !!!!!! off anyway ;-P


    Disagree. We should keep Scotland until the oil runs out. What we need to do is dump Wales and Northern Ireland. They're just a pair if parasites.
  • movilogo
    movilogo Posts: 3,238 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    can anyone actually come up with a proper solution to our current economic crisis

    Don't think anybody can. Even if I come up with a proper solution, who would listen to me?

    My solutions are:

    Stop printing any more money
    Stop credit for all but most essential things (e.g. house mortgage, business loans etc. - but no 100% mortgage or buy now pay 3 years later thing)
    Teach people not to buy things they don't need with money they don't have to impress people they don't like

    :)
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • Mallotum_X
    Mallotum_X Posts: 2,591 Forumite
    Part of the Furniture Combo Breaker
    Even the word solution is up for debate, for some a solution would be property being more fairly distibuted, for others its a maintenance of the status quo.

    Assuming we want to avoid any major melt down then this long slow drawn out approach seems to be the safest. Allow debt to be paid down and eventually eroded by inflation. Property prices to hold pretty much in £ terms but fall over a longer period in real terms. Makes them more affordable for new entrants but doesnt wipe out the banks or mortgage holders.

    Allows the rich to move funds into whatever they want to do to maintain wealth and makes the likes of sibley and co happy as prices dont crash.

    Trouble is whilst it avoids a big meltdown it also !!!!!!s up the economy for quite a long time - Japan is an example of where we may be heading.
  • janealb
    janealb Posts: 14 Forumite
    I see the general attitude here is not very optimistic and to be honest I share the general opinion. Would really like to be an optimist but in this situation I find it hard!
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    We all have our own VI's, but leaving them to one side, and whether is helps or hurts your own personal situation, can anyone actually come up with a proper solution to our current economic crisis?

    There are many on here who try to sway these debates, but has anyone actually got a detailed or mature response to resolving this mess and to getting the country back on track again?

    thoughts...?

    good luck!......

    Radical

    Hardcore

    Socialism.

    I am talking massive reallocation of assets from the parasitical over-class back to the workers.

    An extra bank holiday in June.

    Increased tractor output by 77%

    Every Aberdeen based landlord forced to give up their BTLs and live in a re-education commune

    Boomers to hand over their spare bedrooms to the homeless

    Company head's pay to be pegged at no more than 4 times the lowest paid employee

    That would be a start.
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