Bishop Bashes Boomers

JencParker

CLAPTON wrote: »

Demand will be increased if the price is lower: NOTHING to do with private or public supply.

Obviously, the supply can be infinite if the state is willing to apply unlimited taxes to meet their mad targets: this may find some opposition from normal reasonable people.

And why would demand increase if the price was lower?

I suspect your definition of 'reasonable' people and my definition of 'reasonable' people will differ somewhat.

CLAPTON

JencParker wrote: »

And why would demand increase if the price was lower?

I suspect your definition of 'reasonable' people and my definition of 'reasonable' people will differ somewhat.

Are you seriously asking me why demand increases if the price is lower?

Think about it : have you ever ever ever not bought something because it was too expensive?

I can only hope you have had a drink or two and will think more clearly in the morning but clearly there is no point in continuing this discussion this evening.

Percy1983

CLAPTON wrote: »

It that so?

so lets say a three bed flat share is sold.

do you really think that three people will buy it?

My experience is that most people move from modest rental accommodation to larger units when they buy so the supply is reduced.

What's your experience?

What a hair to split...

If its 3 flats surely 3 people would move in?

If converted to a 3 bedroom house a family will move in, leaving a family home elsewhere.

How about the 3 bed house with a single person renting, what happens then?

As said the figures won't change all that much.

Here is an interesting idea if rental controls where in some landlords may make a small loss each month, so what they will have a free house eventually.

CLAPTON

Percy1983 wrote: »

What a hair to split...

If its 3 flats surely 3 people would move in?

If converted to a 3 bedroom house a family will move in, leaving a family home elsewhere.

How about the 3 bed house with a single person renting, what happens then?

As said the figures won't change all that much.

Here is an interesting idea if rental controls where in some landlords may make a small loss each month, so what they will have a free house eventually.

My example was a flat SHARE:

that is a situation where is is one flat with a kitchen and a bathroom and lounge and three bedrooms with three friends living there or in some cases three couples.

If such a flat was sold to a owner occupier then it might be sold to a single person or a couple setting up home or maybe a family.

On average my experience is that when people buy a property as owner occupiers thatthey 'upgrade' their living situation so there would be a net reduction is levels of occupancy so reducing effective supply.


What have your personal experiences been?

JencParker

CLAPTON wrote: »

Are you seriously asking me why demand increases if the price is lower?

Think about it : have you ever ever ever not bought something because it was too expensive?

I can only hope you have had a drink or two and will think more clearly in the morning but clearly there is no point in continuing this discussion this evening.

No, not seriously - just wanted to confirm what I thought YOUR explanation would be.

Percy1983

CLAPTON wrote: »

My example was a flat SHARE:

that is a situation where is is one flat with a kitchen and a bathroom and lounge and three bedrooms with three friends living there or in some cases three couples.

If such a flat was sold to a owner occupier then it might be sold to a single person or a couple setting up home or maybe a family.

On average my experience is that when people buy a property as owner occupiers thatthey 'upgrade' their living situation so there would be a net reduction is levels of occupancy so reducing effective supply.


What have your personal experiences been?

From all the rental properties I have seen go up for sale they have gone from a family to a family.

Yes there maybe some reductions in occupancy in a small number of cases but in the majority cases the displacement would be one to one.

CLAPTON

JencParker wrote: »

No, not seriously - just wanted to confirm what I thought YOUR explanation would be.

does that mean YOUR explanation is different?

CLAPTON

Percy1983 wrote: »

From all the rental properties I have seen go up for sale they have gone from a family to a family.

Yes there maybe some reductions in occupancy in a small number of cases but in the majority cases the displacement would be one to one.

well that's amazing

but nevertheless you accept that suppy is reduced even if by a small amount

JencParker

CLAPTON wrote: »

does that mean YOUR explanation is different?

No, it shows your explanations are based solely on financial considerations. As this thread was concerned with a member of the church trying to point out the inequalities of our current society (not entirely correctly imo, although highlighting them is needed), it shows no opinions based on capitalism/supply and demand/profit making etc, will ever agree with those who are trying to speak up for all within society.

CLAPTON

JencParker wrote: »

No, it shows your explanations are based solely on financial considerations. As this thread was concerned with a member of the church trying to point out the inequalities of our current society (not entirely correctly imo, although highlighting them is needed), it shows no opinions based on capitalism/supply and demand/profit making etc, will ever agree with those who are trying to speak up for all within society.

The best way to help the poor and needy is to recognise how people actually behavoir in real situations and what their actual aspirations really are. (teach a man to fish rather than give him one)

So the way to hell is paved with good intentions.

I'm sure Housing Benefit was well intended but the inevitable totally predictable result (based on human nature .. what you would call capitalism/supply demand/profit making) was to inflate house prices, provide mssive windfalls to landlords, and help price ordinary people out of the housing market.

Now you may feel that is a price worth paying so an unemployed person can live in a westminster flat costing the tax payers over £100,000 per year.

Many of us feel there are better ways of helping the poor.

And it's likely that every single day of the week you make a decision based on price so allowing the invisible hand to control your life.