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Bishop Bashes Boomers
Comments
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IveSeenTheLight wrote: »We'll thats an IF that was never planned for
Surprising that it wasn't really but the impacts of political decisions rarely are."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
shortchanged wrote: »http://en.wikipedia.org/wiki/Demographics_of_London
This is an interesting chart Conrad that shows that the population of Greater London is barely any higher now than it was in 1951. What is noticeable is that the population of central London has fallen quite a lot over the past few decades.
The increase across England and Wales is 3.6m over last decade.
I'm pretty confident more property supply will draw in more people.
20 years from now we'll still be saying things will improve if only we could build still more homes.
If your mate in Somalia started sending you Facebook pics of his shiny new flat, perhaps subsidised in one way or another, and you had nothing, it would be a very tempting draw and thus the demand for property continues.0 -
The increase across England and Wales is 3.6m over last decade.
I'm pretty confident more property supply will draw in more people.
20 years from now we'll still be saying things will improve if only we could build still more homes.
If your mate in Somalia started sending you Facebook pics of his shiny new flat, perhaps subsidised in one way or another, and you had nothing, it would be a very tempting draw and thus the demand for property continues.
So the solution is to start knocking houses down?
How about we build more and close our borders?Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
Is that what's happening in Ireland?
What is the mass draw to Ireland?
Apart from being a tax haven, stag/hen party haven and incredibly beautiful in it's wilder parts?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
So the solution is to start knocking houses down?
A scrappage scheme you mean, to stimulate the construction of new and more energy efficient houses?This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
jenc - when the Financial Services Authority tightened mortgage rules, I predicted on this very site that this would lead to millions being denied a mortgage and that the winners would be the landlords. I've had a number of perfectly decent capable would be mortgagees declined this very week all thanks to seriously deficient regulation that forces lenders to decline or risk one day being sued.
A classic example of big Gov't regulation producing very unfair outcomes.
The unfair outcomes was the loosening of regulation that enabled borrowers to borrow more, so they were able to pay more for houses and thus fuelling the house price inflation and the bubble that led us into the recession.
There's very little that's fair at the moment. Money has become a commodity and everyone wants a piece of the pie.0 -
jenc - when the Financial Services Authority tightened mortgage rules, I predicted on this very site that this would lead to millions being denied a mortgage and that the winners would be the landlords. I've had a number of perfectly decent capable would be mortgagees declined this very week all thanks to seriously deficient regulation that forces lenders to decline or risk one day being sued.
A classic example of big Gov't regulation producing very unfair outcomes.
Game still very much in play. As interest rates rise 2%, 3% 4% let's see how the average landlord fares. Plenty of other economic factors to consider as well. The UK has some way to go before solving the problems in hand.0 -
"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Thrugelmir wrote: »As interest rates rise 2%, 3% 4% let's see how the average landlord fares.
A few queries / points: -- When do you envisage rates will increase by 2%, 3%, 4%?
- How much has the average landlord saved with the reduction of rates?
- How much has the average rent increased in the period so far?
- If the average landlord could service a BTL mortgage when rates were higher, rents have sinces increased, LL's have seen increased profits as a result of the lower rates, why do you envisage that there will be an issue when rates return to the previously profitable rate?
- What is the default rate on BTL's?
- What is the likely movement in rents up to and including the point when rates increased?
I look forward to your response but envisage a more likely lack of response to the points above:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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