Debate House Prices


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The 2015 HAMISH MCTAVISH Predictions Thread

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Comments

  • I predict that " Crashy Time " will continuously post about how Edinburgh house prices have actually dropped yoy since he started to rent, and in fact his rent has actually dropped 906% to £37 pcm in 2015.......

    "Squeaky" will once again prove virtually everyone wrong with his razor sharp analytical skills using only the tools of rightmove and property bee, "Squeaky" will demonstrate how the property crash has befallen the HPI addicts based on 2 asking prices on 1 street in Harringay....... 2015 THE YEAR OF THE HPC CREW :T
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    - House prices +8 to +10%
    - Base rate stays 0.5%
    - Unemployment keeps falling to +/- 5%
    - Labour - Lib Dem coalition. Cameron fired. Teresa May becomes conservative leader.
    - ukip gets a handful of MP's, but implodes after election. Douglas Carswell leaves the party.
    - Trouble in Moldova with Russian seperatists.
    - Alonso wins F1 title with McLaren.
    Don't blame me, I voted Remain.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    CLAPTON wrote: »
    extrapolation of incorrect hypotheses always shows that armageddon is nearly upon us.

    we don't provide unlimited health care now (free or otherwise) and there are absolutely no plans to do so from any of the major parties.

    nobody, except ex-pats, believe that the people of the UK think that the NHS is 'free' : they all know it's paid from taxation.

    there is about zero chance of the UK going bankrupt because of the NHS.

    I've been told at least once on this board that the NHS is free because someone else pays.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Generali wrote: »
    I've been told at least once on this board that the NHS is free because someone else pays.

    an unwise basis from which to extrapolate armageddon
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    CLAPTON wrote: »
    an unwise basis from which to extrapolate armageddon

    I never said anything about armageddon, I said that the UK will go bust if it keeps trying to provide all health care without charge.

    The unfunded liabilities of the UK are huge and unaffordable. The NHS commitment is a large part of that.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Generali wrote: »
    I never said anything about armageddon, I said that the UK will go bust if it keeps trying to provide all health care without charge.

    The unfunded liabilities of the UK are huge and unaffordable. The NHS commitment is a large part of that.

    going bust is an ill defined term when referring to countries that can print their own money

    the future requirements for goods and service and a nations ability to provide these has little to do with whether they are 'funded' in advance or not.
    Certainly 'unfunded' commitments have certain political implications about (higher) levels of taxation whilst funded schemes suppress income levels.
    To the extent that foreign assets are build up during the present, there is scope to transfer future goods and services from foreigners to the UK.
    On this basis I assume you are concerned about the UK unfunded future commitments to import essentials like food and fuel due to it's population growth with no causal link to higher exports.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Generali wrote: »
    I never said anything about armageddon, I said that the UK will go bust if it keeps trying to provide all health care without charge.

    The unfunded liabilities of the UK are huge and unaffordable. The NHS commitment is a large part of that.

    I do not see the difference between taxing income as a means of generating the revenue for healthcare and requiring citizens to directly fund their healthcare other than the fact it is less affordable to do the latter than the former.

    The NHS is not "without charge", nor is it an unfunded liability. It is like most other services funded by the individual's ability to pay.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    24 The telecommunications networks of a major western power goes off line for 48 hours following a cyber attack by an anarchist group based in Asia. This prevents all financial transactions taking place. A UK Government minister denies that it could happen here.

    25 The new coalition announces an urgent review of the benefits of HS2 following revelations that it will cost £20bn more than originally forecast. UKIP's transport spokesman comments that the previous cost benefit analysis did not give enough weight to the use of HS2 by Balkan criminals fleeing justice.

    26 During the General Election the Major Projects Authority 2014-15 report is issued. The Universal Credit Project's confidence indicator is changed from "reset" to "successful". A footnote explains that this new category means that UC now has a viable reset plan which will be published in due course.
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Predicting in an election year is like the classic 'game of 2 halves'.

    Before the election it will all be about growing economy; things on the up; record numbers in employment; etc.

    After the election, regardless of who wins, the tone and sentiment will change. It will all be out more tough medicine; need for cutbacks etc.

    On a positive note I think private sector wages will grow compared to the public sector. Hopefully, this will encourage the more enterprising types to invest their future in the private sector.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    edited 3 January 2015 at 7:13PM
    BobQ wrote: »
    I do not see the difference between taxing income as a means of generating the revenue for healthcare and requiring citizens to directly fund their healthcare other than the fact it is less affordable to do the latter than the former.

    The NHS is not "without charge", nor is it an unfunded liability.

    The NHS is almost entirely uncharged. Users pay prescription charges which bear no resemblance to the cost of the drugs used. Apart from that the only cost I've come across is time.

    If you agree that there is an ongoing promise in that all political parties have made a commitment that the NHS will remain 'free at the point of delivery' then that will have to be paid for in future in some way.

    A promise to pay money in future is a liability. Either there is an asset somewhere which can be used to pay that liability (e.g. a pot of money or a fund of some sort) or there isn't. I am not aware of any sort of asset that is available to fund the liability that is the future cost of the NHS and so that is an unfunded liability.

    I'd be very happy to understand that my sister's and niece's healthcare can be paid for from a pot of money I have never heard of. If that cash doesn't exist then the future liabilities are unfunded and I fear that my sister or perhaps her daughter will potentially face a life without the NHS having been unable to save for their own futures due to the very high taxes being paid to support a welfare state that is unlikely to be affordable in its current configuration.


    It is like most other services funded by the individual's ability to pay.

    Which NHS are we discussing here? If it's the UK's National Health Service you are wrong.
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