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Debate House Prices
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If we vote for Brexit what happens
Comments
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mrlegend123 wrote: »Government, Bankers and House Builders. Britain is broken beyond repair. It is only going to get worse.0
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Explain how ,I don't like many of the things Government or bankers have done but I don't think they are screwing the young as for builders I don't think they are behaving any differently to how they behaved in the past.
To put it simple, bankers are gambling on house prices. House builders and the Government are in it together by reducing housing supply to create wealth on the expense of the younger generation. The younger generation are officially now worse off than the older generation in regards to housing, pensions, jobs security etc. The pyramid scheme will collapse if we don't invest in the younger generation.
We should be building at least 300,000 houses per year. At the moment, we are only building enough houses to house the incoming foreign born via the rental market.
Hopefully there will be tougher restrictions in place on foreign born in regards to living in the UK such as a social security insurance and a minimum income standard (applies to all new entrants).This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
mrlegend123 wrote: »To put it simple, bankers are gambling on house prices. House builders and the Government are in it together by reducing housing supply to create wealth on the expense of the younger generation. The younger generation are officially now worse off than the older generation in regards to housing, pensions, jobs security etc.
We should be building at least 300,000 houses per year. At the moment, we are only building enough houses to house the incoming foreign born via the rental market.
imo policy won't change significantly until 'the young' are seen as important electorally as the old.
Also this government aren't really into improving productivity or capital investment, unless it involves financial services...0 -
mrlegend123 wrote: »To put it simple, bankers are gambling on house prices. House builders and the Government are in it together by reducing housing supply to create wealth on the expense of the younger generation. The younger generation are officially now worse off than the older generation in regards to housing, pensions, jobs security etc.
We should be building at least 300,000 houses per year. At the moment, we are only building enough houses to house the incoming foreign born via the rental market.
As for the younger generation are worse of time will tell.0 -
No what amuses me is that you scour the media for any article that may support your view and ignore any facts that don't. Also that you in particular seem to be hoping for a financial disaster which would ruin the lives of most people in the country.
Scour? :rotfl: The media is full of negative property stories these days, the sort of stuff that years ago only got discussed on the HPC website. Times have changed, keep up!0 -
The Government does not care about it's own people. They are happy to reduce house building during a housing crisis - !!!!!!.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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I know it sounds harsh, but we need to apply tougher restrictions on the new incoming foreign born in regards to housing and foreign property investment. We need to put British Citizens first - No I'm not racist.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0
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mrlegend123 wrote: »The Government does not care about it's own people. They are happy to reduce house building during a housing crisis - !!!!!!.
That's not entirely true though is it, the government doesn't really build houses, builders do.
Indeed through schemes like Help to Buy they have helped support demand for new builds and indirectly supported the builders as a result.
You can obviously argue that maybe the government should be getting involved actively in the market themselves, but that is a separate debate altogether, lets not make out that they have suddenly started deliberately suppressing building now.
Equally lets not make out that we have a nationwide housing crisis either, in a lot of areas of the country that isn't the experience, its much more predominant in areas of high demand where it is obviously tough to build new houses at a quick enough rate to boost the supply.0 -
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setmefree2 wrote: »But Remain lost - so, as I see it, you can chose to be positive - or you can chose to be negative. I guess you've chosen the later. How long are you going to keep that mind set up?
We're simply debating the post-brexit recession you correctly forecasted before the vote.setmefree2 wrote: »I am a realist.
I do believe there will 100% be a recession if we vote Leave.setmefree2 wrote: »The Thread is Called "What Happens When We Brexit?"
The answer is "We go into Recession."Don't blame me, I voted Remain.0
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