"Housing Market Slumps"

ukcarper

GreatApe wrote: »

I am not sure that is evidence for what you think it is

my first job out of university was in Redcar which was 150 miles away, a graduate training program at an engineering company. There were about a dozen of us from all over the country and notably none of us where from the local area. So would it make sense for that engineering company to say something like ....our company goes to London and holds recruitment events, such is the difficulty in recruiting?

No I dont think so, the fact that companies recruit far and wide is just a fact of the modern world.


Going further im not sure you can get a shortage of anything in a capitalist free market society. Surely the price just moves to balance supply and demand.

I think the fact that you think the balance of supply and demands eliminates shortage says a lot.

Windofchange

So, despite being shown plenty of evidence that there actually is a shortage of nurses (I can find doctors and other allied health professionals too if you want), you won't just say yup I'm wrong on this one? It must be great to be you and always be right.

It is waaaaayyy too simplistic to say that London is growing therefore everything must be fine. It's akin to the argument that house prices are growing so therefore everything is fine, or the sale of new cars is growing therefore everything must be fine. There is always another side to the story.

GreatApe

Windofchange wrote: »

So, despite being shown plenty of evidence that there actually is a shortage of nurses

really what evidence has been shown?
one poster on a forum says his hospital needs to recruit in Ireland is plenty of evidence?

you won't just say yup I'm wrong on this one? It must be great to be you and always be right.

I did not make a judgement on the shortgage of nurses or not, what I did say was that if there was a shortage of vital staff then London would adjust but since its population seems to be growing by 100,000 a year then people are happy to be there and go there so the shortages if they exist are not a deterant

It is waaaaayyy too simplistic to say that London is growing therefore everything must be fine.

I did not say everything must be fine, I said if London is growing then the people of London do not seem to see these shortages, if they exist at all, as a problem

It's akin to the argument that house prices are growing so therefore everything is fine

and it would be a fairly good argument, people have been crying about London that things are unsustainable and a bubble and about to crash for at least 15-20 years as evidenced on forums on the internet.

house prices are set by the local economy, the local economy is not dictated by local house prices.

GreatApe

ukcarper wrote: »

I think the fact that you think the balance of supply and demands eliminates shortage says a lot.

I said the price moves to allow demand and supply to balance out.
I suspect most people accept that as fact for goods products commodities so why not services?

ukcarper

GreatApe wrote: »

I said the price moves to allow demand and supply to balance out.
I suspect most people accept that as fact for goods products commodities so why not services?

Quote " l'm not sure you can get a shortage" which is obviously nonsense.

BikingBud

GreatApe wrote: »

You do talk a lot of nonsense

Social homes are cheap. If you can buy a house with a mortgage and pay less than it would cost to rent the social home then clearly the purchased house is also cheap

By the way I did a table which showed the cheapest region was 9% of joint full time median take home and the 8th cheapest was 15% of joint full time median income.

So as I keep saying 8 regions are very cheap they cost less than the social stock. they cost far less than 30% of a couple on full time median incomes earn in those regions

So you made some figures up, where's the provenance in that?

GreatApe

BikingBud wrote: »

So you made some figures up, where's the provenance in that?

Why dont you do the figures and post it here?

My figures were not made up and were not even my figures they were the ONS figures and the Land registry figures and they show that 8 of the UK regions are not only affordable but that they are cheaper than even social housing which is surely the benchmark for cheap

BikingBud

GreatApe wrote: »

I said the price moves to allow demand and supply to balance out.
I suspect most people accept that as fact for goods products commodities so why not services?

So is a house; goods, a product, a commodity or a service and not a home?

Windofchange

GreatApe wrote: »

really what evidence has been shown?
one poster on a forum says his hospital needs to recruit in Ireland is plenty of evidence?

It just goes to show how little attention you pay to anything that doesn't agree with your rose tinted view of the world. I just posted a link to a BBC article from last year stating that we are 10,000 nurses short in London, and it didn't even register. This is why people on this thread are growing so tired of you. You just state some made up nonsense and then when someone replies with a fact you just ignore it because it doesn't agree with your viewpoint. Notice it isn't just me who is calling you out on this.

Before you go on about trying to sell newspapers etc, it is based on figures from the royal college of nursing. So, when you say that there is no shortage you are wrong. Not that you'll admit that of course, but there you go.

GreatApe

BikingBud wrote: »

So is a house; goods, a product, a commodity or a service and not a home?

I don't know and I don't care. Houses aren't bought with feelings or emotions. houses are mostly sold to the highest bidder and that is the clearing price

That you don't understand or accept the current clearing price is your problem.

If you want a bunch of folk to feed your confirmation bias may I suggest hpc.co.uk but be warned they have been calling it a bubble about to crash for at least 15 years. Good luck to you if you keep this mindset up your surely going to need it