Why the bad news for landlords is just beginning

westernpromise

This is fun.

http://www.standard.co.uk/news/london/sealed-bids-and-gazumping-return-to-central-london-in-boost-for-property-market-a3491341.html

Sealed bids and gazumping return to central London in boost for property market

Sealed bids and gazumping have returned to central London in a remarkable spring revival of a market in “deep freeze” for two years.

Buying agents said the number of clients looking for “Brexit bargains” in areas such as Knightsbridge and Canary Wharf had soared by as much as a third in recent weeks.

Interest is most intense in the sub-£1 million bracket where stamp duty rates are lower, but also in the £3 million to £5 million range, with Chinese buyers particularly keen to invest.

Poor old crashtrolls...

Jack_Johnson_the_acorn

Windofchange wrote: »

It certainly is - this all stems from me suggesting that an average worker should be able to afford more than the cheapest studio in a !!!!!hole of an area, and believe me, having spent 25 years in the vicinity it is. Have I suggested your average person be able to buy in Kensington? Buy a Bugatti? Don't let any of this stop you from winning the internet though hey champ!

You still haven't explained why scarce and in high demand goods should be given away cheaply to the "avg worker".

You don't even understand why I made the comparison to a luxury car....
You live in cloud cuckoo land. Both prime London property and a bugatti are scarce and the demand for both is high. Why should a nurse be able to buy either.

It's not like we're saying nurses dont deserve a home, because they can quite easily rent or buy further out. It really is simple, it took about 10 posts for you to actually comprehend what an avg is, so I don't expect you to understand this post until I reiterate it another 9 times.:D

ukcarper

Jack_Johnson_the_acorn wrote: »

You still haven't explained why scarce and in high demand goods should be given away cheaply to the "avg worker".

You don't even understand why I made the comparison to a luxury car....
You live in cloud cuckoo land. Both prime London property and a bugatti are scarce and the demand for both is high. Why should a nurse be able to buy either.

It's not like we're saying nurses dont deserve a home, because they can quite easily rent or buy further out. It really is simple, it took about 10 posts for you to actually comprehend what an avg is, so I don't expect you to understand this post until I reiterate it another 9 times.:D

But can they afford to rent further out bearing in mind, they will be working shift work and the cost of commuting. I don't think any body is suggesting a nurse should be able to buy in prim London. For a city and society to function properly there needs to be accommodation for all workers, It doesn't mean they have to buy the property but the rent needs to be affordable.

economic

Windofchange wrote: »

It's like your go to line hey. What's that, the fourth time now this week?



Just about sums up your ignorance perfectly, or we could get a real glimpse into your character with:



You're just a bad person fullstop regardless of your opinion on nurses.

if you think im a bad person based on what i said, i hate to think what you think of others worse then me. and believe me there are many many people worse.

you really are a silly old fool. i honestly dont care whether the young/nurses/binmen/average-worker cant afford to buy anymore in london. it they wanted to buy they should have done something about it!!

Thrugelmir

Jack_Johnson_the_acorn wrote: »

It's not like we're saying nurses dont deserve a home, because they can quite easily rent or buy further out.

Being on a national wage scale though. Means that they might as well live and work in Halifax. In some areas recruitment is very difficult. When choosing and applying for promotion at a new hospital. Location must be a factor. Expensive rent or your own home. Easy choice to make.

ukcarper

economic wrote: »

if you think im a bad person based on what i said, i hate to think what you think of others worse then me. and believe me there are many many people worse.

you really are a silly old fool. i honestly dont care whether the young/nurses/binmen/average-worker cant afford to buy anymore in london. it they wanted to buy they should have done something about it!!

I don't know if you are a bad person but your posts make you appear as very selfish and lacking in sympathy.

economic

ukcarper wrote: »

I don't know if you are a bad person but your posts make you appear as very selfish and lacking in sympathy.

wht makes you think that? this isnt a forum to pour our tears out for the poor people who cant afford property. why is it even a problem? it is what it is. theres no entitlement to buy.

oh i am sympathetic. to the terminally ill and poor children in war torn countries.

but nurses - nah. dont care if they cant afford it. they work for me s i am paying their wages through my taxes. i rather have nurses on low wages so my taxes can be spent elsewhere.

GreatApe

Most nurses do a difficult job for not much pay so I have a LOT of respect for them and would not begrudge them a higher wage.

However my values and views of nurses should not set their wages. Just like my/your values and views of other groups should not set the wages for those groups. What they are paid is probably not far off the supply and demand pricing for their labour.

The pricing of labour or the pricing of London homes is an economic question not a moral one. Framing it as a moral question is well just silly


If someone thinks nurses should be paid more then just say it. 'We should pay nurses twice as much and filter for higher quality and the additional £20 billion can be funded by doubling council tax'. That would be a reasonable view and argument and debate. But 'nurses are lovely people with difficult jobs its unjust that they can't buy a terrace house in zone 2' isn't much if anything


Personally I don't think I subscribe to the WP or Economic views that its all down to choice and hard work. We only live one life where chance and fortune play the biggest role. Thus some element of welfare and distribution is warranted. However the overall aim should be to maximise tech and productivity there is only so much you can achieve by taking from WP and giving to his sister.

Life isn't fair but its a hell of a lot better than it was and a hell of a lot better than plausible alternatives

GreatApe

economic wrote: »

wht makes you think that? this isnt a forum to pour our tears out for the poor people who cant afford property. why is it even a problem? it is what it is. theres no entitlement to buy.

oh i am sympathetic. to the terminally ill and poor children in war torn countries.

but nurses - nah. dont care if they cant afford it. they work for me s i am paying their wages through my taxes. i rather have nurses on low wages so my taxes can be spent elsewhere.

I'm sympathetic to low wage earners in rich developed nations. Maybe as much as 1/3rd of our citizens have various problems which means simple arguments of better yourself are not simple or easy for them to do and I suspect many nurses would fall into these groups (for instance many nurses are first generation migrants who have much less opportunity than you or I)

I'd rather we automate healthcare or invent and discover better methods/drugs to help people get better with fewer humans dedicated to the task
Why waste our finite lives driving lorries or wiping sick peoples bums?

Either way don't fall into the trap of debating economic questions as moral questions. The price of a certain car brand is an economic question not a moral one. The price of a certain profession is an economic question not a moral one.

GreatApe

ukcarper wrote: »

I don't know if you are a bad person but your posts make you appear as very selfish and lacking in sympathy.

Sympathy: feelings of pity and sorrow for someone else's misfortune.

What good is it to pity someone
What good is it to feel sorry for someone
What can a nurse do with your sympathy?

Best thing to do is automate away the risky difficult low pay jobs. It was a positive development when the manual coal mining jobs disappeared and it will be a positive when the droids replace the nurses