Brexit, the economy and house prices (Part 3)

kabayiri

TrickyTree83 wrote: »

No really, it doesn't matter.

It's like arguing over how WW1 or WW2 started, it's happened and there's nothing anyone can do to change that. The focus should be on building a better future and what the immediate future might entail.

One word : focus.

We need to focus on what we are good at, and stuff the other bits.

I'm not interested in cheap labour to support the frankly rubbish companies out there, and there are plenty.

They either innovate and improve productivity, or go to the wall.

We are not a charity for the impoverished of Europe, like some here seem to think.

cogito

CKhalvashi wrote: »

And then, at a time the NHS is struggling to cope in more areas than nursing (although it is the main one, granted) largely due to an aging population, we have the MP for Harlow (which has a hospital with a bad reputation) rejoicing how we're saving money by scrapping bursaries, whilst paying R&R to the staff they have solely to keep them (ok, he kept that part quiet although from conversations with staff both at that hospital and others, R&R are being paid almost routinely in many more circumstances than in 2010).

I'm gathering from the debate in question paired with my knowledge at least of what is happening locally that cost cutting could be actually increasing costs.

I haven't gone fully Labour towards a belief that university education should be free, however I believe in the Lib Dem 2010 policy of keeping tuition fees around the £3k mark. A theoretical CK government would also bring back bursaries for the NHS (subject to a minimum employment period following qualification) and look at introducing bursaries for other shortage sectors with conditions attached.

We do need a strategy and while it's too late tonight to come up with anything other than the above, remind me at a time my brain is fully functioning and I will happily come up with a rough plan for debate purposes.

But why should the taxpayer have to fund a someone doing a cultural studies degree at Luton? What value is there in that to the country as a whole or even to the student?

kabayiri

Arklight wrote: »

....
Do you seriously believe the Polish want to be run by Russia again? They are well aware of what being a member of a club you have no say in is like.
...

That is Poland's problem. Not ours.

If they want good, long term, relations with the UK, then the next 18 months of negotiations will prove it.

If not, then we protect our own. Simple really.

GreatApe

cogito wrote: »

But why should the taxpayer have to fund a someone doing a cultural studies degree at Luton? What value is there in that to the country as a whole or even to the student?

The problem with the system is that its so big so entrenched and so many people depend on their work and income from the current system that its not going to change and certainly not quickly. At best a 30 year plan to wind down universities could be proposed and even that would !!!! off a million plus voters

Its best to never get into these situations in the first place. Same with the idea of nationalizing the railways or power companies its a stupid idea it turns sectors into the economy into political matches

My view is the top 10 universities should be forced to give out degrees to everyone who sits and passes their exams and that the students should be able to sit each paper for no more than £100 which will cover the marking of the paper and some admin. So a course like Physics might have 20 papers and the cost of going to the exams would be £2000. Want a degree from oxford then its not going to cost you any more than £2000 sit in your parents home grind though a 3 year course in 2 years and there you go a 1st from oxford for £2k

Education is going to end up like that, the uk universities have no choice of course they would fight it tooth and nail but they are stupid to do that. Might as well be in the first few to do it get it right and survive


Also perhaps university degrees should be split up into 3 levels. Each year is a certificate and the norm shouldn't be for a 3 year degree but perhaps the first year will be sufficient for employers so long as the candidate got a mark in the top 1/3rd

GreatApe

kabayiri wrote: »

One word : focus.

We need to focus on what we are good at, and stuff the other bits.

I'm not interested in cheap labour to support the frankly rubbish companies out there, and there are plenty.

They either innovate and improve productivity, or go to the wall.

We are not a charity for the impoverished of Europe, like some here seem to think.

productivity happens anyway, lots of it is global
for example a massive productivity boost coming down the road is self drive cars which will probably be developed in america but will be deployed globally.

migrants make the locals more productive, if we want no migrants we need to accept we will have to work longer ourselves as our population ages even faster without them. So the honest answer might be have high migration and keep the retirement age at 66 or have no migration and up that to 68

shaggydoo

Hi

Can anyone help me please?

My niece is British. She lives in Oslo with her Norwegian boyfriend and Norwegian son. They are not married. She was living there before 28th June 2016.

Norway does not allow dual nationality.

What is her situation under current proposals?

Thanks.

setmefree2

Asking prices for London homes record biggest falls this decade

Average drops are biggest in Kensington and Chelsea at £300,000, but prices are up £58,000 in Southwark, says Rightmove

Asking prices for homes in London have recorded their biggest annual fall so far this decade and have dropped on average by £18,000 in the space of just a month, the property site Rightmove said on Monday.

A spokesman said its updated methodology went back to 2010, and the annual fall of 3.2% for London was the largest drop so far this decade. The monthly fall in the capital is the largest since December 2016.

Rightmove said the average UK asking price for a home fell by 1.2%, or £3,660, over the past month to £310,000. This is the first fall recorded at this time of year since 2013. The website said, however, that the national average fall had been exacerbated by a 2.9% monthly drop in London, which it described as both large and unusual. Most of the rest of the country experienced smaller monthly falls or – in the case of north-east England, Yorkshire and Humberside and the east Midlands – small rises.

The typical price of property coming to market in London has slipped to £610,912, down £18,358 on August’s figure of £629,270. Rightmove said the fall had pushed the annual rate for the capital well into negative territory, and that it now stood at -3.2%, the largest year-on-year decrease so far this decade.

So this is why Kensington voted for Labour

The figures disguise wide variations in the fortunes of the capital’s boroughs. The table of the biggest movers was topped by the UK’s most expensive place to buy a home, in Kensington and Chelsea. The royal borough is now a little more affordable because the typical asking price for a newly-marketed home there currently stands at £1.8m, compared with the £2.1m that a typical new seller was asking for in August. That is a reduction of £308,000 in a month.

For the Many not the Few!!!!!

https://www.theguardian.com/money/2017/sep/18/asking-price-house-london-fall-kensington-chelsea

Conrad

Prices are too high compared with mortgage availability. B2L is now considerably harder to obtain due to tax changes with the knock-on effect to affordability.


I said a year ago when these tax changes were announced this would happen.


I just completed on a place that would have required 25% down, but ended up needing over 35% + massive stamp duty.

setmefree2

Is a UK house price crash coming? The majority of people think so, survey finds

http://www.cityam.com/272161/uk-house-price-crash-coming-majority-people-think-so-survey

Conrad

And further restrictions are coming;


http://www.telegraph.co.uk/investing/buy-to-let/buy-to-let-lending-squeeze-banks-wont-lend/


September 2017 • 2:09pm
Stringent new rules for mortgage lending to buy-to-let investors with multiple properties could mean that some can no longer borrow to fund their business, Telegraph Money research has found.