Is ignorance the cause of high house prices?

economic

GreatApe wrote: »

I was having a think about house prices and one of the reason why prices have been increasing over the past 5 years is that the employment rate has grown faster than the number of households.

What this means in practice is that there are more 2 worker households than there were five years ago. That is a massive difference in earnings. It is also one of the reasons why just looking at earnings is not the full picture. The left cry that real earnings are down 1% compared to the peak quarter of the last bubble in 2007.

OK that might be true earnings are down marginally vs the peak of the last bubble but a household that went from one earner earning 100% to two earners earning 99% each is a lot better off now.

The UK economy has been doing well over the last five years.
If the brexit vote hadn't happened we would be booming right now
But even that will work itself out in a year or two.

As I keep saying things are going well.
We have high wages full employment lots of opportunity and freedom
Viva LA free market capatilism. It even makes its biggest detractors rich.

Just look at the stock market. It is telling you there is a uk and a global economic recovery/growth going on. The real question becomes how long will it last in the current economic expansion?

michaels

Cakeguts wrote: »

Not as horribly wrong as it did just after the last ice age. Then it fluctuated by rising around 7 to 10 degrees C over only about 20 years and then slowly reducing over the next 100 or so before doing it again. Not caused by humans. There weren't enough of them.

Lots of people don't know that the earth can raise temperatures on its own without any human help.
They tend to think it only gets hotter when humans cause it but that isn't the case.

Climate change may not be anything to do with human activities. No one can prove that it is when you know about the huge temperature fluctuations at the end of the last ice age. It has made me think that there is a lot of money in carbon trading and the like. It is very difficult to know what is actually going on because of the number of vested interests.

Great, when the climate change enough that we die a horrible death from starvation, polluted air etc etc we can take comfort in the fact that it may not have been caused by human activity.

That historical record you are so fond of no doubt also reveals the mass extinctions that followed such a rapid climate switch.

GreatApe

michaels wrote: »

Great, when the climate change enough that we die a horrible death from starvation, polluted air etc etc we can take comfort in the fact that it may not have been caused by human activity.

That historical record you are so fond of no doubt also reveals the mass extinctions that followed such a rapid climate switch.

Does anyone know what the best temperature is for the planet?
If there is such a temperature do you not think it in our capacity to reach that temperature by manipulating the amount of sunshine that is reflected back out to space?

The global warming fanatics are on the whole lefties who hate business and see global warming as a way to beat the big corporations and as a way to virtue signal.

I bet you if someone proposed covering a 1000km x 1000km area of the desert with mirrors to reflect heat out the same hippies would find something to cry about and stop it. Such an endeavor would be technically and economically feasible and would have a peak heat reflected out of 1,000TW which is a massive amount of energy close to 100x what all of humanity uses.

If global warming was such a danger we would be trying to counter the warming right now but no we don't do that we just want to subsidise PV panels and close nuclear plants bexuase evil capatilist own nuclear plants and lovely Chinese communists own PV plants.

Cakeguts

michaels wrote: »

Great, when the climate change enough that we die a horrible death from starvation, polluted air etc etc we can take comfort in the fact that it may not have been caused by human activity.

That historical record you are so fond of no doubt also reveals the mass extinctions that followed such a rapid climate switch.

Mass extinctions of what? https://en.wikipedia.org/wiki/Dansgaard%E2%80%93Oeschger_event