Yellow jacket freedom fighters spreading to London

AG47

If you ask any random people in the UK if you think there is a housing crisis at the moment and they have to answer yes or no, what percentage would agree with Mobile saver that the housing crisis is now over?

I think you are on your own there mate.

AG47

Yellow jacket rebellion is spreading

https://youtu.be/DbYR9Bb0jxU

The conflict is between the ruling classes the banks and the people is now spreading g from France, to Germany, Sweden, Poland, Netherlands, Belgium and all the way to Canada

And of course London

System

Why are they called "yellow" jackets?
Am I the only person who sees them as light green?

MobileSaver

AG47 wrote: »

If you ask any random people in the UK if you think there is a housing crisis at the moment

Third time of asking... what exactly is the nature of this "housing crisis" which you seem to suggest is the root of all evil?

kabayiri

MobileSaver wrote: »

Third time of asking... what exactly is the nature of this "housing crisis" which you seem to suggest is the root of all evil?

Not enough homes in the right price bracket?

I'm sure I read recently about an upmarket apartment high rise in London where the owners are leaving half of the homes empty, because the demand isn't there.

Maybe there isn't enough return in building and flogging the bread n butter stuff.

It's mostly a London issue anyway. In the NW you don't see these issues. You can find homes at all prices to suit the pocket.

Nasqueron

Sapphire wrote: »

What does 'are sat with' mean, grammatically?

If you are saying that many people born in the 1980s with parents born in the 1950s and '60s are not set to inherit, as a rule, then that is not the case. Those are precisely the people who are (or will be) often inheriting from their parents – i.e. the parents are the generation that is automatically grouped by some as 'rich baby boomers'.

I mean people who have dead parents with an inheritance (presumably a house sale) who could then use it towards a house as implied in the post I quoted. As and when my parents die I and my sister would inherit the house to sell/split but that isn't money in my bank right now. Based on average life expectancy that could well be another 10-15+ years and may involve care homes etc anyway meaning I could well be 50 before I get any sort of inheritance.



Itwasntme implied most millennials will be able to use gifts or inheritances for home purchases and are wealthy - laughable nonsense. The whole problem for millennials is that the boomers had everything on a plate (jobs for life, final salary pensions, retiring at 65 or 60 or even 55) and have since pulled up the ladder. Average house prices are now up to or even over 9 - 10x salary (£27,600 average salary vs around 194k for a terrace, 225k for a semi). Is it any wonder a left wing party like Corbyn's Labour that promises wealth redistribution appeals to people?

ukcarper

Nasqueron wrote: »

I mean people who have dead parents with an inheritance (presumably a house sale) who could then use it towards a house as implied in the post I quoted. As and when my parents die I and my sister would inherit the house to sell/split but that isn't money in my bank right now. Based on average life expectancy that could well be another 10-15+ years and may involve care homes etc anyway meaning I could well be 50 before I get any sort of inheritance.



Itwasntme implied most millennials will be able to use gifts or inheritances for home purchases and are wealthy - laughable nonsense. The whole problem for millennials is that the boomers had everything on a plate (jobs for life, final salary pensions, retiring at 65 or 60 or even 55) and have since pulled up the ladder. Average house prices are now up to or even over 9 - 10x salary (£27,600 average salary vs around 194k for a terrace, 225k for a semi). Is it any wonder a left wing party like Corbyn's Labour that promises wealth redistribution appeals to people?

I agree about inheritance but you last paragraph is complete rubbish.

Cakeguts

Nasqueron wrote: »

I mean people who have dead parents with an inheritance (presumably a house sale) who could then use it towards a house as implied in the post I quoted. As and when my parents die I and my sister would inherit the house to sell/split but that isn't money in my bank right now. Based on average life expectancy that could well be another 10-15+ years and may involve care homes etc anyway meaning I could well be 50 before I get any sort of inheritance.



Itwasntme implied most millennials will be able to use gifts or inheritances for home purchases and are wealthy - laughable nonsense. The whole problem for millennials is that the boomers had everything on a plate (jobs for life, final salary pensions, retiring at 65 or 60 or even 55) and have since pulled up the ladder. Average house prices are now up to or even over 9 - 10x salary (£27,600 average salary vs around 194k for a terrace, 225k for a semi). Is it any wonder a left wing party like Corbyn's Labour that promises wealth redistribution appeals to people?

Has it ever occured to you that the generation before the boomers were around in the war of 39 to 45. They didn't have anything to leave to their children so somewhere in all of this is a generation who worked extremely hard for everything they have. That generation is the one that gave birth to the boomers so boomers didnt inherit much if anything and who are the people moaning now? The ones set to inherity what the boomers worked hard to get. They don't want to work like the boomers did they want to get it all for nothing with no work involved.

Arklight

MobileSaver wrote: »

The number of properties would remain unchanged but if there are no landlords then that's of no help to the majority of the 4 million renters who cannot afford or do not want to buy a property. This just proves how ridiculous your statement that "landlords do nothing" was.



Glad to hear it, so we agree that your statement that "banks do nothing" was also ludicrous...

If 4 million landlords hadn't priced out people who would otherwise be home owners using dodgy geared loans that non investors couldn't access then we wouldn't need quite so many landlords.

Your defence of the rentier economy is passionate though rather misplaced, due to you not knowing what you are talking about, possibly.

Cakeguts

Arklight wrote: »

If 4 million landlords hadn't priced out people who would otherwise be home owners using dodgy geared loans that non investors couldn't access then we wouldn't need quite so many landlords.

Your defence of the rentier economy is passionate though rather misplaced, due to you not knowing what you are talking about, possibly.

What about the landlords who don't have mortgages and the build to rent companies whose properties have never been for sale?