Yellow jacket freedom fighters spreading to London

GreatApe

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.

You so :rotfl:

We already have close to full ownership for all intents and purposes

The only way to have 0% private rental is if you expect 18 year old kids to buy homes

We need about 12% min of the stock as private rental just to allow kids to rent while at university and in their first job.

And not all the private rental market is as you imagine, something like 500,000 private rental homes rent for a sum of £0 or close to £0 often family members buying a house and putting a relative in it for nowt. Minus that, minus recent immigrants and look at uk born and you have more or less close to 100% ownership

Thatcher was a smart woman, she understood that the actual cap on ownership is the social stock. If you want ownership to go up sell down the social stock

But I am sure this will go over your head as it requires basic mathematics and statistics to understand it and 95% of the population dont have that

GreatApe

Nasqueron wrote: »

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?

It appeals to the kids

Once said kids get their promotions and inherited wealth then they become less keen on their previous ideas of tax and spend

This is why the idea of the right wing old dying out and being replaced with the left wing young leading to an ever lasting left wing utopia never seems to happen

The kids grow out of it

In its simplest form, no one can take wealth to the grave.
It has to flow to the young and it does

Something like £200 billion annually flows from the old to the younger ANNUALLY
Once you know about this £200 billion of capital gifted to the young, a lot of things that do not make sense do make sense!

kabayiri

There was a young lady interviewed over the protests last weekend.

She wasn't originally from France I believe, but had lived there for a decent amount of time.

She was a cleaner earning 1,000 Euros per month. What struck me was her commute was 60km !

I'm not surprised she was struggling. Fuel price increases would leave someone like her really exposed.

Was she in the wrong job / wrong location though?

Arklight

GreatApe wrote: »

You so :rotfl:

We already have close to full ownership for all intents and purposes

The only way to have 0% private rental is if you expect 18 year old kids to buy homes

We need about 12% min of the stock as private rental just to allow kids to rent while at university and in their first job.

And not all the private rental market is as you imagine, something like 500,000 private rental homes rent for a sum of £0 or close to £0 often family members buying a house and putting a relative in it for nowt. Minus that, minus recent immigrants and look at uk born and you have more or less close to 100% ownership

Thatcher was a smart woman, she understood that the actual cap on ownership is the social stock. If you want ownership to go up sell down the social stock

But I am sure this will go over your head as it requires basic mathematics and statistics to understand it and 95% of the population dont have that

You are confusing smart with educated, and you've done little to demonstrate you understand the semantics of either, or to whom they apply.

How is your one man campaign going to close Britain's universities, by the way?

Thrugelmir

PasturesNew wrote: »

Most don't know what it's about .... they just want a ruck.

Seems straightforward enough. Macron wishes to benefit the wealthy at the expense of the poor. Ill thought out policies are diminishing his credibilty by the week.

AG47

There are a lot of unhappy people in the uk as a result of the manipulation of property prices.

Surely what everybody wants is free markets.

Stop the manipulation of property in favour of the rich.

We all know the government tweks and fiddles with everything from lending, interest rates and keeping supply low to laws and taxes.

They fiddle everywhere and there comes a point where the people are fed up, then the yellow jacket movement is unavoidable.

zagfles

AG47 wrote: »

There are a lot of unhappy people in the uk as a result of the manipulation of property prices.

Surely what everybody wants is free markets.

Stop the manipulation of property in favour of the rich.

We all know the government tweks and fiddles with everything from lending, interest rates and keeping supply low to laws and taxes.

They fiddle everywhere and there comes a point where the people are fed up, then the yellow jacket movement is unavoidable.

Yeah, that's what Tommy Robinson was marching about.
Actually it's not property prices. My pet hate is middle lane hoggers on the motorway. Yeah, that's what the yellow jackets movement is about. So watch out you middle lane hoggers, revolution is coming :rotfl:

ChopperST

@ AG47

Can you give specific examples of the above? From my point of view we do live in a free market economy in one of the most liberal countries of the world. Every child is given access from birth to free health care and education to allow them to be the best version of themselves.

How are property prices manipulated in favour of the rich?

How is the government fiddling with the lending and interest rates? Interest rates are still (last time I looked) at historical all time lows meaning we can borrow at sub-inflationary rates which seems like a pretty good deal to me. The government has even stepped in and increased stamp duty on second homes and cut tax relief on mortgage interest for landlords which is in favour of first time buyers, to the detriment of the former.

I was born in the 1980s and came from a single parent family. My mother worked as a secretary to provide for myself and my brother and life was a struggle and we went without many of the things our friends had. We didn't complain but both myself and my brother drew on this experience and decided we wanted better for ourselves in our adult lives.

Fast forward 20 years we both work in medical professions, worked and saved hard and worked our way up the property ladder. My brother is quite handy and has bought older properties that he has been able to fix up and sell on at a profit before taking on his next project. I (with no DIY skills whatsover) decided to work hard on my career and took on two extra jobs as well as saving and investing to be able to afford a house to live in and the lifestyle I wanted - spurred on from my memories as a child of not having much.

With the internet and social media we are seeing a generation full of confirmation bias - its not hard to find a group of people that agree entirely with your standpoint whatever it is (Don't get me started on the INCEL movement) and a erosion of what could be called a British stiff upper lip. I see it all the time in my work - peoples health conditions are my problem rather than their own, they want the blue pill to fix their hypertension or diabetes as opposed to not eating themselves to death and sitting still on a sofa. This lethargy has manifested itself in society as a whole fuelled by Instagram where people see celebrities living the life and they think they deserve that life too. Unfortunately it needs to be earned through hard work, dedication and granted a little bit of luck but you generally make your own luck in life by knocking on enough doors.

A previous poster has suggested you form a political party based upon providing cheap housing for everyone - why don't you look at doing so. All to often people want to protest for something but with no coherent argument to change things for the better, perhaps now is the time for someone to step up and lead the way?

kabayiri

The solution to widespread dissatisfaction in the UK is obvious.

Get the whole of the UK working !!

London has become so overheated because we are unable to move work around the country, and balance things out.

For me, the key to all of this is high quality; affordable; transport.

Tram networks open up new areas to business. The BBC offices in Salford clearly benefit from the tram network.

This isn't an anti-London rant. London will obviously remain the core for specific sectors. But there are other great cities in the UK, and I'm not sure we are utilising them or the regions.

AG47

kabayiri wrote: »

The solution to widespread dissatisfaction in the UK is obvious.

Get the whole of the UK working !!

London has become so overheated because we are unable to move work around the country, and balance things out.

For me, the key to all of this is high quality; affordable; transport.

Tram networks open up new areas to business. The BBC offices in Salford clearly benefit from the tram network.

This isn't an anti-London rant. London will obviously remain the core for specific sectors. But there are other great cities in the UK, and I'm not sure we are utilising them or the regions.

If you build it they wil come.

Yes we need a million new affordable homes added every year for the next ten years at least. Along with all the supporting infrastructure.

Also get the UK producing again, instead of buying from the rest of the world, produce what we need ourselves. Then no deal wouldn't matter as much.

Look at Milton Keynes as an example, we need a few more MKs added to the UK every year for the next decade.

Yes with good modern transport like Japan, bullet trains.

A million affordable homes doesn't need to be houses, it could be more high rise blocks of flats as long as they are well designed and thought out.

This would be very good for the uk economy and get everybody back into work. Get young ones trained up as tradesmen and women.