Would 4 years of Corbyn Crash the London Market?

Arklight

Malthusian wrote: »

Homeless people in the UK are given housing for free by the council, so the price of housing is completely irrelevant to homelessness in the UK.

Anyone who goes on about house prices in a discussion of homelessness in the UK is saying that they don't care about the homeless, as they are trying to change the subject from a mental health care issue to how they want someone to subsidise their rent.

It's very similar to how if you try to have a conversation about the care crisis, people butt in saying "I don't care about that, I want to talk about how the taxpayer should subsidise my inheritance".

Yes, that's exactly not the same at all.

Also, for your information, homeless people aren't given housing for free by the council, because then they wouldn't be homeless. The dictionary definition of homelessness is someone without a place to live. Something which has almost doubled under the Tories.

Look I get it, it's not easy having to constantly try and defend heartless Tory policy that has had an appalling effect on virtually every vulnerable person in the country. Its hard work, thankless, and fairly pointless. You have to point to statistics that don't exist to try and make people who are selfish, privileged, and generally ghastly, appear nicer than they are. And they don't even appreciate it, because people who are Tories couldn't actually care less if homelessness went up 10,000%! So have a night off.

RelievedSheff

Are some of you actually that delusional that you believe Corbyn has even the slightest chance of being voted in and these policies coming to fruition?

All that this general election is set for is to get Boris his majority and get Brexit over and done with.

Feel free to keep dreaming the impossible dream though.

Thrugelmir

RelievedSheff wrote: »

Are some of you actually that delusional that you believe Corbyn has even the slightest chance of being voted in and these policies coming to fruition?

Ideas and concepts aren't unique to any one party. There's very real challenges to be faced.

epinjy

The only one that matters:

"Macroprudential" supervision - bank lending on real estate = mortgages. Certainly limit/reduce mortgage lending and prices will drop... And so will how many people can afford to buy a house. Almost all first time buyers are dependent on mortgages and if banks are going to have to scale back lending on houses it will affect riskier lending the most (i.e. first time buyers). Lower prices but not more affordable. Counter-intuitive really.

The rest sounds like inconsequential minor tinkering.

BTL has already been beat to death, keep hammering and the reduced rental supply means higher rents, higher yields attracting investors which will keep things in balance. Progressive property tax would be offset by removing SDLT, house building probably can't be scaled up massively (land availability, planning permission, where are all the extra builders coming from?).

Common Ground Trust - Wont make any difference, as long as outright ownership (freehold) is still an option, it will always be more desirable. Simply another way to buy a house without having full ownership/equity (i.e add it to the list along side shared ownership, leaseholds, HTB).

CKhalvashi

Malthusian wrote: »

Homeless people in the UK are given housing for free by the council, so the price of housing is completely irrelevant to homelessness in the UK.

Really? Just like that?

The reality is that it can take someone with a connection to the area and a disability up to 5 years to become housed in my LA area.

The reality is also that people are incorrectly turned away by the LA and are left waiting while an appeal is conducted.

I still take an active interest in housing issues, so lets stick to the realities here and not go off on unicorn-like ideas.

It's very similar to how if you try to have a conversation about the care crisis, people butt in saying "I don't care about that, I want to talk about how the taxpayer should subsidise my inheritance".

Have you dealt with the social care system? I'm helping a family friend go through the financial paperwork for it at the moment and it's a difficult process to go through at a difficult time for families, especially those who don't have someone with knowledge of how the system works who can deal with it without being emotionally attached.

It's not about subsidised inheritances, it's about ensuring that nobody is left out of pocket. Some of the most difficult cases where there is missing financial paperwork can take in excess of 12 months to deal with, so I hope you have a spare £30k plus living expenses sitting in a bank account somewhere if you need social care, you'd be amazed at how quickly it runs out.

MaxiRobriguez

RelievedSheff wrote: »

Are some of you actually that delusional that you believe Corbyn has even the slightest chance of being voted in and these policies coming to fruition?

All that this general election is set for is to get Boris his majority and get Brexit over and done with

Hi Dom. "Get Brexit Done" by having the next decade spent negotiating FTAs and nothing else. Can't wait.

In regards to the Labour party policies on housing, I'm for it, maybe then we'll start to see people in this country allocate their capital to productive businesses rather than bricks and mortar.

sst1234

Corbyn would crash the old Soviet Union if he was in charge. He is that inept. And the motley crew of misfits on the so called front bench, there is a reason they are not in paid employment (being an MP is hardly paid employment, more of a hobby and a privilege).
Mcdonell.....pure dangerous.

Thrugelmir

MaxiRobriguez wrote: »

In regards to the Labour party policies on housing, I'm for it, maybe then we'll start to see people in this country allocate their capital to productive businesses rather than bricks and mortar.

Without cheap credit the whole ponzi scheme collapses. 11 years on and the challenges created by the GFC are far from resolved.

triathlon

Corbyn will hurt the people he claims to be trying to help. It's basis human law, the weak when things are economically good will be even weaker if not worse when time really get tough, and they will under Corbyn.

I am only a little guy with modest wealth and I have already secured my money from him should he amazingly get power, so if I have you can be sure the rich elite have

MobileSaver

Arklight wrote: »

people who are Tories couldn't actually care less if homelessness went up 10,000%!

In my opinion the majority of people who are genuinely homeless in the UK are in that position because of their own bad decisions, whether that be crime, drugs or drink. So, yes, I am sorry if it sounds harsh but I don't care too much if more people like that become homeless.