Coronavirus effect on property markets?

silvertooth

homeless9 said:

silvertooth said:

ChopperST said:

movilogo said:

One thing we all need to remember that once a critical mass of people are affected, it will soon affect nearly everyone! No one can escape. You may keep yourself confined in a basement for 2 weeks but as soon as you come out, you are vulnerable.
Only real defense is your body immunity - until vaccine is discovered (which won't happen soon anyway).

Fit and healthy people simply need to catch the disease and help improve our herd immunity.  What we need to try and do is let this happen in a controlled manner and when people do inevitably catch it stay away from the vulnerable in their family.

It’s a very dangerous assumption to think that you can get immunity when there is no evidence at all for this


there is evidence that this novel virus is like AIDS and that AIDS drugs can help a little bit there is no building immunity to these type of virus 

SO INSAY AGAIN ITS A VERY DANGEROUS ASSUMPTION AND WHAT IS IT BASED ON?

that's not what the doctor dude said that spoke alongside Boris the other day......

he said we need to get herd immunity, so we need a good chunk of the population to be infected.

Why is the UK different from China and Italy?

silvertooth

buglawton said:

If the lockdown trend continues, only 35% of us will be earning full taxable incomes by the middle of the year. The government is going to need to get its tax from someone...

Nonsense the government can create currency out of thin air, they don’t need any tax.

there is no limit to how much currency governments can create out of thin air

tue USA just created $1.5 Trillion and have to the banks

but Hong Kong did the same and have $10K to every citizen over 18.

i think the government here in the UK should give thousands to everyone not just the bankers during this crisis 

buglawton

 silvertooth said:

buglawton said:

If the lockdown trend continues, only 35% of us will be earning full taxable incomes by the middle of the year. The government is going to need to get its tax from someone...

Nonsense the government can create currency out of thin air, they don’t need any tax.

there is no limit to how much currency governments can create out of thin air

tue USA just created $1.5 Trillion and have to the banks

but Hong Kong did the same and have $10K to every citizen over 18.

i think the government here in the UK should give thousands to everyone not just the bankers during this crisis 

So we're agreed, only 35% of us will be earning full taxable incomes by the middle of the year?

Pumping vast amounts of newly minted liquidity into the nation is two edged. Inflation is itself a tax and very hard indeed to get back into the bottle once it's out. Surely some of us recall the near 25% inflation of the '70s. It was chaotic and mainly benefited home owners and those with in demand skills or a strong union.

triathlon

buglawton said:

If the lockdown trend continues, only 35% of us will be earning full taxable incomes by the middle of the year. The government is going to need to get its tax from someone...

I was partially happy with the budget the other day, then a few days later it dawned on me yet again that a Tory government(and bare in mind I hate socialism and anti capitalism) is doing just about anything rather than take wealth from the top 10% in the UK. A lot of people I am willing to concede suffered in austerity, but the richest got off scot free, if you look at the Times rich list they got richer year on year.
At some point the rich will have to pay more tax and borrowing in order for the rich to hold onto their wealth will have to be reduced

buglawton

triathlon said:

buglawton said:

If the lockdown trend continues, only 35% of us will be earning full taxable incomes by the middle of the year. The government is going to need to get its tax from someone...

I was partially happy with the budget the other day, then a few days later it dawned on me yet again that a Tory government(and bare in mind I have socialism and anti capitalism) is doing just about anything rather than take wealth from the top 10% in the UK. A lot of people I am willing to concede suffered in austerity, but the richest got off scot free, if you look at the Times rich list they got richer year on year.
At some point the rich will have to pay more tax and borrowing in order for the rich to hold onto their wealth will have to be reduced

There's a good reason why governments can only tax the rich so far. They're slippery.

silvertooth

You really don’t want to get this thing, don’t believe the fake news that it’s just like the Flu. Of those recovered the first bout they are finding at least 20% less lung capacity and if you get it again even worse.

its crazy to try to protect the economy at the expense of people’s lives.

all countries should do a China style completely lock down only one person allowed out with full PPE once per week for controlled pick up of supplies.

China have done this for months now it’s the only way to get the R0 down to less than 1.

its madness carrying on spreading this   

gfplux

Having just seen some Facebook comments from Benidorm that the Spanish police are having to clear Brits off the closed beach. (Waiting to find if this is fake news)
This has prompted the thought that the reason Johnson will not close things down is because Brits have been educated to NOT respect laws, regulations experts and emergency closures.

buglawton

silvertooth said:

You really don’t want to get this thing, don’t believe the fake news that it’s just like the Flu. Of those recovered the first bout they are finding at least 20% less lung capacity and if you get it again even worse.

its crazy to try to protect the economy at the expense of people’s lives.

all countries should do a China style completely lock down only one person allowed out with full PPE once per week for controlled pick up of supplies.

China have done this for months now it’s the only way to get the R0 down to less than 1.

its madness carrying on spreading this   

I think Silver you're going to have to start adding decent citations that back up facts to your alarming posts that appear to be the cream of the social media rumour mill.

lisyloo

gfplux said:

Having just seen some Facebook comments from Benidorm that the Spanish police are having to clear Brits off the closed beach. (Waiting to find if this is fake news)
This has prompted the thought that the reason Johnson will not close things down is because Brits have been educated to NOT respect laws, regulations experts and emergency closures.

I think there’s a serious issue with starting measures too early.
for example asking everyone with a sniffle to self isolate.
people might do this once but will they do it a second or third time? Especially if they don’t trust that it will have an effect.
i have every sympathy with people worried about having enough money to feed their children and then there are truly selfish people.
but yes I think some employees and employers won’t just obey

silvertooth

Yes amandacat said:

The virus is already in the UK and is spreading. I can’t see how banning travel can stop the spread now. 

That’s just as stupid as these ones saying you may as well get it then if you survive that’s it you are immune and can help others.

It’s a very dangerous assumption that if you recovered then it’s over for you and you would be safe to help others. It could be true but for now a very dangerous assumption. Proverbs 22:3 says the wise one sees the danger early and concealed himself.

China have the right idea to go into total lockdown only one person allowed out for supplies once per week and only with full Personnel protection equipment.

why does the UK somehow thing we won’t be as bad as China and Italy