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Property Market Price Outlook

Covering Market, Trends, and Practical (but see LEMON-AID for Building & DIY)
1nvest
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Re: Property Market Price Outlook

#527125

Postby 1nvest » September 2nd, 2022, 4:27 pm

absolutezero wrote:
1nvest wrote:at least until Labour got back into power at the next GE to tidy up the economic wreck that the Tories had left them.

You're yanking my chain with this bit, right?
You think Labour would be better?

Well on course for the Tories to claim the crown. Taking 9 weeks to elect a new party leader and leaving the country in a zombie government state at a time of a energy crisis for instance, zero actions, is inexcusable IMO. Only takes 3.5 weeks for a entire General Election campaign. Such inactivity has resulted in a deeper initial hit being ingrained such that any actions that may be taken will be in part managing a crisis of its own making. The worst current state of all G7 (and many others).

Covid management - the worst of all island nations. Paramount to a initial attempt to quarantine that lasted just days before opting for 'herd immunity' without knowing whether that might be less than 1% of deaths or 90%+ deaths. Intentionally exporting it from the NHS into the social care, resulting in many deaths, offering a clap for the NHS whilst social care were ignored (didn't even have PP in many cases), until the media prompted for recognition - to which they offered pin-badges (insults). Fundamentally the nations health security came down to a roll of the dice.

A open prison, with benefit, where migrants in boats are now met halfway across the channel and assisted in, no matter what their (often unknown) history, and where within that prison its a free-for-all, very rare to see a police officer, and where daily stabbings/shootings are increasingly just accepted as being 'normal'.

Highest taxation rates for many decades. Broken manifesto promises pretty much making anything they say as being at best dubious.

As bad as Labours history might be, the Tories are topping it in many aspects. So Labour being better? Yes, in respect of less worse.

absolutezero
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Re: Property Market Price Outlook

#527127

Postby absolutezero » September 2nd, 2022, 4:43 pm

1nvest wrote:
absolutezero wrote:
1nvest wrote:at least until Labour got back into power at the next GE to tidy up the economic wreck that the Tories had left them.

You're yanking my chain with this bit, right?
You think Labour would be better?

Well on course for the Tories to claim the crown. Taking 9 weeks to elect a new party leader and leaving the country in a zombie government state at a time of a energy crisis for instance, zero actions, is inexcusable IMO. Only takes 3.5 weeks for a entire General Election campaign. Such inactivity has resulted in a deeper initial hit being ingrained such that any actions that may be taken will be in part managing a crisis of its own making. The worst current state of all G7 (and many others).

Covid management - the worst of all island nations. Paramount to a initial attempt to quarantine that lasted just days before opting for 'herd immunity' without knowing whether that might be less than 1% of deaths or 90%+ deaths. Intentionally exporting it from the NHS into the social care, resulting in many deaths, offering a clap for the NHS whilst social care were ignored (didn't even have PP in many cases), until the media prompted for recognition - to which they offered pin-badges (insults). Fundamentally the nations health security came down to a roll of the dice.

A open prison, with benefit, where migrants in boats are now met halfway across the channel and assisted in, no matter what their (often unknown) history, and where within that prison its a free-for-all, very rare to see a police officer, and where daily stabbings/shootings are increasingly just accepted as being 'normal'.

Highest taxation rates for many decades. Broken manifesto promises pretty much making anything they say as being at best dubious.

As bad as Labours history might be, the Tories are topping it in many aspects. So Labour being better? Yes, in respect of less worse.

Let's just say lessons from history, Labour would be worse on every score.
The party may be under (slightly) better management but it's the same cranks behind the scenes. Just look at what sits behind Starmer. And that's before we even consider the membership.

Covid. We'd still be locked up and wearing masks even now. Hint. The problem is the UK's healthcare structure (aka RNHS) rather than decisions made in Whitehall.
Never mind the migrants in boats. Labour would be bussing them over in droves.
Taxation. Lower under Labour? Not a chance. The State beast MUST be fed and it gets fatter under left leaning government.

1nvest
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Re: Property Market Price Outlook

#527128

Postby 1nvest » September 2nd, 2022, 4:56 pm

absolutezero wrote:Hint. The problem is the UK's healthcare structure (aka RNHS) rather than decisions made in Whitehall.

The NHS is just a gravy train. Can't even get a GP appointment as their £150K/year average GP wage means that many of them opt to work just part time. Pharmacists/GP's racked in £15/head for each Covid jab given. Immense amounts of capital wastage and abuse, over paid pen pushers, under paid actual health staff.

Same for education nowadays, just a financial gravy train where many coming out uni with Firsts or 2:1's are barely of former A level standard. But the debts built up in over-paying for accommodation etc. make the economy look good.

Fundamentally many years of Tory government has benefited others than the electorate who voted them into office. Low unemployment - due to many being on zero hour contracts. Those in work often having to rely upon food banks and state handouts (tax/universal credits, housing benefit etc.) to top up their wage to obviously too lowly paid actual job wages.

absolutezero
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Re: Property Market Price Outlook

#527146

Postby absolutezero » September 2nd, 2022, 6:32 pm

1nvest wrote:
absolutezero wrote:Hint. The problem is the UK's healthcare structure (aka RNHS) rather than decisions made in Whitehall.

The NHS is just a gravy train. Can't even get a GP appointment as their £150K/year average GP wage means that many of them opt to work just part time. Pharmacists/GP's racked in £15/head for each Covid jab given. Immense amounts of capital wastage and abuse, over paid pen pushers, under paid actual health staff.

Easy to solve.
Privatise all of it. They don't see patients then they don't get paid.
Same for education nowadays, just a financial gravy train where many coming out uni with Firsts or 2:1's are barely of former A level standard. But the debts built up in over-paying for accommodation etc. make the economy look good.

Blame Blair
Fundamentally many years of Tory government has benefited others than the electorate who voted them into office. Low unemployment - due to many being on zero hour contracts. Those in work often having to rely upon food banks and state handouts (tax/universal credits, housing benefit etc.) to top up their wage to obviously too lowly paid actual job wages.

Same for any government. You aren't voting for who you want to run the country. You are voting for who (and their cronies) you want to get rich.

chas49
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Re: Property Market Price Outlook

#527167

Postby chas49 » September 2nd, 2022, 9:20 pm

Moderator Message:
The last few posts are off-topic for this board. Please take political discussion elsewhere (chas49)

Lanark
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Re: Property Market Price Outlook

#527176

Postby Lanark » September 2nd, 2022, 11:28 pm

scrumpyjack wrote:But since 2015 more people have owned their property with NO mortgage at all than have a mortgage.


The percentage of cash buyers has been fairly steady at about 35 per cent [x][x]

So what you are seeing in those 'No Mortgage' stats is older people paying off the mortgage, and younger people being unable to buy.

In 2000, 28% owned outright rather than the current 54%
If we assume that represents a decrease in new buyers with mortgages, then that implies an additional 26% of the population have been locked out of home ownership in the last 22 years.

If there was a political party out there who targeted that 26% with real policies that helped rather than made things worse, they could get a lot of votes, will probably never happen in my lifetime though!

scrumpyjack
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Re: Property Market Price Outlook

#527193

Postby scrumpyjack » September 3rd, 2022, 7:34 am

or a steady increase in young people inheriting from parents/grandparents


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