FabSwingers.com mobile

Already registered?
Login here

Back to forum list
Back to The Lounge

More Osbourne Crap...

Jump to newest
 

By (user no longer on site) OP   
over a year ago

Apparently if we leave the EU house prices will fall by 18%

(1) totally made up and plucked from thin air

House prices like everything else are decided by supply and demand. Not our membership of any organisation!

(2) would it really be so bad? House prices are stupidly high...but that's because we are not (and haven't for 40+ years) building enough houses....again supply and demand.

(3) or ....will the fall be due to whatever million EU migrants leaving and actually causing a drop in demand for houses? So therefore a fall in house prices....so our young people may actually be able to afford to buy one?

I'm just throwing some conjecture into the mix....it's just another example of political crap and made up bollocks.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

It's almost like... you can try and predict the future of the housing market based on the history of the housing market and historical events...

Nah...

Statistics and economics will never catch on...

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular

I like the 10% decrease in gdp

Reply privatelyReply in forumReply +quote
 

By *rightonsteveMan
over a year ago

Brighton - even Hove!

[Removed by poster at 20/05/16 22:20:54]

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Apparently if we leave the EU house prices will fall by 18%

(1) totally made up and plucked from thin air

House prices like everything else are decided by supply and demand. Not our membership of any organisation!

(2) would it really be so bad? House prices are stupidly high...but that's because we are not (and haven't for 40+ years) building enough houses....again supply and demand.

(3) or ....will the fall be due to whatever million EU migrants leaving and actually causing a drop in demand for houses? So therefore a fall in house prices....so our young people may actually be able to afford to buy one?

I'm just throwing some conjecture into the mix....it's just another example of political crap and made up bollocks."

As it may well put a end to Cameron and Osbornes political careers.....they are going to give all the scare tactics they can think of

Reply privatelyReply in forumReply +quote
 

By *verysmileMan
over a year ago

Canterbury

So it makes houses more affordable for my kids.

It makes no difference to me......as the value of my home drops, the value of the place I am likely to buy will also drop.

Unless you are going to sell up and use the money for something else, then what's the problem? House prices have consistently grown far more quickly than other forms of unearned investment. Isn't it time we looked at high property prices as a social evil rather than a get rich quick scheme?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It's almost like... you can try and predict the future of the housing market based on the history of the housing market and historical events...

Nah...

Statistics and economics will never catch on..."

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"So it makes houses more affordable for my kids.

It makes no difference to me......as the value of my home drops, the value of the place I am likely to buy will also drop.

Unless you are going to sell up and use the money for something else, then what's the problem? House prices have consistently grown far more quickly than other forms of unearned investment. Isn't it time we looked at high property prices as a social evil rather than a get rich quick scheme?"

I *believe* it is something to do with banks being more reluctant to lend when the housing market slows/drops.

So although houses will be cheaper, you won't be able to buy and sell as easily anyway. So it makes it harder for people like me to buy their first home.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

The pound will fall! .. Great best thing that could happen for UK exporting.

House prices will fall... Great it's absolutely needed, there practically unaffordable for millennials.

Interest rate will go up.... about fucking time, it's killing capitalism!.

Parts of the UK won't receive money from the EU.... Well fucking do something about it... Riot, protest your mp, vote alternatives, throw eggs at George Osborne!.

.

.

But please remember... Your mobile roaming charges we can't help you with, it's just one of those things

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock

Just saw a section about this on sky news. Even if it is true, (which I don't believe for a moment it is) Osborne said it would be a lose lose situation for British people. Err no it wouldn't Osborne you fuckwit, it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses here and many people all over the UK are having to stay living at home with parents well into their 30's because of the sky high price of houses.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses "

Unless they can't get a mortgage. Of course.

Reply privatelyReply in forumReply +quote
 

By *oole2010Couple
over a year ago

southampto

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular

Don't forget that wages will increase if we leave which is bad for the country but nobody can tell me why it's bad?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Don't forget that wages will increase if we leave which is bad for the country but nobody can tell me why it's bad?"

Because small businesses won't be able to pay the expected wages and will go bust, leaving people unemployed. Big businesses won't want to pay the wages, and thus will potentially relocate if they are that sort of business.

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses

Unless they can't get a mortgage. Of course."

Surely more likely to get a mortgage. Sky high house price means a large deposit needed. Lower house price means a lower deposit needed. So as I said win win situation for first time buyers.

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular


"Don't forget that wages will increase if we leave which is bad for the country but nobody can tell me why it's bad?

Because small businesses won't be able to pay the expected wages and will go bust, leaving people unemployed. Big businesses won't want to pay the wages, and thus will potentially relocate if they are that sort of business."

That wasn't the reason given. Besides if small businesses can't afford they wages they simply don't pay them. That's how it works

Reply privatelyReply in forumReply +quote
 

By *erbyDalesCplCouple
over a year ago

Derbyshire

Sounds a bit week after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc

Reply privatelyReply in forumReply +quote
 

By *erbyDalesCplCouple
over a year ago

Derbyshire

*weak, obvs

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Sounds a bit week after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc"

Space lizards hmmm i like the sound of that....sounds like a rock band name

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses

Unless they can't get a mortgage. Of course.

Surely more likely to get a mortgage. Sky high house price means a large deposit needed. Lower house price means a lower deposit needed. So as I said win win situation for first time buyers. "

As I said above - a slowdown in the market often causes a reluctancy to lend. Which means that people still can't afford houses. And other people can't sell their houses. So everyone gets stuck in houses they don't want to be in. Except for a few people.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Wages up(that's bad)(unless your wage is low)

House prices down(that's also bad)(unless your under 30 and don't want to own a house ever)

Interest rates up(that's bad)(unless your a saver or retired or have a pension or just belive in capitalism).

Pound down(that's bad) unless you work in the export industry, where a lower value currency will help you immeasurably!.

But then there's the other side as well!.

Being out of the EU will save us when the euro collapses(apparently).

Being out of the EU will protect us from terrorism(apart from the fact that most are living here and are UK citizens).

.

.

I've just come to the conclusion that life will go on, some jobs will go, some jobs will be created, some firms will leave, some firms will come in.. capitalism works on opportunity and as one opportunity diminishs another will increase

Reply privatelyReply in forumReply +quote
 

By *abioMan
over a year ago

Newcastle and Gateshead


"Just saw a section about this on sky news. Even if it is true, (which I don't believe for a moment it is) Osborne said it would be a lose lose situation for British people. Err no it wouldn't Osborne you fuckwit, it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses here and many people all over the UK are having to stay living at home with parents well into their 30's because of the sky high price of houses. "

actually from an economic view it will be a lose lose, because it will put more people into negative equity.... (it not all just about the house bubble in the south east!)

economists are a weird bunch, but whether they are on the remain side (of which they are many) or the leave (of which there are a few) they all tend to see the same in the short term

which is that people are worried about their own job security... they don't spend money (especially on big ticket items like houses)

people lose jobs, more reposessions, economy slows down, economy retracts, which actually causes issues and mortgage rates may go up..... which puts more people in trouble because thats less money they can spend as more of it goes elsewhere....

Reply privatelyReply in forumReply +quote
 

By (user no longer on site) OP   
over a year ago

At last....I started a thread to provoke mixed discussion....and that is exactly what happened. Must be a miracle on here lately!

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock


"Sounds a bit weak after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc"

Still plenty of time yet for that. I'm still waiting for Cameron and Osborne to come out with the 4 horsemen of the apocalypse and plagues of Locusts should we leave the EU.

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular


"Just saw a section about this on sky news. Even if it is true, (which I don't believe for a moment it is) Osborne said it would be a lose lose situation for British people. Err no it wouldn't Osborne you fuckwit, it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses here and many people all over the UK are having to stay living at home with parents well into their 30's because of the sky high price of houses.

actually from an economic view it will be a lose lose, because it will put more people into negative equity.... (it not all just about the house bubble in the south east!)

economists are a weird bunch, but whether they are on the remain side (of which they are many) or the leave (of which there are a few) they all tend to see the same in the short term

which is that people are worried about their own job security... they don't spend money (especially on big ticket items like houses)

people lose jobs, more reposessions, economy slows down, economy retracts, which actually causes issues and mortgage rates may go up..... which puts more people in trouble because thats less money they can spend as more of it goes elsewhere...."

none of what you say here is based on fact

Reply privatelyReply in forumReply +quote
 

By *erbyDalesCplCouple
over a year ago

Derbyshire


"Sounds a bit weak after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc

Still plenty of time yet for that. I'm still waiting for Cameron and Osborne to come out with the 4 horsemen of the apocalypse and plagues of Locusts should we leave the EU. "

6 weeks, is it? I reckon they've peaked too soon.

Though there was a story on HIGNFY last week about giant Spanish killer slugs that can gang up and attack cars

Reply privatelyReply in forumReply +quote
 

By *abioMan
over a year ago

Newcastle and Gateshead

slow down there speedy.....


"The pound will fall! .. Great best thing that could happen for UK exporting."

and to offset this... everything imported just went up... and because oil and gas is traded in dollars... petrol went up, gas and electricity prices went up, holidays went up, airline prices went up ect ect ect


"House prices will fall... Great it's absolutely needed, there practically unaffordable for millennials."

and it will put people in negative equity, plus banks are going to be more cautious lending...


"Interest rate will go up.... about fucking time, it's killing capitalism!."

there would be less incentive for banks to lend to business... plus if interest rates are going up, mortgage rates would likely follow..... which means people would have less disposable income to spend, which they would be able to buy less because import prices have gone up.....

oh... and more repossions because of that negativity equity thing you put people in.....

ladies and gentleman...your ecomony!!!!

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular

Ey wants us to build more accommodation for migrant workers, won't that affect the housing prices anyway?

Reply privatelyReply in forumReply +quote
 

By *icketysplitsWoman
over a year ago

Way over Yonder, that's where I'm bound

I thought this was about Ozzie and Sharon. Not ANOTHER EU Referendum thread.

Five weeks to go.

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular


"I thought this was about Ozzie and Sharon. Not ANOTHER EU Referendum thread.

Five weeks to go.

"

And the camps are getting more bipolar by the minute

Reply privatelyReply in forumReply +quote
 

By *icketysplitsWoman
over a year ago

Way over Yonder, that's where I'm bound


"I thought this was about Ozzie and Sharon. Not ANOTHER EU Referendum thread.

Five weeks to go.

And the camps are getting more bipolar by the minute "

I've never understood what really kept Ozzie and Sharon together.

Reply privatelyReply in forumReply +quote
 

By *mokes n MirrorsCouple
over a year ago

Plymouth and Newcastle (sometimes)


"Just saw a section about this on sky news. Even if it is true, (which I don't believe for a moment it is) Osborne said it would be a lose lose situation for British people. Err no it wouldn't Osborne you fuckwit, it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses here and many people all over the UK are having to stay living at home with parents well into their 30's because of the sky high price of houses. "

That explains why there's so many single guys who can't accommodate then...We just assumed they were married

Reply privatelyReply in forumReply +quote
 

By *nleashedCrakenMan
over a year ago

Widnes


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses

Unless they can't get a mortgage. Of course.

Surely more likely to get a mortgage. Sky high house price means a large deposit needed. Lower house price means a lower deposit needed. So as I said win win situation for first time buyers. "

It really depends why the price fall. If the price falls because of a massive increase in supply then, while not good for people like me, it's probably over all a good thing. Not quite so good is if demand decreases because people are not coming here to work because it's less attractive as a place to work, but still probably overall not a bad thing. What would be really bad is that prices fall because the economy tanks, the pound plummets and interest rates go through the roof. That would just mean that people with the houses would lose money but still first time buyers would not be able to afford to buy because the repayments would be too high.

Reply privatelyReply in forumReply +quote
 

By *nleashedCrakenMan
over a year ago

Widnes


"Sounds a bit week after last week's claim of the potential for WWIII.

Surely we should be onto "If we stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc"

That's the most convincing argument I've heard for BREXIT so far. I'm convinced by that. I'm moving over to BREXIT now. LOL

(Will anyone note my edit)

Reply privatelyReply in forumReply +quote
 

By *nleashedCrakenMan
over a year ago

Widnes


"Sounds a bit weak after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc

Still plenty of time yet for that. I'm still waiting for Cameron and Osborne to come out with the 4 horsemen of the apocalypse and plagues of Locusts should we leave the EU. "

I think Nigel and Boris have already got them ready to come across from Turkey if we stay, haven't they?

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock


"Sounds a bit weak after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc

Still plenty of time yet for that. I'm still waiting for Cameron and Osborne to come out with the 4 horsemen of the apocalypse and plagues of Locusts should we leave the EU.

I think Nigel and Boris have already got them ready to come across from Turkey if we stay, haven't they?"

No that's Cameron and Osborne's gig. They already got Hollande from France and Obama from USA, so they only need 2 more horsemen to make up the magic number 4.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"No that's Cameron and Osborne's gig. They already got Hollande from France and Obama from USA, so they only need 2 more horsemen to make up the magic number 4. "

Sorry this is the modern world, the 4 Horsemen are now 6, they classical team ae joined by Eric the Economist and Harriette the Health and Safety Rep. Davina the Diversity Enforcer is pending.

Reply privatelyReply in forumReply +quote
 

By *andS66Couple
over a year ago

Derby


"It's almost like... you can try and predict the future of the housing market based on the history of the housing market and historical events...

Nah...

Statistics and economics will never catch on..."

You can't.

And you know what they say, there are lies, damn lies, and statistics.

Reply privatelyReply in forumReply +quote
 

By *andS66Couple
over a year ago

Derby


"Apparently if we leave the EU house prices will fall by 18%

"

What he actually said was that house prices will be 10% to 18% 'lower' than they would be if we stay in the EU. That's not saying that they will fall by that amount.

The next thing he'll be saying is that there's a slowdown in house sales due to people's fears of a Brexit... whereas in reality there's been a sales blip by people getting buy-to-lets before the extra stamp duty comes in, which artificially pushed prices up a little further.

And I agree with others, it will help people starting out get onto the ladder.

But don't worry folks, because with the 3 Million job losses, 20% on the price of goods, our earnings going down by 20%, new employment laws making us work 32 hours a day with no holidays ever, 12 year olds going back into the pits we don't have, no NHS to make us better when we're ill from all of the unclean air because we our environmental care has gone out of the window, pension age being put up to 104, war across Europe, and pestilence and famine across our land, the last thing we'll worry about is the value of housing.

You'd have thought that any PM worth his salt, knowing all of the above will happen, would have flatly refused to hold a referendum, and be the saviour of peace, prosperity and stability across the world.

Reply privatelyReply in forumReply +quote
 

By *illwill69uMan
over a year ago

moston


"Apparently if we leave the EU house prices will fall by 18%

(1) totally made up and plucked from thin air

House prices like everything else are decided by supply and demand. Not our membership of any organisation!

(2) would it really be so bad? House prices are stupidly high...but that's because we are not (and haven't for 40+ years) building enough houses....again supply and demand.

(3) or ....will the fall be due to whatever million EU migrants leaving and actually causing a drop in demand for houses? So therefore a fall in house prices....so our young people may actually be able to afford to buy one?

I'm just throwing some conjecture into the mix....it's just another example of political crap and made up bollocks."

I doubt that the 18% figure is just made up, nor do I doubt what Georgie boy says will happen if we leave the EU. This is just the corrupt shit telling us what he has in store for us and that he will use a vote for out as an excuse to accelerate his agenda.

What everyone needs to understand is that Georgie is on record as saying the job of government is to transfer as much wealth as possible for the majority people of the country to the minority of political backers of the government without causing a revolution. What better way to transfer wealth from the majority to the filthy rich few that to use the referendum as an excuse to cause a housing price crash? It has worked for the capitalist right in the past so why pass up an opportunity to do it again?

Georgie and his boss "Call me (I fuck pigs heads) Dave" are proving extremely adept at their self given governmental task.

And we are proving easy sheep to shear!

Reply privatelyReply in forumReply +quote
 

By *andS66Couple
over a year ago

Derby


"Don't forget that wages will increase if we leave which is bad for the country but nobody can tell me why it's bad?

Because small businesses won't be able to pay the expected wages and will go bust, leaving people unemployed. Big businesses won't want to pay the wages, and thus will potentially relocate if they are that sort of business."

So by that score having a statutory minimum wage, or a living wage, whatever you want to call it, is bad for the economy? Which is what businesses said, and say, ever since it was brought in... yet employment has continued to grow....

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"It's almost like... you can try and predict the future of the housing market based on the history of the housing market and historical events...

Nah...

Statistics and economics will never catch on..."

No more boom and bust Ms Brown?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Apparently if we leave the EU house prices will fall by 18%

(1) totally made up and plucked from thin air

House prices like everything else are decided by supply and demand. Not our membership of any organisation!

(2) would it really be so bad? House prices are stupidly high...but that's because we are not (and haven't for 40+ years) building enough houses....again supply and demand.

(3) or ....will the fall be due to whatever million EU migrants leaving and actually causing a drop in demand for houses? So therefore a fall in house prices....so our young people may actually be able to afford to buy one?

I'm just throwing some conjecture into the mix....it's just another example of political crap and made up bollocks.

I doubt that the 18% figure is just made up, nor do I doubt what Georgie boy says will happen if we leave the EU. This is just the corrupt shit telling us what he has in store for us and that he will use a vote for out as an excuse to accelerate his agenda.

What everyone needs to understand is that Georgie is on record as saying the job of government is to transfer as much wealth as possible for the majority people of the country to the minority of political backers of the government without causing a revolution. What better way to transfer wealth from the majority to the filthy rich few that to use the referendum as an excuse to cause a housing price crash? It has worked for the capitalist right in the past so why pass up an opportunity to do it again?

Georgie and his boss "Call me (I fuck pigs heads) Dave" are proving extremely adept at their self given governmental task.

And we are proving easy sheep to shear! "

Source for this on the record quote?

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Great man Osborne. It will be between him and Boris Johnson who will be our Prime Minister for the next 12 years.

While I like Boris I think George should pip him as he is most like Thatcher, the type of leader prepared to make the right decisions even if it causes ahort term pain for the minority.

Lets face it, you can't make an omlette without cracking a few eggs. The socialists wont like it, but its easy to be a socialist when you don't have money

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Great man Osborne. It will be between him and Boris Johnson who will be our Prime Minister for the next 12 years.

While I like Boris I think George should pip him as he is most like Thatcher, the type of leader prepared to make the right decisions even if it causes ahort term pain for the minority.

Lets face it, you can't make an omlette without cracking a few eggs. The socialists wont like it, but its easy to be a socialist when you don't have money "

Osborne; the same man who wanted to raise retirement age to 75 and the same guy who wanted to remove all disablement benefits until he was shot down

Although I have my own private pension and no need for state pension, many do

Osborne is a poisonous snake in the grass, one who I suspect has many enemies, he must be hated as much in England as Danny Alexander is in Scotland

Reply privatelyReply in forumReply +quote
 

By *otlovefun42Couple
over a year ago

Costa Blanca Spain...


"Sounds a bit week after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc"

Shhhhhhh. That is next weeks story.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"slow down there speedy.....

The pound will fall! .. Great best thing that could happen for UK exporting.

and to offset this... everything imported just went up... and because oil and gas is traded in dollars... petrol went up, gas and electricity prices went up, holidays went up, airline prices went up ect ect ect

House prices will fall... Great it's absolutely needed, there practically unaffordable for millennials.

and it will put people in negative equity, plus banks are going to be more cautious lending...

Interest rate will go up.... about fucking time, it's killing capitalism!.

there would be less incentive for banks to lend to business... plus if interest rates are going up, mortgage rates would likely follow..... which means people would have less disposable income to spend, which they would be able to buy less because import prices have gone up.....

oh... and more repossions because of that negativity equity thing you put people in.....

ladies and gentleman...your ecomony!!!!

"

.

The imports do go up yes, that's one of the reasons to devalue your currency, it physically makes it harder to import, short term hardship, long term benefits, there's no easy street anybody that says otherwise is lieing.

Commodity's are already at 20 lows and those would be your main imports because the reality is after failing to be an importer, you'd move to internally supplying those products and then you'd be an exporter through under demand.

Of course once you've tackled the trade account deficit your currency would naturally rise on the market anyhow, that's why Germany got into the EU/euro, that's why they brought in basket case countries into the union.. To keep their currency artificially depressed!.

Free markets depend critically on fair market pricing, once you start manipulating them like we've been doing for several decades, you'll get the problems we've got.

All the austerity in the world can't cure a country with a massive trade account deficit, Osborne is either woeful at economics or complicity corrupt.

Nobody can save you from negative equity, just like nobody can save you from bad investments, house prices falling will be a fair market revaluation, that is you'll get a true cost of housing, not an artificially inflated one through manipulation.

Some people will need to go bankrupt, that's harsh I know but that's the reality, just like some banks they took on to much debt and are for all purposes are already insolvent, were manipulating the system again by keeping these people and institutions solvent.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

thats great news for buyers.. they are stupidly high now anyway so bring it on

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular


"Great man Osborne. It will be between him and Boris Johnson who will be our Prime Minister for the next 12 years.

While I like Boris I think George should pip him as he is most like Thatcher, the type of leader prepared to make the right decisions even if it causes ahort term pain for the minority.

Lets face it, you can't make an omlette without cracking a few eggs. The socialists wont like it, but its easy to be a socialist when you don't have money "

was this an ironic comment?

It's a seriously deluded one if it isn't.

Reply privatelyReply in forumReply +quote
 

By *alandNitaCouple
over a year ago

Scunthorpe


"

All the austerity in the world can't cure a country with a massive trade account deficit, Osborne is either woeful at economics or complicity corrupt.

"

Just to clear up a small technical point. Osbourne (like all the rest) is just a politician and not an economist at all. All of the ideas, forecasts and other "informed speculation" is actually produced by the paid staff, the politicians are just choosing which sound-bites to repeat.

Ultimately, regardless of what anyone thinks, nobody really knows what will or won't happen if we leave Europe, It's never been done before so all the experts can do is make "educated" guesses.

Cal

Reply privatelyReply in forumReply +quote
 

By *alandNitaCouple
over a year ago

Scunthorpe


"thats great news for buyers.. they are stupidly high now anyway so bring it on"

Great news for "First Time Buyers" maybe, but anyone who is already on the housing ladder would suffer. Their house may not be worth the value of their mortgage (aka negative equity). That isn't a problem if you stay put, but it would be if you needed to move.

Reply privatelyReply in forumReply +quote
 

By *olgateMan
over a year ago

on the road to nowhere in particular


"thats great news for buyers.. they are stupidly high now anyway so bring it on

Great news for "First Time Buyers" maybe, but anyone who is already on the housing ladder would suffer. Their house may not be worth the value of their mortgage (aka negative equity). That isn't a problem if you stay put, but it would be if you needed to move."

There are ways around that

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"

All the austerity in the world can't cure a country with a massive trade account deficit, Osborne is either woeful at economics or complicity corrupt.

Just to clear up a small technical point. Osbourne (like all the rest) is just a politician and not an economist at all. All of the ideas, forecasts and other "informed speculation" is actually produced by the paid staff, the politicians are just choosing which sound-bites to repeat.

Ultimately, regardless of what anyone thinks, nobody really knows what will or won't happen if we leave Europe, It's never been done before so all the experts can do is make "educated" guesses.

Cal"

.

What you mean advisers like this.

.

.

http://www.mirror.co.uk/news/uk-news/top-adviser-chancellor-george-osborne-5251411.

Reply privatelyReply in forumReply +quote
 

By *hatsthisMan
over a year ago

Newcastle

Better the Devil you know, Grass isnt always greener on the other side. SNP , Labour Party, Lib Dems , Head of bank of England, Head of World finance and American President with nothing to gain all say stay in. That and any campaign headed by Boris Johnson, Nigel Farage and Micheal Gove is reason enough to stay in.To many narrrow minded people just think the I word...immigration.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Why are the mps so scared off use leaving .

Reply privatelyReply in forumReply +quote
 

By *erbyDalesCplCouple
over a year ago

Derbyshire


"Sounds a bit weak after last week's claim of the potential for WWIII.

Surely we should be onto "If we leave/stay in the EU, ours babies will be eaten by giant space lizards" by now?

Mr ddc

Still plenty of time yet for that. I'm still waiting for Cameron and Osborne to come out with the 4 horsemen of the apocalypse and plagues of Locusts should we leave the EU.

I think Nigel and Boris have already got them ready to come across from Turkey if we stay, haven't they?

No that's Cameron and Osborne's gig. They already got Hollande from France and Obama from USA, so they only need 2 more horsemen to make up the magic number 4. "

I wouldn't worry about Osborne, he'll only fuck it up again as usual, and instead of a plague of locusts we'll get a plague of ladybirds, just like we used to under Thatcher...

Reply privatelyReply in forumReply +quote
 

By *erbyDalesCplCouple
over a year ago

Derbyshire


"Why are the mps so scared off use leaving . "

More importantly, why are all the newspaper owners scared of us staying?....

Mr ddc

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

House prices fell around 2007 / 2008 and being in the EU didn't stop that happening.Admittedly house prices crept up a bit and appear to be creeping upward. However, this latest scaremonger tactic from Osbourne is just that.

Reply privatelyReply in forumReply +quote
 

By *arry247Couple
over a year ago

Wakefield


"

As I said above - a slowdown in the market often causes a reluctancy to lend. Which means that people still can't afford houses. And other people can't sell their houses. So everyone gets stuck in houses they don't want to be in. Except for a few people."

That's not our past experience as the market slows the banks were falling over themselves to give mortgages to anyone who wanted one.

Reply privatelyReply in forumReply +quote
 

By *nleashedCrakenMan
over a year ago

Widnes


"

What everyone needs to understand is that Georgie is on record as saying the job of government is to transfer as much wealth as possible for the majority people of the country to the minority of political backers of the government without causing a revolution. "

Really. George Osborne is on record as saying that? Maybe you could tell us all where this record of him saying it.

Or is it just more leftist BREXIT bull shit.

Seems to that it doesn't matter whether your left or right, if your BREXIT you just can't help talking shite.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Build your own

nice 1/2 acre plot then build a huge home on it for just over £200,000

keep it a couple of years then sell for £500k+ seems everyone is doing this today.

Homes do not cost that much to build, there is an over valued fabricated cost that needs to be dropped to a realistic price

Reply privatelyReply in forumReply +quote
 

By *iss_tressWoman
over a year ago

London


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses

Unless they can't get a mortgage. Of course.

Surely more likely to get a mortgage. Sky high house price means a large deposit needed. Lower house price means a lower deposit needed. So as I said win win situation for first time buyers.

As I said above - a slowdown in the market often causes a reluctancy to lend. Which means that people still can't afford houses. And other people can't sell their houses. So everyone gets stuck in houses they don't want to be in. Except for a few people."

That is my personal worry. I retire and will need to sell to move out of London. If I can't sell I'm stuck and will have to work again to supplement my pensions instead of enjoying retirement and my grandsons and my two other daughters caught in the rental market as I'd be unable to help with their deposits, assuming they'd get a mortgage.

Reply privatelyReply in forumReply +quote
 

By *arry247Couple
over a year ago

Wakefield


"Better the Devil you know, Grass isnt always greener on the other side. SNP , Labour Party, Lib Dems , Head of bank of England, Head of World finance and American President with nothing to gain all say stay in. That and any campaign headed by Boris Johnson, Nigel Farage and Micheal Gove is reason enough to stay in.To many narrrow minded people just think the I word...immigration. "

Is it?

The EU is failing and has been for a number of years. If we stay in we will be marginalised as we are not in the euro.

There is no status quo change is coming whether we stay in or leave.

If we leave rather than being in an isolationist club (which is what the EU is) we will be free to trade with the world on terms we negotiate rather than terms the EU thrust upon us

Reply privatelyReply in forumReply +quote
 

By *iss_tressWoman
over a year ago

London


"Just saw a section about this on sky news. Even if it is true, (which I don't believe for a moment it is) Osborne said it would be a lose lose situation for British people. Err no it wouldn't Osborne you fuckwit, it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses here and many people all over the UK are having to stay living at home with parents well into their 30's because of the sky high price of houses.

actually from an economic view it will be a lose lose, because it will put more people into negative equity.... (it not all just about the house bubble in the south east!)

economists are a weird bunch, but whether they are on the remain side (of which they are many) or the leave (of which there are a few) they all tend to see the same in the short term

which is that people are worried about their own job security... they don't spend money (especially on big ticket items like houses)

people lose jobs, more reposessions, economy slows down, economy retracts, which actually causes issues and mortgage rates may go up..... which puts more people in trouble because thats less money they can spend as more of it goes elsewhere...."

Exactly this for me.

Reply privatelyReply in forumReply +quote
 

By *hatsthisMan
over a year ago

Newcastle


"

What everyone needs to understand is that Georgie is on record as saying the job of government is to transfer as much wealth as possible for the majority people of the country to the minority of political backers of the government without causing a revolution.

Really. George Osborne is on record as saying that? Maybe you could tell us all where this record of him saying it.

Or is it just more leftist BREXIT bull shit.

Seems to that it doesn't matter whether your left or right, if your BREXIT you just can't help talking shite."

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"it would be a win win situation for first time buyers who can't afford to get a foot on the property ladder because of the ridiculously high price of houses

Unless they can't get a mortgage. Of course.

Surely more likely to get a mortgage. Sky high house price means a large deposit needed. Lower house price means a lower deposit needed. So as I said win win situation for first time buyers.

As I said above - a slowdown in the market often causes a reluctancy to lend. Which means that people still can't afford houses. And other people can't sell their houses. So everyone gets stuck in houses they don't want to be in. Except for a few people.

That is my personal worry. I retire and will need to sell to move out of London. If I can't sell I'm stuck and will have to work again to supplement my pensions instead of enjoying retirement and my grandsons and my two other daughters caught in the rental market as I'd be unable to help with their deposits, assuming they'd get a mortgage. "

.

One of the biggest causes of under performing pensions is low interest rates and bonds...

You can't have low interest rates and bonds and have a well performing pension, it doesn't work like that, you can't have your cake and eat it!.

Your daughter's are caught in the rental market because houses are overvalued to wages again you can't have your cake and eat it, we won't leave a free trade union which we pay for and get a better deal, again it's cake and eating..

It seems to me there's too many people who want to eat cake .

.

.

Politicans of all parties have long got by on the ability to tell people... Yeah vote me you can all eat cake... And people go, oh yeah free cake great.... We can save the banks from debt by buying the debt ourselves and then getting the banks to issue more debt only this time we'll need more immigrants give the debt to... My pension will go up and interest rates will go down...., house prices can treble or quadruple while wages rise 10% and my kids will still get on the housing ladder.... and we'll never see a house price crash if we just keep taking money from the EU.... only were the ones paying in the money...errr yeah but no but yeah but no.

Short term gain, long term pain or

Short term pain, long term gain.

.

You pays your money, you takes your chances

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock


"Better the Devil you know, Grass isnt always greener on the other side. SNP , Labour Party, Lib Dems , Head of bank of England, Head of World finance and American President with nothing to gain all say stay in. That and any campaign headed by Boris Johnson, Nigel Farage and Micheal Gove is reason enough to stay in.To many narrrow minded people just think the I word...immigration. "

Not all of the SNP are saying we should remain. A former leader of the SNP was on BBC Question Time The other week saying we should leave the EU.

Not all of Labour are saying we should remain, just have a look at the Labour leave group where you have people like Kate Hoey, John Mills, Gisela Stuart, and Frank Field saying we should leave the EU. The former governor of The bank of England Sir Mervyn King has said he thinks the Euro zone is doomed to failure. Obama's opinion is really irrelevant, he only has a few short months left as President. It's the new Presidential candidates opinions that matter. Hillary Clinton thinks we should stay in and Donald Trump thinks on balance we would be better off coming out.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Better the Devil you know, Grass isnt always greener on the other side. SNP , Labour Party, Lib Dems , Head of bank of England, Head of World finance and American President with nothing to gain all say stay in. That and any campaign headed by Boris Johnson, Nigel Farage and Micheal Gove is reason enough to stay in.To many narrrow minded people just think the I word...immigration.

Not all of the SNP are saying we should remain. A former leader of the SNP was on BBC Question Time The other week saying we should leave the EU.

Not all of Labour are saying we should remain, just have a look at the Labour leave group where you have people like Kate Hoey, John Mills, Gisela Stuart, and Frank Field saying we should leave the EU. The former governor of The bank of England Sir Mervyn King has said he thinks the Euro zone is doomed to failure. Obama's opinion is really irrelevant, he only has a few short months left as President. It's the new Presidential candidates opinions that matter. Hillary Clinton thinks we should stay in and Donald Trump thinks on balance we would be better off coming out. "

Some commentator in a paper yesterday suggested that Priti Patel would make a good leader of the Conservative party/future prime minister. I had never thought of that before but yes, what a good choice she could be

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago

Patel is as bent as a nine Bob note! You might as well stick with old pig fucker Cameron!

Reply privatelyReply in forumReply +quote
 

By *entaur_UKMan
over a year ago

Cannock


"Patel is as bent as a nine Bob note! You might as well stick with old pig fucker Cameron!"

If we stay in EU or leave EU I think Osborne's chances of becoming next leader are shot.

If we leave the EU it will be between Boris Johnson or Micheal Gove when Cameron steps down.

If we stay in the EU it will be between Boris Johnson or Teresa May when Cameron steps down.

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Patel is as bent as a nine Bob note! You might as well stick with old pig fucker Cameron!

If we stay in EU or leave EU I think Osborne's chances of becoming next leader are shot.

If we leave the EU it will be between Boris Johnson or Micheal Gove when Cameron steps down.

If we stay in the EU it will be between Boris Johnson or Teresa May when Cameron steps down.

"

.

Oh good.... I'm cleaning my pitchfork in readiness

Reply privatelyReply in forumReply +quote
 

By (user no longer on site)
over a year ago


"Patel is as bent as a nine Bob note! You might as well stick with old pig fucker Cameron!"

In what way?

Reply privatelyReply in forumReply +quote
 

By *elvet RopeMan
over a year ago

by the big field

Osbourne is a addled fucktard with little idea what he's up to- I would let him run a bath unsupervised

Reply privatelyReply in forumReply +quote
 

By *illwill69uMan
over a year ago

moston


"Really. George Osborne is on record as saying that? Maybe you could tell us all where this record of him saying it.

Or is it just more leftist BREXIT bull shit.

Seems to that it doesn't matter whether your left or right, if your BREXIT you just can't help talking shite."

No not brexit shit, it is from a speech he made while in Oxford.

And just for clarity I am fully pro the EU, I believe the EU has saved us from the worst excesses of unrestricted capitalism and nationalism. I further believe that if Europe is to survive the sustained corporate attack on democracy then the EU will need to accelerate its development into an integrated federation because at present there is no single country in Europe that can (and maybe only 1 in the world [China]) that can defeat the antidemocratic 'corporate state' aspirations of the US multinationals.

I also believe that Tory Britain is the 'corporate states' 'Trojan Horse' and the Tories are willing partners in the US project to destabilise and destroy any EU attempts to counter the US corporate policy of economicaly enslaving the population of the world.

Reply privatelyReply in forumReply +quote
 
 

By (user no longer on site)
over a year ago


"Really. George Osborne is on record as saying that? Maybe you could tell us all where this record of him saying it.

Or is it just more leftist BREXIT bull shit.

Seems to that it doesn't matter whether your left or right, if your BREXIT you just can't help talking shite.

No not brexit shit, it is from a speech he made while in Oxford.

And just for clarity I am fully pro the EU, I believe the EU has saved us from the worst excesses of unrestricted capitalism and nationalism. I further believe that if Europe is to survive the sustained corporate attack on democracy then the EU will need to accelerate its development into an integrated federation because at present there is no single country in Europe that can (and maybe only 1 in the world [China]) that can defeat the antidemocratic 'corporate state' aspirations of the US multinationals.

I also believe that Tory Britain is the 'corporate states' 'Trojan Horse' and the Tories are willing partners in the US project to destabilise and destroy any EU attempts to counter the US corporate policy of economicaly enslaving the population of the world. "

.

Grab yourself a pitchfork

Right so that's two of us!.

We just need another 11 and were ready for another 1605 job...

Reply privatelyReply in forumReply +quote
Post new Message to Thread
back to top