News logo, Click to Return to Homepage
    C4 Forums    News    Channel 4 News    is my situation typical?.
Page 1 2 3 4 5 ... 14
Go
New
Find
Notify
Tools
Reply
  
  Login/Join 
Four Silver Stars
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by The Magnetist:
I have seen many of these under-occupied houses. The woman next door is in her late 60's and has a three story house to herself. She is not unusual around here. In any case, youngsters could not afford to buy the house even if she did 'downgrade' as it would be astonishingly expensive. However, she would have got it for a song when she was younger.

I believe that many such people are preventing the young from having sensible homes.
But isn't it her right to live there? Houses like many things owned by a family hold many memories and I don't think people should be expected to leave to ease the way for others. What about the other pointless things that old people hoard and don't need like cash, jewellery, cars etc should they sell that too??


The memories the young will reflect on is the squalid BTL dumps they had to bring their children up in because their 'elders and betters' did a raid on the countries wealth, aided and abetted by the Banks.
LOL a little extreme. I think that you will find that a good percentage of our 'elders' had to start off in the squalid BLT dumps and moved up the property ladder like most people have too. Whether you were fortunate enough to purchase at a good time and are able to move quicker up the ladder is irrelevant the simple fact is that property for most of us has many rungs which is why it is called the ladder if we could all just move into our ideal home it would just be called a step.


Not BTL dumps... Council houses. The young did not have this option and did not get 'sitting tenancy' rights that offered them cheap houses when they decided to cash in their tenancy. Today's kids get nothing but the 'pleasure' knowing that someone older is getting their hard-earned cash. This is called 'trickle up'...

The 'ladder' you speak of is above a steel ceiling that most of the young cannot see, let along reach the first step.
I would disagree, haveing recently and finally got myself on the ladder the same old route to moving up it still applies today like it always have; nothing has changed (for what I can tell)

But council property is only a small portion of the houses that are currently up for offer, and cannot constitute the cause of the current level of house prices nor the amount of people sitting on vacant / 2nd properties.
 
Posts: 411Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
quote:
Originally posted by Narky100:
immigration is the problem and the government cover it up.

Would you force an old person who in there life time has helped made Britain work give up there house to a family turning up from pakistan. Would not go down well with the persons family and more Brits could leave. You could also argue the reason they live alone is through the broken society caused by immigration.

Government policy destroy Britain


These people have cashed in and now wish to keep all the goodies for themselves. If they had not been so greedy we would not be in a mess now. It is nothing to do with immigration and all to do with inherent greed.

Every child in this country should be taught that the reason that they cannot have a decent life without massive debts is because their 'elders and betters' sold them out. Simple as...
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by The Magnetist:
I have seen many of these under-occupied houses. The woman next door is in her late 60's and has a three story house to herself. She is not unusual around here. In any case, youngsters could not afford to buy the house even if she did 'downgrade' as it would be astonishingly expensive. However, she would have got it for a song when she was younger.

I believe that many such people are preventing the young from having sensible homes.
But isn't it her right to live there? Houses like many things owned by a family hold many memories and I don't think people should be expected to leave to ease the way for others. What about the other pointless things that old people hoard and don't need like cash, jewellery, cars etc should they sell that too??


The memories the young will reflect on is the squalid BTL dumps they had to bring their children up in because their 'elders and betters' did a raid on the countries wealth, aided and abetted by the Banks.
LOL a little extreme. I think that you will find that a good percentage of our 'elders' had to start off in the squalid BLT dumps and moved up the property ladder like most people have too. Whether you were fortunate enough to purchase at a good time and are able to move quicker up the ladder is irrelevant the simple fact is that property for most of us has many rungs which is why it is called the ladder if we could all just move into our ideal home it would just be called a step.


Not BTL dumps... Council houses. The young did not have this option and did not get 'sitting tenancy' rights that offered them cheap houses when they decided to cash in their tenancy. Today's kids get nothing but the 'pleasure' knowing that someone older is getting their hard-earned cash. This is called 'trickle up'...

The 'ladder' you speak of is above a steel ceiling that most of the young cannot see, let along reach the first step.
I would disagree, haveing recently and finally got myself on the ladder the same old route to moving up it still applies today like it always have; nothing has changed (for what I can tell)

But council property is only a small portion of the houses that are currently up for offer, and cannot constitute the cause of the current level of house prices nor the amount of people sitting on vacant / 2nd properties.


Of course the are now only a small proportion of Council houses today...That is my point! In the past there was the 'Big Sitting Tenancy Cash In' that cannot be done now by the young who have to stump up the cash to BTL Landlords.

Bottom line... The Baby Boomers could get 'on the ladder' with one wage. Today you need several wages and have your kids working as chimney sweeps.
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Bonmot:
quote:
Originally posted by nasty forum:
in the street where i live,there are 18 three bedroom houses.ex council.
in 8 of those houses there lives 1 person aged between 65-80.
in another 3 there is a single person per house who are working.
so 11 out of 18 three bedroom houses are occupied by 1 person per house.
if this is a nationwide phenomenon then its no wonder theres a housing shortage.
if we build 3 million more houses as the govt want.
will 2 million be taken by single people?.
Try addressing the source of the problem and not targeting old-age pensioners. 650K new people came into our country last year, our pensioners come first. I have a 5-bed for me and my wife, when we get old will you turf us out?


If you take in 4 lodgers you would be helping society and earning a crust.

Having such a large house to yourself is inefficient.

Pensioners already come first. The have benefited from the good years and now wish to prevent the young for having anything. However, they want the young (including young immigrants) to support them in their old age via their taxes and the 'sweat of their brow'.

I would not object but the system is transferring wealth from the young to the old/rich regardless of the young's ability to pay.

Talk about 'thinking the world owes them a living', the Baby Boomers want it all.
I choose to live well, in an area that is free from the ills of our new imposed society. I worked hard and pay loads, perhaps my 30K tax a year is helping society?
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
quote:
I choose to live well, in an area that is free from the ills of our new imposed society. I worked hard and pay loads, perhaps my 30K tax a year is helping society?


I'm alright Jack. Let them eat cake.

If you pay £30k in tax you must be taking much more than that out of the system so I would not go all philanthropic on me. If you gave away an extra £30k I might be impressed. You are just paying your dues and I am sure you are well compensated for it.
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
PS, I'm surprised your accountant has not cleared up your 'tax problem' for you as all well off people seem to do...
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
I choose to live well, in an area that is free from the ills of our new imposed society. I worked hard and pay loads, perhaps my 30K tax a year is helping society?


I'm alright Jack. Let them eat cake.

If you pay £30k in tax you must be taking much more than that out of the system so I would not go all philanthropic on me. If you gave away an extra £30k I might be impressed. You are just paying your dues and I am sure you are well compensated for it.
One thing is for sure if I lived in a smaller house I would invest the difference in more property. I never complain about tax and yes I'm alright Jack. Do tell me what is wrong with looking after ones own interests? Anyone would do the same, present company excepted Big Grin
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by Bonmot:
One thing is for sure if I lived in a smaller house I would invest the difference in more property.


Why would you invest in an asset that by common consensus is between 20 and 35% overvalued? If as you claim you are wealthy enough to pay 30k tax per year, why would you want to make such a dumb decision?
 
Posts: 375Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
How can it be overvalued if there is a shortage?
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
quote:
Originally posted by Bonmot:
quote:
Originally posted by The Magnetist:
quote:
I choose to live well, in an area that is free from the ills of our new imposed society. I worked hard and pay loads, perhaps my 30K tax a year is helping society?


I'm alright Jack. Let them eat cake.

If you pay £30k in tax you must be taking much more than that out of the system so I would not go all philanthropic on me. If you gave away an extra £30k I might be impressed. You are just paying your dues and I am sure you are well compensated for it.
One thing is for sure if I lived in a smaller house I would invest the difference in more property. I never complain about tax and yes I'm alright Jack. Do tell me what is wrong with looking after ones own interests? Anyone would do the same, present company excepted Big Grin


We all look after our own interests. However, doing so in a merciless fashion results in the destruction of our society. This is what we are seeing an all of those countries that have adopted a rabid-right capitalist policy.

Greed is destructive. With society being polarised there will be more unrest, more crime and more dis-satisfaction. You may think you are immune to this but sooner or later it will get you too.
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
The only difference is that I am honest and not at all envious.
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
quote:
Originally posted by The Magnetist:
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
Our country is being destroyed by importation of millions of people we cannot support.
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
Four Gold Stars
Posted Hide Post
quote:
Originally posted by Bonmot:
quote:
Originally posted by The Magnetist:
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
Our country is being destroyed by importation of millions of people we cannot support.


Really. And how many rich business men would be able to make all of their lovely money without cheap immigrant workers?

Perhaps if we 'sent them back to their own country' our workers could have a large hike in wages to allow them to live decently.
 
Posts: 2241Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Bonmot:
quote:
Originally posted by The Magnetist:
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
Our country is being destroyed by importation of millions of people we cannot support.


Really. And how many rich business men would be able to make all of their lovely money without cheap immigrant workers?

Perhaps if we 'sent them back to their own country' our workers could have a large hike in wages to allow them to live decently.
I doubt that would be the case. Minimum wage (if working)is given to anyone regardless of where you are from, I would like to see the percentage of skilled labour coming into the country because from what I can understand manufacturing, farming and construction industries employ immigrants due to the lack of a skill base.
 
Posts: 411Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by Bonmot:
How can it be overvalued if there is a shortage?


The value of something is determined by the price that someone is willing to pay for it. Clearly with average house prices at around 170k and average incomes at 25k people are not willing to pay the prices being asked.
 
Posts: 375Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Bonmot:
quote:
Originally posted by The Magnetist:
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
Our country is being destroyed by importation of millions of people we cannot support.


Really. And how many rich business men would be able to make all of their lovely money without cheap immigrant workers?

Perhaps if we 'sent them back to their own country' our workers could have a large hike in wages to allow them to live decently.
Our people should have been invested in and not allowed to doss. Replacing them with cheap imports doesn't make them go away. It just means there are two people doing one mans job whilst one trashes his life.
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
One Gold Star
Posted Hide Post
quote:
Originally posted by lostinfrance:
quote:
Originally posted by Bonmot:
How can it be overvalued if there is a shortage?


The value of something is determined by the price that someone is willing to pay for it. Clearly with average house prices at around 170k and average incomes at 25k people are not willing to pay the prices being asked.
Not so, the lenders determine that they cannot buy.
 
Posts: 5571Reply With QuoteEdit or Delete MessageReport This Post
Three Gold Stars
Posted Hide Post
quote:
Originally posted by The Magnetist:
quote:
Originally posted by Bonmot:
quote:
Originally posted by The Magnetist:
I never understand why people complain about crime or 'terrorism' when their actions are collectively destroying the country of our birth just through pure greed.
Our country is being destroyed by importation of millions of people we cannot support.


Really. And how many rich business men would be able to make all of their lovely money without cheap immigrant workers?

Perhaps if we 'sent them back to their own country' our workers could have a large hike in wages to allow them to live decently.

I think that's called a win-win situation, I wonder why no-one's thought of it before... that's why we've always had mass immigration, to keep the working man's wages down. Strange that Labour are such promoters of it...

Incidentally, did you see the list of named & shamed 'rich business men' fined for using illegal immigrant labour? 9 out of 10 of them seemed to be from a certain origin...
 
Posts: 2183Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by Bonmot:
quote:
Originally posted by lostinfrance:
quote:
Originally posted by Bonmot:
How can it be overvalued if there is a shortage?


The value of something is determined by the price that someone is willing to pay for it. Clearly with average house prices at around 170k and average incomes at 25k people are not willing to pay the prices being asked.
Not so, the lenders determine that they cannot buy.



So you advocate lending people 7 times their income to buy a house then? Lending at this level is not the norm, it has happened recently due to lax lending policies and insufficient regulation. Affordability is around 3-4 times annual income and this is what lenders are now offering. This will determine future price levels which is why investing in property at todays prices is a dumb thing to do.
 
Posts: 375Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by lostinfrance:
quote:
Originally posted by Bonmot:
How can it be overvalued if there is a shortage?


The value of something is determined by the price that someone is willing to pay for it. Clearly with average house prices at around 170k and average incomes at 25k people are not willing to pay the prices being asked.
I am not quite sure where this average comes from because it really doesn't reflect the current housing market as I see it. Most areas in the south have regions of affordable housing which is where for the majority of us our journey on the ladder begins; it would be nice if we could simply buy our ideal home but that is just not the case.
I have recently baught in an area that was extremely poor and as such the house prices are very affordable. Through regeneration of the area direct and a neighbouring large construction project the area has seen a very positive growth and doesn't seem to be suffering the same impact of the current crisis. Because we are now looking to extend our family I need to increase to a larger house and the current slump combined with the positive equity on the property will enable me to get a house in an area that I may not necessarily have been able to afford but I am only in this position because I baught sensible in the first place. The point that I am making here is that many people got sucked into the housing market hype with little if not no knowledge of what they were doing and as a result baught a house that they could not afford and are now suffering the consequence. If you are like me you have to start in an area that is less desirable and hope that it catches on and you get good rates of growth (and if you research and area properly then that shouldn't be hard)then with that you can move up the ladder to a house that you could never afford if it wasn't for the buying gains from previous properties; housing is a phased process if you chose to bypass this then on your head be it!
 
Posts: 411Reply With QuoteEdit or Delete MessageReport This Post
Four Silver Stars
Posted Hide Post
quote:
Originally posted by Odins_Raven:
quote:
Originally posted by lostinfrance:
quote:
Originally posted by Bonmot:
How can it be overvalued if there is a shortage?


The value of something is determined by the price that someone is willing to pay for it. Clearly with average house prices at around 170k and average incomes at 25k people are not willing to pay the prices being asked.