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news & politics:discussion


zahidf

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1 hour ago, fraybentos1 said:

Doubt this mob will still be here by late 2024, likely an election before then.

Its that 80 majority which makes me doubt something early. But yes that majority was built on the back of the red wall who voted for brexit to try and get some protection from the hyper-globalisation they've been subjected to over the last 20 odd years and now the Tories are doing the exact opposite. Doesn't take a genius to work out why they are polling so badly. 

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1 minute ago, Barry Fish said:

For sure

iutll also kill the housing market round here, where people won't sell to people who need a valuation for their mortgage, the houses each side of me recently sold for £50k over asking price. big offers which aren't dependent on a mortgage for financing is the norm for buyers only way to have an offer accepted.

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Usual weirdos will shout 'Tory' at me for saying this but interest rates aren't the PM's job, BoE is independent. Interest rates are going up in NZ, Aus, USA, Europe- they have been way way too low for ages.

5 minutes ago, Neil said:

iutll also kill the housing market round here

good. prices need to come down.

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1 minute ago, Kurosagi said:

Excellent, thanks for this. Cassetteboy at the Glade this summer was an unmitigated joy.

Love cassette boy ... think ive probably been at the last 10 or so ...... wonder what might happen to cassette boy with a change of govt ? id presume they carry on ? .... I mean alan sugar and the torys would still exist 

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2 minutes ago, Skip997 said:

Totally agree.

It's only house "owners" who want them to remain high/increase.

Yep, and many that think their house price going up benefits them are totally incorrect.

Defo a few on here and elsewhere that claim to be mega left wing, but ultimately all they care about is their house value

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1 minute ago, Skip997 said:

Totally agree.

It's only house "owners" who want them to remain high/increase.

doesnt bother me tbh ... house price falls mean the higher priced houses also fall .but then ive not got kids to pass anything on to 

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Just now, fraybentos1 said:

Yep, and many that think their house price going up benefits them are totally incorrect.

Defo a few on here and elsewhere that claim to be mega left wing, but ultimately all they care about is their house value

I know nothing about how house may or may not benefit owners. Never been involved in the housing market and never will.

Tend to agree about folks only caring about their house value.

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Presumably as mortgages go up so will rents which will make it even harder for first time buyers to save any kind of a deposit... the whole housing market needs some sort of shake up really or the government needs to meet/exceed their targets on housebuilding.  

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4 minutes ago, SheffJeff said:

Presumably as mortgages go up so will rents which will make it even harder for first time buyers to save any kind of a deposit... the whole housing market needs some sort of shake up really or the government needs to meet/exceed their targets on housebuilding.  

I don't believe there's a housing shortage in the UK
 

Quote

 

The 2021 census data, released this week, smack down the myth of a “housing shortage” in this country. The idea there was a such a crisis began in the late 1990s when mid-year population estimates suggested that England’s population, and the population of certain of its regions, had grown so much more rapidly than the stock of dwellings that in England as a whole, and more acutely in regions such as London, there had come to be fewer dwellings than households.

When the 2001 census data came out, the population of England and Wales turned out to be around 900,000 fewer than anticipated. The result was that, in fact, there was no shortage of dwellings in any region. Far from it – the surplus of dwellings had increased over the 1990s. That pattern was repeated in the 2000s and the 2021 census data shows that it was repeated in an even more extreme way in the 2010s.

The percentage of dwellings that are “excess” (i.e. in excess of the number of households) in England has accelerated markedly over the 2010s. That is true not only for England as a whole (up from 4 per cent of dwellings being excess in 2011 to 6 per cent in 2021) but for every region within England. Indeed, there is an especially marked rise in London (up from a 2.7 per cent excess in 2011 to 6.7 per cent in 2021).

 

https://www.telegraph.co.uk/news/2022/06/30/no-housing-shortage-britain/

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