As most people under 30 can't even imagine getting on the property ladder, property prices spiralling downwards would be a good thing imo.
Negative equity is a first world problem, it’s just a readjustment, people still have somewhere to live, they just can’t use it as a pension plan, so we’d be like most of the rest of the world. Our kids having a lifetime of renting ahead of them, in a country where we don’t do rent control, is much more serious, in my opinion.
Yes, it seems to have been inflated and has been dropping in some parts of London, which is often a harbinger for what's to come in the rest of the country. Those that will suffer are the young people that have bought at the top and find there house isn't what they paid for it. If they can't make mortgage repayments and there's a forced sale it could spell bankruptcy. There isn't an answer that will please everyone
first thing that the government should do imo is to: - put in rent controls (not sure how this can be implemented) - put in some sort of annual tax on seconds home which should be proportional to the property value (no one ever needs a second home as an investment whilst people cant even live in one) - stop the selling of council houses at a discount.
Well Labour says it will put in controls on rent rises, suspend the right to buy on affordable homes, build loads more council and affordable houses (but they all promise that). Nothing on second homes as far as I can see. In fact they promise to help absolutely everyone, renters, the young who can’t afford to buy, the homeless etc etc. Let’s see about that. I think rent control based on size of property and a cap on return, so you are paying roughly the same rent in Hartlepool as Westminster, which would mean cuts in rent, would be fun. And of course letting councils build houses instead of property developers filling up the fields around towns with identikit estates including a tiny number of affordable homes (as they are doing round my way. No problem with the building, we need the homes, just more should be affordable). A crash in the market would help with affordability, but would also slow to a near halt building because of reduced profit - unless the state took up the slack. Plus it would be harder for my lad to find work. I wonder why our property culture is so different to say Germany or Italy, where renting, at least in cities, is the norm and they have much stronger protection for tenants.
i dunno how true it is as most of what i read is on people debating here on the forum but there are two reasons from what i have read (not in a paper) the council doesn't build much but assigns it out to developers and housing associations: - Theres some red tape somewhere that means its hard for them to build directly, something about funding from central government than local maybe? (no idea if this is true) - with selling of council housing at a massive discount, theres no incentive for councils to build them as there's a massive loss to their funding? not sure how true either are. Agree that with a depression in house prices, developers aren't going to want to build, especially those big giant ones like barrett homes etc
MPs getting their knickers in a twist over disinformation and ‘fake news’ on social media. Strikes me the problem isn’t what is on social media but the people who believe what is on social media. Except this platform of course.
dont worry too much super gonorrhoeas gonna get you what next Brexit could lead to spread of infectious diseases such as super-gonorrhoea, health chief warns please log in to view this image Neisseria gonorrhoea bacteria, which causes gonorrhea ( NAID/Wikicommons images ) Infectious diseases such as super-gonorrhoea could spread more rapidly if the UK leaves the European Union, health chiefs have warned. Britain is said to be under “significant threat” from such diseases after Brexit if the government doesn’t work out a way of maintaining a close working relationship with European health bodies. The UK’s proximity to mainland Europe and high levels of cross-border travel on the continent mean that without a closely joined up approach the results could be disastrous. Niall Dickson, chief executive of the NHS Confederation, told the Standard: “At the moment our strongest concern is the huge level of uncertainty. We are just not clear where this is all going to land. “The only positive is that we can say this is not only about UK patients, it is about European patients who would be affected as well.
ISIS terrorist jailed over murder plot on Prince George is 'stabbed by inmates in Strangeways prison' Husnain Rashid was jailed for 25 years for trying to encourage terrorist attacks He wanted his followers on Telegram to target Prince George at school A prisoner used a toothbrush with an embedded razor blade to slash him An investigation has been launched to determine how Rashid was attacked By Darren Boyle for MailOnline Published: 21:21 AEST, 28 July 2018 | Updated: 22:41 AEST, 28 July 2018 68kshares 128 View comments ISIS fanatic Husnain Rashid who planned to poison Prince George has been slashed in the face by inmates in Strangeways Prison in Manchester. The attacker used an improvised weapon fashioned from a toothbrush with an embedded razor blade to cut the 32-year-old convicted terrorist. Witnesses said Rashid suffered a huge gash which started at his right ear. please log in to view this image Husnain Rashid, pictured, was slashed across the face in Strangeways prison in Manchester on Wednesday by a fellow inmate angered by his plot to murder Prince George please log in to view this image Rashid wanted to inspire his followers to poison Prince Geoge, pictured please log in to view this image The jihadi was attacked inside HMP Manchester - which is better known as Strangeways A prison source told The Star: 'There was blood all over his cell and the landing. Nobody likes him or what he did, like threatening that young royal lad and all the icecream stuff. We don’t tolerate that kind of thing in Strangeways.' should all terrorist convicts be given time in strangeways
Classic! Desperate Dan. Even here in the Dordogne Brexit hasn't even made the news. Although we can't get a decent reception to be able to confirm.
I hope they close this thread 52/48 is a divide Seen first hand companies setting out closure strategies on the high street. Firms deliberately going bankrupt in a controlled fashion as they cannot operate a profit after Brexit. I have seen first hand the preps for an Exodus to the EU I still believe this will be a crushing blow to the U.K. and still believe the old culture is no longer there to ride it out . Bound to get a few moans I expect but to that say it’s divided 48% as a starting figure are not happy Business I believe rules all governments There will be new products and I have seen some so not all bad ... I am hoping to remain a EU member because I believe in it 100% and my lack of belief in the U.K. is based on the very divide that is often forgotten about
