The Labour Government

For the bank of mum and dad to impact house prices in any meaningful way, those in the top 2-3% who can afford the tens of thousands must be having massive families. Unfortunately that doesn't seem to be the case as they often delay having families and focus on their career first and getting to a position of financial stability before procreating.

Im sure MIRAS impacted house prices in the past, but when you look at house price inflation over time, it had little impact. House price inflation was really a product of people using property as an investment tool, at a time of low interest rates and some doing it en mass, not your small scale plumber with a couple of buy to lets which effectively are their pension. Banking of land by developers and large businesses had arguably the largest impact, considering that the value of the land is the biggest contributing factor to house prices, they effectively became the price setters.

As regards the last paragraph, there are plenty of vacant sites around the edge of the tube lines in fact thousands of acres to the north west of London (have a look on google maps, or alternatively have a look when you go through places like Amersham, Harrow etc, all within easy reach of all those high paying jobs that they decided to concentrate in the south east.

Do you mean in the green belt?


Only the other day we had a developer get told that Wandsworth council wouldn't allow the building of affordable housing in Battersea (of all places and yes I know its south London) which has been redeveloped and gentrified. It seems the objections were down to it being visible to residents of Fulham and Chelsea, god forbid.

https://www.housingtoday.co.uk/news...tower-recommended-for-refusal/5135588.article
More to it than that. You'd want the Thames flanked by high rise buildings right back to Oxford?

There was me thinking the current government was not allowing NiMBYs to dictate planning.
I think it's more to thwart BANANAs


Build absolutely nothing anywhere near anything

Instead to meet the targets they will build the affordable housing in the north where land prices are cheaper but there are relatively few well paying jobs and the transport infrastructure is a shambles.

By they I assume you mean the current government.

If they build affordable housing in the north would you object? Plenty do (no poor people in this area please) and developers won't like it - they prefer building for people who want a big house with space for four cars and object to the section 106 bus service going past then join the chorus of people complaining about traffic.
 
I had bedsits in the late 70's early 80's (chucked out aged 17), minging shitholes stinking of damp.

Buying a house I had no chance working in warehouses. 1985 ended up homeless and sleeping in my car and washing at work. Oh yes us boomers, gammons, FOC's , cunts (Insert whichever childish derogatory terminology you choose) had it easy.

(cue: Luxury that)
I could ask why you didn't take the Tebbit Express.

(For new readers, advice for the unemployed under Thatcher came from Norman Tebbit who came up with "my father got on his bike and looked for work"; British Rail put on an extra train Liverpool-London early Monday and back on a Friday evening for all those working in London during the week - the Tebbit Express.)
 
Do you mean in the green belt?



More to it than that. You'd want the Thames flanked by high rise buildings right back to Oxford?


I think it's more to thwart BANANAs


Build absolutely nothing anywhere near anything



By they I assume you mean the current government.

If they build affordable housing in the north would you object? Plenty do (no poor people in this area please) and developers won't like it - they prefer building for people who want a big house with space for four cars and object to the section 106 bus service going past then join the chorus of people complaining about traffic.
Yes the green belt around London, unfortunately the penalty you pay for solely investing in the South East. Interesting with the article you posted is that its exactly as I thought, the more upmarket areas wont play ball and will just block it.

Regarding the construction at Battersea, maybe you missed the massive tower blocks on St George's Wharf and at Nine Elms about 500m down the embankment from Battersea Power Station, but they are fine because they have multi million pound penthouse apartments, owned by the likes of Elton John and Russian oligarchs. Maybe they are just far enough away from the croquet lawns and tennis courts at the Hurlingham Club that they cant be seen ?

Building to Oxford, really ? Nothing like the poor use of hyperbole, you should know you need to at least make it broadly realistic. Im waiting for you to break into Jerusalem, full on last night of the proms style and talking about green and pleasant lands.

Building in the north is fine assuming you also bring high paying and six figure jobs, world class public transport and investment in other public facilities as you build the houses. Thats the quid pro quo; unfortunately as always it will be done on the cheap, just like the tram network in Manchester which was using technology 20yrs out of date when it was being built. Or the scaled back "Northern Power House" or whatever the latest political, three word soundbite name they are using, which the current government wants to cut spending on as part of the review (one of the unprotected budgets).

Yours Sincerely
Mr Thoroughly Fucked Off Northerner :-)
 
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First off, I have no buddies (in Reform - which I thought you understood), and in all honesty I don't think they'll do anything to reduce further migration and for the record, I am more concerned about the migrants that cross the channel than those that come with Visa's (though they also need to be controlled).

I believe anyone that comes here through an illegal route should NOT be processed at all. Personally I would have the royal navy sited just off the French cost and, as they come over prevent them from entering British waters.... not idesl and hard to do I know, but any solution will be difficult.... until Border Force get a grip - surely that isn't going to be to far away now is it?

The honest answer I don't know what they will/could do just like Labour don't and the conservatives don't but something needs to be done now and I will remind you Labour are in power and are the ones that need to show some leadership, so please don't keep deflecting Labours (for the next 50 months) responsibility.
You want the navy to sit in French territorial waters?
Like an invasion.
 
Labour are destroying the UK.


The UK economy has recorded the fastest quarterly growth in the G7, an economist has told Sky News.

Simon French, chief economist at Panmure Liberum, said the figures were "good" and the "major takeaway" today was that the City will be upgrading its growth expectations for the year as a result.
 
Labour are destroying the UK.


The UK economy has recorded the fastest quarterly growth in the G7, an economist has told Sky News.

Simon French, chief economist at Panmure Liberum, said the figures were "good" and the "major takeaway" today was that the City will be upgrading its growth expectations for the year as a result.
And yet, all they talk about is how shit everything is and whatever Farage wants them to talk about. It’s actually unfathomable how bad they are at politics.
 
And yet, all they talk about is how shit everything is and whatever Farage wants them to talk about. It’s actually unfathomable how bad they are at politics.

Not really, they've said little about immigration since being in power but as soon as they do they get jumped on from all sides - so they can't win. such is politics.
 
Labour are destroying the UK.


The UK economy has recorded the fastest quarterly growth in the G7, an economist has told Sky News.

Simon French, chief economist at Panmure Liberum, said the figures were "good" and the "major takeaway" today was that the City will be upgrading its growth expectations for the year as a result.


It's certainly good news that the economy is doing better than anticipated.

The less well off in society mostly don't give a shit.
Not being able to see a doctor,dentist, the state of the roads and a myriad of other things, without mentioning immigration are more at the forefront.
Hence Brexit,Boris Johnson
being p.m,Reform becoming more popular etc.
 
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Not really, they've said little about immigration since being in power but as soon as they do they get jumped on from all sides - so they can't win. such is politics.
Well, they could stop trying to ‘get tough on immigration’ and start with linking everything back to Brexit and Farage.
It doesn’t take a genius to understand that, pre Brexit, we had lots of temporary workers who came here from Europe and then went away again. Most were young and fit and never went near the NHS. We’ve managed to replace them with people who not only are likely to stay forever, but who are bringing extended family members with them (to be expected if you’re employing people as ‘carers’ to be fair). Do you ever hear that from them? No, all you get is ‘Brexit is settled’, ‘smash the gangs’, ‘quotas’ and, best of all, ‘there’s no money’.

They’re so lacking in positivity that if you won the lottery and Starmer or Reeves came round to tell you, you’d likely top yourself…..
 
Yes the green belt around London, unfortunately the penalty you pay for solely investing in the South East. Interesting with the article you posted is that its exactly as I thought, the more upmarket areas wont play ball and will just block it.

Regarding the construction at Battersea, maybe you missed the massive tower blocks on St George's Wharf and at Nine Elms about 500m down the embankment from Battersea Power Station, but they are fine because they have multi million pound penthouse apartments, owned by the likes of Elton John and Russian oligarchs. Maybe they are just far enough away from the croquet lawns and tennis courts at the Hurlingham Club that they cant be seen ?

Building to Oxford, really ? Nothing like the poor use of hyperbole, you should know you need to at least make it broadly realistic. Im waiting for you to break into Jerusalem, full on last night of the proms style and talking about green and pleasant lands.

Building in the north is fine assuming you also bring high paying and six figure jobs, world class public transport and investment in other public facilities as you build the houses. Thats the quid pro quo; unfortunately as always it will be done in the cheap, just like the tram network in Manchester which was using technology 20yrs out of date when it was being built. Or the scaled back "Northern Power House" or whatever the latest political, three word soundbite name they are using, which the current government wants to cut spending on as part of the review (one of the unprotected budgets).

Yours Sincerely
Mr Thoroughly Fucked Off Northerner :-)
I presume every council has a policy (explicit or assumed) about where and how high towers may go.

If your contention is that the North is disadvantaged because housing demand is higher in the south, that's just part of the self-perpetuating reality of the pull of London.

Developers will go for highest profit, governments will say you must provide "affordable" homes, and developers will plead "viability".

The previous government scuppered NPR, by scrapping HS2 to Crewe and Manchester. NPR relied on sharing the HS2 infrastructure from High Legh into Manchester (and even then it was not a great business case). £17bn was a Tory fiction - there's no way it would fund new platforms at Piccadilly (let alone another £4bn for Burnham's subsurface station), 7 miles of tunnel under south Manchester, then another 30 miles of new or converted railway to Liverpool with 3 motorway crossings and over the Ship Canal, revamping Warrington Bank Quay, and the two new stations Mayor Rotheram wants in Liverpool), plus an airport station that was always to be privately funded - and all to have a Liverpool-Manchester journey time slower than Lime St - Victoria now.

I suspect we're actually on the same hymnsheet about infrastructure spending in London. Who can forget this benefit from cancelling HS2 to the North?
 

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