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lse:lloy

#3726

FIAT - hi

So - your posts will have no practical effect then.
I suppose the ‘displacement activity’ gives you something to do
JAR


#3727

So what. i am not trying to stop Brexit with these posts. I am simply commenting on the likely consequences of Brexit Your responses will not deter me from discussing this.

Frog in a tree


#3728

FIAT - hi

I’m sure the other Remainers will carry on doing the same displacement activity as you to keep each other happy (or is it miserable?).
Tick… Tock…
JAR


#3729

JW - hi

This will help m8 :laughing:

’Oh Rebecca Long-Bailey’

Jeremy Corbyn’s hard-left protege Rebecca Long-Bailey takes a shock five point LEAD over centrist Keir Starmer in Labour leadership race, new poll shows
Hard-left Corbynite Rebecca Long-Bailey is in the lead for the Labour leadership
She is the leading choice of figures such as John McDonnell and Diane Abbott
The survey stated that if an election took place she would win with 42 per cent
By DANIEL MARTIN POLICY EDITOR FOR THE DAILY MAIL
PUBLISHED: 22:03, 15 January 2020 | UPDATED: 00:23, 16 January 2020

The good news keeps on coming
JAR


#3730

Everyday…

…we hear news, that isn’t always as bad as we were led to believe.


#3731

Trisco - hi

Agree m8. In the remainers parallel universe … good news is bad news.
Tick… Tock…
JAR


#3732

No it wasn’t. No other country in the world required you to pay for a license for owning a TV. It was a joke then, it is unbelievable today.

Typical Tory. Tax, Tax, Tax., the more regressive the better.


#3733

Are you really pretending the RICS index wasn’t down 12% in December?


#3734

Oh yes you are. What a short-sighted idiot.


#3735

No.

I’m highlighting a report showing an improvement to the housing market, following the election. Given the uncertainty over how Brexit would pan out, or who would form a Government after the election, it’s of little surprise the housing market was massively subdued in the latter half of 2019.

However, that has now passed, 2019 is now history, and RICS are reporting what appears to be some positive news. No need for anyone to get carried away, least of all Brexiteers, but if you want to rubbish it, discredit it, or turn your nose up then carry on.

This is the Everyday thread - a thread designed to publish bad news stories about Brexit.

I thought I’d publish a positive one.

I must say, I’m rather shocked that you’d jump to find fault.


#3736

Eadwig - good morning

As selective and blinkered as usual I see.
I referred to the BBC (the clue if it helps your comprehension deficit), is that it stands for the British Broadcasting Corporation.
The examples I subsequently gave were of competitive companies it now faces in the UK.
Good to see that you (apparently) think that the ‘tax’ (aka licence fee) the BBC receives is wrong - and always has been!
No other country in the world required you to pay for a license for owning a TV. It was a joke then, it is unbelievable today.
Typical Tory. Tax, Tax, Tax., Wrong again m8- as a Conservative I want to reduce taxation.
A good start is to abolish the BBC (just to remind you again British ) License Fee
JAR


#3737

Everyday…

…we hear of how Brexit is damaging our car industry. Here is another story about how how seriously damaged the industry is and about the weakness of government action to protect it.

Frog in a tree


#3738

Using the GOVS figures shows BOJOs deal will be even worse than Mays… and they think theyve won something ??


#3739

only an improvement over the previous historically terrible month.

However, the real torpedo already in the water is the growing proportion of new mortgages reported are actually equity release mortgages.

The bank of mom and dad is taking back their own cash and letting their kids rent instead. Typically selfish of the Brexit voting generation.

Just as all that cheap ex-farm land is about to come on the market as well.

What is that going to do to the housing market given that the builder’s land banks were bought at prices which may very soon be deeply undermined?


#3740

Why are you so hell bent on rubbishing a positive report? Why can’t you take it for what it was - indicating that there has been improvement in the house buying market?

For clarity, I didn’t link those posts to say how wonderful the world is, more that things aren’t as bad as predicted on this board.

One of the reports I linked up was with regard the house buying market and therefore nothing to do with Equity Release - which is a completely different product. So no torpedo in that report.

No. Simply not true. The housing market, over the last 20 odd years, has ballooned to the point where some cities are simply unaffordable for people early in their careers and unless the bank of Mum and Dad is awash with cash then they can’t help. Absolutely nothing to do with selfish Brexit voting generation.

Take this @Eadwig

https://www.zoopla.co.uk/house-prices/london/

The average house price for a flat, in London, according to Zoopla, is £497k. Assuming an 80% mortgage, then Bank of Mum and Dad would need to provide £100k (ignoring associated fees). If they have more than one child, then it’s crippling - and all that assumes that their child can borrow £400k, meaning they’d need to earn £100k!

What on earth has that to do with the selfish Brexit Voting Generation? This has been going on way before the Referendum.

And if Brexit is going to be as bad as you reckon, then house prices will fall and become more affordable to a generation that was previously priced out.

But hang on, what’s going?


#3741

Read the reports your posting up, its obvious enough.

100% due to Brexit, or are you going to argue now we’d have been having an election in December as a matter of course?


#3742

so has the generation, you tit. they;re still the same people. set of idiots

https://www.dur.ac.uk/business/research/case-studies/uk-equity-release/


#3743

You’ll have to edit that sentence. All over the shop, @Eadwig.

That link does nothing to argue your point about an improvement in the housing market. The case study has nothing to do with Brexit, more ticking time bomb with regard Equity Release. He may have a point, but what that has to do with “selfish Brexit Voting Generation” I’ve no idea.

:confused: :confused: :confused: :confused: :confused:


#3744

I refer you to my comments about ‘the bank of mom and dad’

You appear to be looking at one single month’s figures and purposely posting misleading rubbish

Here is the truth of the RICS monthly house price survey that you say is such good news.

Jan. 16, 2020 -2%
Dec. 12, 2019 -12%
Nov. 14, 2019 -5%
Oct. 09, 2019 -2%
Sep. 11, 2019 -4%
Aug. 07, 2019 -9%
Jul. 10, 2019 -1%


#3745

Says the man who posted a link about a case study in equity release, with absolutely zero reference to Brexit, political uncertainty, the UK housing market, or RICs figures, to back up his weak argument!

But regardless, you are right I do appear to be looking at one single month’s figures, and I reckon you worked that out by simply reading what I wrote in post 3735:

I also caveated that by saying

10/10 comprehension skills. :clap:t6::clap:t6::clap:t6:

Chill out, man. You’re sound all het up.

Sales expectations had “risen sharply”, the Royal Institution of Chartered Surveyors (RICS) said.
House sales rose last month for the first time in seven months, boosted by higher activity in London and the South East of England.

“The signals from the latest RICS survey provides further evidence that the housing market is seeing some benefit from the greater clarity provided by the decisive election outcome,” said Simon Rubinsohn, RICS chief economist.

If Estate Agents are seeing an uplift in January, given the archaic housing buying process in the UK, the actual sales won’t take place until Feb or March at the earliest and will then filter down into the RICs figures at that point.

But I guess you knew all that, as you sound like a huge expert on this topic.