Don't they realise that politics is probably all they are fit for? Take the case of George Osborne now forced to take the shilling of the ex Russian spy, Lebedev.
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| Click on image for some commonsense |
The foolish, unworldly old don in charge of Osborne was over young George like a cheap suit little suit praising his Einstein-like subtle mind!
Well, there was nothing subtle about Osborne's clumsy muddling with the London property market.
The hike in Stamp Duty reduced tax revenues and rather than cooling the market put it into deep freeze with a huge impact on the local economy as Borwick's letter to the Telegraph explains.
Still, Osborne is OK: he collecting a million a year and has just bought a £3.5 m chalet in Courchevel to entertain his Russian friends.
Our political class is a bunch of spivs.....
Did I miss something? I thought lower house prices is the first step to making London prices more affordable for normal families! Surely George Osborne's tax should be doubled.......
ReplyDeleteIs Borwick the MP again?
DeleteThe Dame, perhaps foolishly, assumes that someone will take any note of the don's ramblings. Re: bunch of spivs? what's new... just look at Brexit and what goes on with that..
ReplyDeleteCourcheval is CRAWLING with Russians of the worst sort. Cyprus is bad with them but Courcheval is infected
ReplyDeleteHawkeye, dear? It's been 35 years since Prime C. London was affordable for 'normal families'. What planet are you from?
ReplyDeleteFiddling with stamp duty does nothing to help 'normal' London families but what will always be multi million pound property; NY all the global cities are similarly affected. All the stamp duty rise has done is bash the local economy and jobs by killing liquidity
Builder - a lesson in economics for you. Sky high prices at the top end drag up prices lower down. If the top prices get crushed then the lower prices follow too. Low level buyers do not pay stamp duty.
DeleteSo, explain why prices lower down have not moved much?
DeleteSupply and demand. We are not building enough houses. Build houses and the price will come down - especially if the Government encourages the use of brownfield land and frees up parts of the greenbelt so that stratospheric land costs elsewhere are bypassed. And if the top end costs are controlled or reduced then this all acts towards creating a socially acceptable model for housing cost.
DeleteGet it?
A simple solution from a simple man...
DeleteLet's cover the entire green belt with housing then....dimwit. As for brownfield sites? There are few left
Do you want houses for people or green fields for walking dogs?
DeleteWe are having to accommodate too many incomers from third world countries-that causes the pressure on housing and so NO I don't want to sacrifice our greenfields to house people we neither need nor want. Got it?
DeleteDear Anonymous
DeleteThe Flat Earth Society expired many moons ago. We have full employment in the UK and the only way for the economy to grow and produce funds for things like the NHS is to find more people to work and help it grow. There is an abundance of money and technology. Workers is the limiting resource. So we need MUCH MORE immigration. Even if this means that nasty people move in next door to you. Your solution is to work hard, climb up the ladder, and move to Kensington.
Do you have it in you?
Hawke Eye....our resident billionaire entrepreneur!
DeleteIn a few years time AI will render the majority of traditional manufacturing jobs redundant. Even bricks will be laid by machine. When that revolution gears up we will find we have millions of workers with FA to do. We are a small country with finite resources: we don't need our land colonised by those who can hardly speak English and who are ill educated they are fit for little else than street cleaning. The only immigrants we need are highly educated ones.
My Dear
DeleteYou have been watching too many Walt Disney movies.
Hawkeye....the sweet, doddering old socialist luddite!
Delete@Hawke Eye13 March 2019 at 19:51
DeleteYour comment is idealistic. All of this crisis is happening by design. If the government wants to solve the problem, theY will but they haven't been which means that there is another agenda. Social tenants who are on the housing register are sent to places like Bradford. They want to socially cleanse and build ghetto cities. WAKE UP!
I thought that Borwick was a Times reader. Very sad to learn that she takes the Telegraph. So VERY middle class.
ReplyDeleteI hope she does not read the Mail.
Most people in politics read most papers: class has little to do with it, Dimwit Dear
DeleteWoof, woof
DeleteOsborne is young and ambitious. He will be back. He thinks he is Leadership material but he is not. This little detail needs to be worked on.
ReplyDeleteHow is this possible? They are not supposed to be able to sell it in days. Why BBC is allowed to report a conspiracy/FAKE news.
ReplyDelete"A former council tenant bought their home under Right to Buy for £8,000 and sold it on for £285,000 nine days later - a £277,000 profit, the BBC found."
https://www.bbc.co.uk/news/uk-47443183
Bearing in mind, forgot the number but the first time buyers in our borough was very low.
DeleteInteresting that there are more profits in Camden or Islington than Hammersmith & Fulham. They didn't include the stats of our borough.
Delete