View Full Version : WHY CORBYN WILL RUIN THE UK No. 1
kirklancaster
09-03-2018, 11:45 PM
Corbyn is as TRANSPARENT as glass and KNOWS exactly what he is doing.
His aim is to DESTROY the United Kingdom as it is, but - as others have pointed out - because his old arrogant method of being open about his terrorist sympathies, his full blown-Marxist ideology and his REAL political agenda, have reaped him only derision, failure, and ostracisation, he is now TRYING to gain a position of power by stealth as a 'changed man'.
If Corbyn DOES get into No. 10 - God Forbid It - the UK is DOOMED.
This is NOT scare-mongering. It Is FACT.
I cannot go into full detail here, but let us take this devious idiot's plan to extend the Council House tenant's 'Right To Buy' scheme to the Private Rented Sector.
He aims to legislate to force Private Landlords to sell their properties to tenants at a hugely discounted Below Market Value rate.
This follows his other threat to invoke numerous other legislation against Private Landlords one of which is to compel landlords to accept people in receipt of state benefits.
This cretin spouts that such legislation would help reduce the housing shortage: “I believe this idea could open up the possibility of real secure housing for many currently faced with insecurity and high rents.”
Hundreds applaud Corbyn as he spouts this drivel because they are gullible and believe the 'Utopia' he emptily promises to deliver to them, and they just do not perceive that Corbyn's policies will have THE VERY OPPOSITE EFFECT of that which he is claiming.
The majority of the 2 million plus Private Landlords in the UK, who are already besieged by punitive and UNFAIR legislation which UNFAIRLY PROTECTS the most despicable of non-rent paying, property-trashing tenants, will put a large percentage of their 5 million plus Rental Properties up for sale 'en masse' if Corbyn gets into number 10.
And as these properties go on the market, it will be FLOODED with SUPPLY outstripping DEMAND, or rather SUPPLY outstripping MORTGAGEABILITY, because demand is ALWAYS present but being able to secure the finance necessary to realise that demand is and always has been, the problem for the majority of 'would-be' First Time Buyers.
And THAT problem will be even greater come any property crash because lenders tighten up their lending criteria in such adverse conditions and it becomes virtually impossible to secure mortgages for all but the more 'well-off' applicants.
So, YES, a few of the more well-off who have savings, good income levels, and 'Triple-A' Credit Ratings may well capitalise, but THEY are in the MINORITY and a property crash will do ZILCH for the lower income groups, needy, and those on benefits - the VERY people Corbyn professes to want to help.
But it gets worse, because not only will the above groups NOT be able to BUY one of all those MILLIONS of extra properties now dumped onto the market, they will now be HOMELESS, because if they were tenants of one of these now for sale properties they will have been evicted under Section 21, and as Corbyn’s policies will have GREATLY exacerbated the already existing serious Housing Crisis, WHO will now rehouse all these unfortunate people?
There is already a seriously ACUTE SHORTAGE of accommodation to house our homeless as Council House building is virtually non-existent, and Housing Associations are now being FORCED to allow tenants the Right To Buy thus depleting their stocks.
MOST Private Landlords are decent, fair, and honest people who for decades have - through their OWN initiative and often sacrifices - PROVIDED good accommodation at reasonable rents to house 'normal' renters as well as the low-paid, homeless AND underprivileged; ALL whom have been NEGLECTED and UNCATERED FOR by EVERY Government since Margaret Thatcher first depleted Council Housing stocks nationwide by introducing the original ‘Right to buy’.
However, the very WORST fact about Corbyn’s planned housing policies is that – not for the first time - the Labour Party will have punished the poor and underprivileged people whom they claim to represent, and rewarded the mega-wealthy individuals and corporations which they are supposedly opposed to.
(The Private Finance Initiative adopted from the Tories by slime-ball Blair in 1979 HANDED THE NHS over to the PRIVATE SECTOR MEGA RICH CORPORATIONS and TRUSTS and THAT is when the NHS was PRIVATISED to all intents and purposes.
SO thanks to another Labour government, after 20 years of paying exorbitant interest rates, the NHS is STILL paying off the ‘loans’ at a rate of £3,700 EVERY SINGLE MINUTE of EVERY SINGLE DAY!!! But that’s another post)
And here is WHAT WILL HAPPEN if Corbyn executes his ‘Right To Buy’ policies;
Once the Property Market is saturated, sales slow down, and consequently, prices are reduced by all those ‘Motivated ex-Landlord sellers.
WHO will step in to mop up all these ‘Bargain-Basement’ properties?
The very same MEGA RICH CORPORATIONS, SPECULATORS (British AND Foreign) who have added to their immense wealth by exploiting EVERY Property Crash there has ever been in this country (and others).
Every Stock Market, every Property Market, has ‘Cyclic ‘Peaking and Troughing’ - a time when all speculators rich or not so rich CAN increase their wealth.
THAT is NOT what I am talking about here.
I am talking – from Direct Personal Experience - about entire portfolios of 200 to 300 properties or more (repossessions usually) being sold at Auction during Property Crashes and bought by ‘Cash-Rich’ Corporations for PEANUTS, only for them to sit on them until the Market recovers (as it ALWAYS does eventually) when they are then sold off at their recovered Market Values for massive profits or let to tenants or a combination of both.
Finally, remember, that Property Crashes are often the precursor to RECESSION.
I could go on but will spare you.
I have WARNED you that if Corbyn gets into Downing Street his policies will plunge the UK into chaos and recession and any benefit which a tiny minority of the underprivileged - which he purports to represent - may enjoy, will not only be to the detriment of the vast majority but also be SHORT-LIVED.
Smithy
10-03-2018, 12:00 AM
Well not really, but whatever keeps you happy I guess
Cherie
10-03-2018, 12:02 AM
Well not really, but whatever keeps you happy I guess
have you a rebuttal to each and every point? if you don't then your post is null and void
you asked another member this morning if they did their research...
kirklancaster
10-03-2018, 12:17 AM
You might have the time to write lengthy such posts, i on the other hand, do not :xyxwave:
And regarding a post being null and void if it doesn’t rubbtal every point, I guess that nmakes most of your posts null and void :(
You have added nothing to THIS post by way of discussion or debate. You waving 'bye bye' is no loss.
:wavey:
Smithy
10-03-2018, 12:18 AM
You add nothing to any discussion or debate. You waving 'bye bye' is no loss.
:wavey:
You literally haven’t been here for over a year so please take a seat before telling me what I do and don’t contribute :)
kirklancaster
10-03-2018, 12:23 AM
have you a rebuttal to each and every point? if you don't then your post is null and void
you asked another member this morning if they did their research...
Thank you Cherie.
You know by now that I believe in what I write, and despite some initial hostility or opposition by some to my posts - as time passes, I have often been proved right.
There is another l-o-n-g post :hee: coming from me about PFI and the REAL reasons why the NHS is struggling, and THAT will probably elicit similar responses from some, but that's fine.
kirklancaster
10-03-2018, 12:30 AM
You literally haven’t been here for over a year so please take a seat before telling me what I do and don’t contribute :)
Yes, you are right. I have amended my post.
Oliver_W
10-03-2018, 12:36 AM
Obviously he's the worst choice out of the feasible possibilities, but to say he'd ruin the UK is just hyperbolic.
kirklancaster
10-03-2018, 12:48 AM
Obviously he's the worst choice out of the feasible possibilities, but to say he'd ruin the UK is just hyperbolic.
Could you expound Oliver?
I believe wholeheartedly that if Corbyn comes to power, that he will ruin the UK compared to as it is now because he will achieve nothing of any note or permanency by way of helping the needy and underprivileged but will instead compound their suffering - for the reasons given - and by (as I said) plunging the UK into chaos and recession. But why do you regard any of that as that as hyperbole?
user104658
10-03-2018, 01:06 AM
If we've learned anything over the last two years it's that the PM doesn't have absolute power or... really... any power at all without the backing of parliament. Cameron didn't want Brexit and yet was powerless to stop it. T. May has failed miserably to do much AT ALL, of anything. So, what he would LIKE to do and what he would really ever get passed through government are two completely separate things. That's why it's a bit out of proportion, for me. Realistically - I don't think he would ever get this "right to buy for private tenants" thing off the ground.
Corbyn is as TRANSPARENT as glass and KNOWS exactly what he is doing.
His aim is to DESTROY the United Kingdom as it is, but - as others have pointed out - because his old arrogant method of being open about his terrorist sympathies, his full blown-Marxist ideology and his REAL political agenda, have reaped him only derision, failure, and ostracisation, he is now TRYING to gain a position of power by stealth as a 'changed man'.
If Corbyn DOES get into No. 10 - God Forbid It - the UK is DOOMED.
This is NOT scare-mongering. It Is FACT.
I cannot go into full detail here, but let us take this devious idiot's plan to extend the Council House tenant's 'Right To Buy' scheme to the Private Rented Sector.
He aims to legislate to force Private Landlords to sell their properties to tenants at a hugely discounted Below Market Value rate.
This follows his other threat to invoke numerous other legislation against Private Landlords one of which is to compel landlords to accept people in receipt of state benefits.
This cretin spouts that such legislation would help reduce the housing shortage: “I believe this idea could open up the possibility of real secure housing for many currently faced with insecurity and high rents.”
Hundreds applaud Corbyn as he spouts this drivel because they are gullible and believe the 'Utopia' he emptily promises to deliver to them, and they just do not perceive that Corbyn's policies will have THE VERY OPPOSITE EFFECT of that which he is claiming.
The majority of the 2 million plus Private Landlords in the UK, who are already besieged by punitive and UNFAIR legislation which UNFAIRLY PROTECTS the most despicable of non-rent paying, property-trashing tenants, will put a large percentage of their 5 million plus Rental Properties up for sale 'en masse' if Corbyn gets into number 10.
And as these properties go on the market, it will be FLOODED with SUPPLY outstripping DEMAND, or rather SUPPLY outstripping MORTGAGEABILITY, because demand is ALWAYS present but being able to secure the finance necessary to realise that demand is and always has been, the problem for the majority of 'would-be' First Time Buyers.
And THAT problem will be even greater come any property crash because lenders tighten up their lending criteria in such adverse conditions and it becomes virtually impossible to secure mortgages for all but the more 'well-off' applicants.
So, YES, a few of the more well-off who have savings, good income levels, and 'Triple-A' Credit Ratings may well capitalise, but THEY are in the MINORITY and a property crash will do ZILCH for the lower income groups, needy, and those on benefits - the VERY people Corbyn professes to want to help.
But it gets worse, because not only will the above groups NOT be able to BUY one of all those MILLIONS of extra properties now dumped onto the market, they will now be HOMELESS, because if they were tenants of one of these now for sale properties they will have been evicted under Section 21, and as Corbyn’s policies will have GREATLY exacerbated the already existing serious Housing Crisis, WHO will now rehouse all these unfortunate people?
There is already a seriously ACUTE SHORTAGE of accommodation to house our homeless as Council House building is virtually non-existent, and Housing Associations are now being FORCED to allow tenants the Right To Buy thus depleting their stocks.
MOST Private Landlords are decent, fair, and honest people who for decades have - through their OWN initiative and often sacrifices - PROVIDED good accommodation at reasonable rents to house 'normal' renters as well as the low-paid, homeless AND underprivileged; ALL whom have been NEGLECTED and UNCATERED FOR by EVERY Government since Margaret Thatcher first depleted Council Housing stocks nationwide by introducing the original ‘Right to buy’.
However, the very WORST fact about Corbyn’s planned housing policies is that – not for the first time - the Labour Party will have punished the poor and underprivileged people whom they claim to represent, and rewarded the mega-wealthy individuals and corporations which they are supposedly opposed to.
(The Private Finance Initiative adopted from the Tories by slime-ball Blair in 1979 HANDED THE NHS over to the PRIVATE SECTOR MEGA RICH CORPORATIONS and TRUSTS and THAT is when the NHS was PRIVATISED to all intents and purposes.
SO thanks to another Labour government, after 20 years of paying exorbitant interest rates, the NHS is STILL paying off the ‘loans’ at a rate of £3,700 EVERY SINGLE MINUTE of EVERY SINGLE DAY!!! But that’s another post)
And here is WHAT WILL HAPPEN if Corbyn executes his ‘Right To Buy’ policies;
Once the Property Market is saturated, sales slow down, and consequently, prices are reduced by all those ‘Motivated ex-Landlord sellers.
WHO will step in to mop up all these ‘Bargain-Basement’ properties?
The very same MEGA RICH CORPORATIONS, SPECULATORS (British AND Foreign) who have added to their immense wealth by exploiting EVERY Property Crash there has ever been in this country (and others).
Every Stock Market, every Property Market, has ‘Cyclic ‘Peaking and Troughing’ - a time when all speculators rich or not so rich CAN increase their wealth.
THAT is NOT what I am talking about here.
I am talking – from Direct Personal Experience - about entire portfolios of 200 to 300 properties or more (repossessions usually) being sold at Auction during Property Crashes and bought by ‘Cash-Rich’ Corporations for PEANUTS, only for them to sit on them until the Market recovers (as it ALWAYS does eventually) when they are then sold off at their recovered Market Values for massive profits or let to tenants or a combination of both.
Finally, remember, that Property Crashes are often the precursor to RECESSION.
I could go on but will spare you.
I have WARNED you that if Corbyn gets into Downing Street his policies will plunge the UK into chaos and recession and any benefit which a tiny minority of the underprivileged - which he purports to represent - may enjoy, will not only be to the detriment of the vast majority but also be SHORT-LIVED.
I detest the thought of Corbyn in power for other reasons, but your post makes perfect sense and it is chilling to read. Apart from my own serious reservations about the man, I'm learning more and more every day about this anti - British, Marxist loose cannon and his dangerous agenda's and what he hopes are his future policies.
Thanks for a very interesting post!
jaxie
10-03-2018, 04:46 AM
You literally haven’t been here for over a year so please take a seat before telling me what I do and don’t contribute :)
There isn't any forum rule that states being absent makes your points less valid.
I think you make a lot of good points in your post Kirk. And a policy of forcing people who have purchased and rented out a property to sell for a shoestring is never going to work out. It sounds like a lazy plan to force someone else to deal with the problem by putting them out of pocket rather than tackling it properly. What incentive would there be for anyone to rent out a property if you could be forced to sell it to tenants for peanuts and without private landlords where do all the people who need to rent for whatever reason live?
Mystic Mock
10-03-2018, 06:11 AM
Obviously he's the worst choice out of the feasible possibilities, but to say he'd ruin the UK is just hyperbolic.
Tbh it's all from perspective I think between May and Corbyn on who is worse, for me personally I just believe that Corbyn won't do anything to fix the issues in this country, where as May and her party are creating issues for this country (I know some see them as good ideas) but to me and alot of the population the Tories are coming up with bad policies which is to me worse than Corbyn and Labour who just tend to not really do any radical ideas when they've been in office. They just always seemed to be there which is probably a good thing as it means that they're not getting in my way.
Thank you Cherie.
You know by now that I believe in what I write, and despite some initial hostility or opposition by some to my posts - as time passes, I have often been proved right.
There is another l-o-n-g post :hee: coming from me about PFI and the REAL reasons why the NHS is struggling, and THAT will probably elicit similar responses from some, but that's fine.
Can you make a 2nd one where there isnt so many big words àll crammed together:umm2:
Kazanne
10-03-2018, 07:49 AM
Thank you Cherie.
You know by now that I believe in what I write, and despite some initial hostility or opposition by some to my posts - as time passes, I have often been proved right.
There is another l-o-n-g post :hee: coming from me about PFI and the REAL reasons why the NHS is struggling, and THAT will probably elicit similar responses from some, but that's fine.
You only get that sort of reply Kirk when said person has no clue how to answer,people really should remember what they have said to others regarding posts, remarks like that offer nothing to a debate other than sniping for no reason,your post was factual and interesting but no doubt too long for some to read and digest..:wavey:
Brillopad
10-03-2018, 09:33 AM
have you a rebuttal to each and every point? if you don't then your post is null and void
you asked another member this morning if they did their research...
My thoughts exactly Cherie. You beat me to it ! :laugh:
Withano
10-03-2018, 09:55 AM
I feel like the thread only means something to those who thinks that the country isn't ruined as we speak? So I'm not sur what type of discussion you were hoping for.
Crimson Dynamo
10-03-2018, 10:27 AM
I feel like the thread only means something to those who thinks that the country isn't ruined as we speak? So I'm not sur what type of discussion you were hoping for.
Yes its "on its knees" :rolleyes:
user104658
10-03-2018, 10:32 AM
... Anywho... On the actual topic of private rental markets; I think the idea that landlords should ever be FORCED to sell is ridiculous (and again, it would never get through parliament so even if Corbyn does get in, and does want it, its moot point) however I'm not against the idea of rent control - e.g. I believe that once a long-term rental property has been rented out, then the landlord should only be able to raise the rent in that property in line with inflation while those tenants are there. Also, I believe that if a landlord does choose to "sell up", the resident of the property should be given the opportunity to buy based on an independent valuation before the property goes to the open market. I also believe there should be strict controls on when a tenancy can be ended; i.e. Never on a "whim" or personal dislike, it should only be allowed if either A) The landlord will no longer be renting out the property at all (for example, selling up or living there themself) or B) there is a good specific, provable legal reason (for example, tenants mistreating or damaging the property, using it for illegal activities etc.)
Basically I believe that all people have the right to a secure home even in the private rental market. With more and more people living in private rents, I do think the system needs a but of tinkering.
Again, though, not forcing people to sell up their assets... That's just nonsense. But nonsense that won't happen unless something dramatically changes with how our parliament works, so not worth worrying about.
user104658
10-03-2018, 10:33 AM
Yes its "on its knees" :rolleyes:Mouth agape, eyes propped open with matchsticks, Trump towering above with orange cock in tiny hand. :worry:
Twosugars
10-03-2018, 11:26 AM
Mouth agape, eyes propped open with matchsticks, Trump towering above with orange cock in tiny hand. :worry:
:joker::joker:
Kizzy
10-03-2018, 12:15 PM
This is all the prophesy of doom... We don't know how socialist policies will play out as we haven't experienced them yet, this just smacks of fear mongering. I see you have the interests of the private landlord at heart as it encompasses the majority of your post.
The good landlords are not the ones who will be targeted, however slum landlords do exist there was legislation proposed to help people living in slum conditions and force landlords to make their properties fit for human habitation...it was voted down by the conservatives.
Rents too are not fair which is why we are seeing people subletting and living 10 to a room in some areas this too needs addressing.
I fail to see how a shift to the left would be so detrimental even the business markets are crying out for McDonnell now.
Socially, economically and financially how could we be any worse off... We aren't exactly living in the land of milk and honey at the mo are we?
The underprivileged are suffering, the rest of us aren't doing that great either are we?
The right to buy for the rented sector is a good idea, if it benefits both tenant and landlord, there would be no 'forced sale'.
''Right to buy in the private sector would be limited to tenants in properties which are at least 25 years old and which they had lived in for several years. This would ensure that investors were not deterred from buying new properties to rent out.
Saunders cites an example of a tenant in a private rented property outside London that had been bought by a private landlord 12 years ago for £200,000, and which had increased in value to £400,000. The tenant, under the plan, would be entitled to a 35% discount, worth £140,000, as long as he or she had occupied it for several years.
However, the maximum discount would be capped at £77,900 (the same maximum applies to sales of social housing) so the house would be sold to the tenant for £322,100. This would give the landlord a taxable capital gain of £122,100. But the capital gains tax (CGT) concession would reduce the sum liable to tax to £44,200. The landlord would therefore end up paying CGT of £9,268 – leaving a post-tax capital gain of £112,832 on the original investment of £200,000. Saunders adds: “Even if a tenant qualifies for a maximum discount of £77,900 (or £103,900 in London), these landlords will still enjoy handsome capital gains if they are obliged to sell. The discounts they would have to offer to their tenants would merely share out some of the windfall gains they have been making over the last decade or two.”
https://www.theguardian.com/society/2016/jun/11/jeremy-corbyn-right-to-buy-plan-backed-by-thinktank
icecakes
10-03-2018, 12:32 PM
Corbyn is as TRANSPARENT as glass and KNOWS exactly what he is doing.
His aim is to DESTROY the United Kingdom as it is, but - as others have pointed out - because his old arrogant method of being open about his terrorist sympathies, his full blown-Marxist ideology and his REAL political agenda, have reaped him only derision, failure, and ostracisation, he is now TRYING to gain a position of power by stealth as a 'changed man'.
If Corbyn DOES get into No. 10 - God Forbid It - the UK is DOOMED.
This is NOT scare-mongering. It Is FACT.
I cannot go into full detail here, but let us take this devious idiot's plan to extend the Council House tenant's 'Right To Buy' scheme to the Private Rented Sector.
He aims to legislate to force Private Landlords to sell their properties to tenants at a hugely discounted Below Market Value rate.
This follows his other threat to invoke numerous other legislation against Private Landlords one of which is to compel landlords to accept people in receipt of state benefits.
This cretin spouts that such legislation would help reduce the housing shortage: “I believe this idea could open up the possibility of real secure housing for many currently faced with insecurity and high rents.”
Hundreds applaud Corbyn as he spouts this drivel because they are gullible and believe the 'Utopia' he emptily promises to deliver to them, and they just do not perceive that Corbyn's policies will have THE VERY OPPOSITE EFFECT of that which he is claiming.
The majority of the 2 million plus Private Landlords in the UK, who are already besieged by punitive and UNFAIR legislation which UNFAIRLY PROTECTS the most despicable of non-rent paying, property-trashing tenants, will put a large percentage of their 5 million plus Rental Properties up for sale 'en masse' if Corbyn gets into number 10.
And as these properties go on the market, it will be FLOODED with SUPPLY outstripping DEMAND, or rather SUPPLY outstripping MORTGAGEABILITY, because demand is ALWAYS present but being able to secure the finance necessary to realise that demand is and always has been, the problem for the majority of 'would-be' First Time Buyers.
And THAT problem will be even greater come any property crash because lenders tighten up their lending criteria in such adverse conditions and it becomes virtually impossible to secure mortgages for all but the more 'well-off' applicants.
So, YES, a few of the more well-off who have savings, good income levels, and 'Triple-A' Credit Ratings may well capitalise, but THEY are in the MINORITY and a property crash will do ZILCH for the lower income groups, needy, and those on benefits - the VERY people Corbyn professes to want to help.
But it gets worse, because not only will the above groups NOT be able to BUY one of all those MILLIONS of extra properties now dumped onto the market, they will now be HOMELESS, because if they were tenants of one of these now for sale properties they will have been evicted under Section 21, and as Corbyn’s policies will have GREATLY exacerbated the already existing serious Housing Crisis, WHO will now rehouse all these unfortunate people?
There is already a seriously ACUTE SHORTAGE of accommodation to house our homeless as Council House building is virtually non-existent, and Housing Associations are now being FORCED to allow tenants the Right To Buy thus depleting their stocks.
MOST Private Landlords are decent, fair, and honest people who for decades have - through their OWN initiative and often sacrifices - PROVIDED good accommodation at reasonable rents to house 'normal' renters as well as the low-paid, homeless AND underprivileged; ALL whom have been NEGLECTED and UNCATERED FOR by EVERY Government since Margaret Thatcher first depleted Council Housing stocks nationwide by introducing the original ‘Right to buy’.
However, the very WORST fact about Corbyn’s planned housing policies is that – not for the first time - the Labour Party will have punished the poor and underprivileged people whom they claim to represent, and rewarded the mega-wealthy individuals and corporations which they are supposedly opposed to.
(The Private Finance Initiative adopted from the Tories by slime-ball Blair in 1979 HANDED THE NHS over to the PRIVATE SECTOR MEGA RICH CORPORATIONS and TRUSTS and THAT is when the NHS was PRIVATISED to all intents and purposes.
SO thanks to another Labour government, after 20 years of paying exorbitant interest rates, the NHS is STILL paying off the ‘loans’ at a rate of £3,700 EVERY SINGLE MINUTE of EVERY SINGLE DAY!!! But that’s another post)
And here is WHAT WILL HAPPEN if Corbyn executes his ‘Right To Buy’ policies;
Once the Property Market is saturated, sales slow down, and consequently, prices are reduced by all those ‘Motivated ex-Landlord sellers.
WHO will step in to mop up all these ‘Bargain-Basement’ properties?
The very same MEGA RICH CORPORATIONS, SPECULATORS (British AND Foreign) who have added to their immense wealth by exploiting EVERY Property Crash there has ever been in this country (and others).
Every Stock Market, every Property Market, has ‘Cyclic ‘Peaking and Troughing’ - a time when all speculators rich or not so rich CAN increase their wealth.
THAT is NOT what I am talking about here.
I am talking – from Direct Personal Experience - about entire portfolios of 200 to 300 properties or more (repossessions usually) being sold at Auction during Property Crashes and bought by ‘Cash-Rich’ Corporations for PEANUTS, only for them to sit on them until the Market recovers (as it ALWAYS does eventually) when they are then sold off at their recovered Market Values for massive profits or let to tenants or a combination of both.
Finally, remember, that Property Crashes are often the precursor to RECESSION.
I could go on but will spare you.
I have WARNED you that if Corbyn gets into Downing Street his policies will plunge the UK into chaos and recession and any benefit which a tiny minority of the underprivileged - which he purports to represent - may enjoy, will not only be to the detriment of the vast majority but also be SHORT-LIVED.
I agree completely, if that clown gets in britain has had it, its bad enough now
Brillopad
10-03-2018, 12:54 PM
Corbyn is as TRANSPARENT as glass and KNOWS exactly what he is doing.
His aim is to DESTROY the United Kingdom as it is, but - as others have pointed out - because his old arrogant method of being open about his terrorist sympathies, his full blown-Marxist ideology and his REAL political agenda, have reaped him only derision, failure, and ostracisation, he is now TRYING to gain a position of power by stealth as a 'changed man'.
If Corbyn DOES get into No. 10 - God Forbid It - the UK is DOOMED.
This is NOT scare-mongering. It Is FACT.
I cannot go into full detail here, but let us take this devious idiot's plan to extend the Council House tenant's 'Right To Buy' scheme to the Private Rented Sector.
He aims to legislate to force Private Landlords to sell their properties to tenants at a hugely discounted Below Market Value rate.
This follows his other threat to invoke numerous other legislation against Private Landlords one of which is to compel landlords to accept people in receipt of state benefits.
This cretin spouts that such legislation would help reduce the housing shortage: “I believe this idea could open up the possibility of real secure housing for many currently faced with insecurity and high rents.”
Hundreds applaud Corbyn as he spouts this drivel because they are gullible and believe the 'Utopia' he emptily promises to deliver to them, and they just do not perceive that Corbyn's policies will have THE VERY OPPOSITE EFFECT of that which he is claiming.
The majority of the 2 million plus Private Landlords in the UK, who are already besieged by punitive and UNFAIR legislation which UNFAIRLY PROTECTS the most despicable of non-rent paying, property-trashing tenants, will put a large percentage of their 5 million plus Rental Properties up for sale 'en masse' if Corbyn gets into number 10.
And as these properties go on the market, it will be FLOODED with SUPPLY outstripping DEMAND, or rather SUPPLY outstripping MORTGAGEABILITY, because demand is ALWAYS present but being able to secure the finance necessary to realise that demand is and always has been, the problem for the majority of 'would-be' First Time Buyers.
And THAT problem will be even greater come any property crash because lenders tighten up their lending criteria in such adverse conditions and it becomes virtually impossible to secure mortgages for all but the more 'well-off' applicants.
So, YES, a few of the more well-off who have savings, good income levels, and 'Triple-A' Credit Ratings may well capitalise, but THEY are in the MINORITY and a property crash will do ZILCH for the lower income groups, needy, and those on benefits - the VERY people Corbyn professes to want to help.
But it gets worse, because not only will the above groups NOT be able to BUY one of all those MILLIONS of extra properties now dumped onto the market, they will now be HOMELESS, because if they were tenants of one of these now for sale properties they will have been evicted under Section 21, and as Corbyn’s policies will have GREATLY exacerbated the already existing serious Housing Crisis, WHO will now rehouse all these unfortunate people?
There is already a seriously ACUTE SHORTAGE of accommodation to house our homeless as Council House building is virtually non-existent, and Housing Associations are now being FORCED to allow tenants the Right To Buy thus depleting their stocks.
MOST Private Landlords are decent, fair, and honest people who for decades have - through their OWN initiative and often sacrifices - PROVIDED good accommodation at reasonable rents to house 'normal' renters as well as the low-paid, homeless AND underprivileged; ALL whom have been NEGLECTED and UNCATERED FOR by EVERY Government since Margaret Thatcher first depleted Council Housing stocks nationwide by introducing the original ‘Right to buy’.
However, the very WORST fact about Corbyn’s planned housing policies is that – not for the first time - the Labour Party will have punished the poor and underprivileged people whom they claim to represent, and rewarded the mega-wealthy individuals and corporations which they are supposedly opposed to.
(The Private Finance Initiative adopted from the Tories by slime-ball Blair in 1979 HANDED THE NHS over to the PRIVATE SECTOR MEGA RICH CORPORATIONS and TRUSTS and THAT is when the NHS was PRIVATISED to all intents and purposes.
SO thanks to another Labour government, after 20 years of paying exorbitant interest rates, the NHS is STILL paying off the ‘loans’ at a rate of £3,700 EVERY SINGLE MINUTE of EVERY SINGLE DAY!!! But that’s another post)
And here is WHAT WILL HAPPEN if Corbyn executes his ‘Right To Buy’ policies;
Once the Property Market is saturated, sales slow down, and consequently, prices are reduced by all those ‘Motivated ex-Landlord sellers.
WHO will step in to mop up all these ‘Bargain-Basement’ properties?
The very same MEGA RICH CORPORATIONS, SPECULATORS (British AND Foreign) who have added to their immense wealth by exploiting EVERY Property Crash there has ever been in this country (and others).
Every Stock Market, every Property Market, has ‘Cyclic ‘Peaking and Troughing’ - a time when all speculators rich or not so rich CAN increase their wealth.
THAT is NOT what I am talking about here.
I am talking – from Direct Personal Experience - about entire portfolios of 200 to 300 properties or more (repossessions usually) being sold at Auction during Property Crashes and bought by ‘Cash-Rich’ Corporations for PEANUTS, only for them to sit on them until the Market recovers (as it ALWAYS does eventually) when they are then sold off at their recovered Market Values for massive profits or let to tenants or a combination of both.
Finally, remember, that Property Crashes are often the precursor to RECESSION.
I could go on but will spare you.
I have WARNED you that if Corbyn gets into Downing Street his policies will plunge the UK into chaos and recession and any benefit which a tiny minority of the underprivileged - which he purports to represent - may enjoy, will not only be to the detriment of the vast majority but also be SHORT-LIVED.
An excellent post Kirk and clearly based on knowledge and research. God forbid people are daft enough to vote for him but if they do and he gets in we are all going to pay a heavy price, including most of those that vote for him. It will probably put current complaints about austerity into painful context and will NOT be as his campaign slogan dictated “for the many not the few”. It sounds very much as if the wealthy few will be the main beneficiaries of such a policy.
I almost, and I state almost as I am not that selfish, thought of saying that I wished such as catastrophe would happen just so that those who had voted for him would be forced to seriously regret their decision as some on here have wished on Brexit voters.
Thankfully I can see the bigger picture for all of us rather than want to glory in the pleasure of saying ‘I told you so’.
Kizzy
10-03-2018, 01:02 PM
An excellent post Kirk and clearly based on knowledge and research. God forbid people are daft enough to vote for him but if they do and he gets in we are all going to pay a heavy price, including most of those that vote for him. It will probably put current complaints about austerity into painful context and will NOT be as his campaign slogan dictated “for the many not the few”. It sounds very much as if the wealthy few will be the main beneficiaries of such a policy.
I almost, and I state almost as I am not that selfish, thought of saying that I wished such as catastrophe would happen just so that those who had voted for him would be forced to seriously regret their decision as some on here have wished on Brexit voters.
Thankfully I can see the bigger picture for all of us rather than want to glory in the pleasure of saying ‘I told you so’.
No it isn't... It can't be it hasn't happened yet :laugh:
If he means that and there's nothing to suggest he does, I will obviously regret my decision.
You can say I told you so all you like for me brillo.
Brillopad
10-03-2018, 01:32 PM
No it isn't... It can't be it hasn't happened yet :laugh:
If he means that and there's nothing to suggest he does, I will obviously regret my decision.
You can say I told you so all you like for me brillo.
Easy to say as you clearly believe otherwise. For some reason you have blind faith in this man, he can certainly do no wrong in your eyes, but if you live to regret it I like to think I would not be so insensitive as to rub it in. It would also be rather stupid anyway as it would clearly affect me and most other people too. I guess time will tell - and it will be too late by then so God help us ALL if you are wrong.
Kizzy
10-03-2018, 01:34 PM
Easy to say as you clearly believe otherwise. For some reason you have blind faith in this man, he can certainly do no wrong in your eyes, but if you live to regret it I like to think I would not be so insensitive as to rub it in. It would also be rather stupid anyway as it would clearly affect me and most other people too. I guess time will tell - but God help us ALL if you are wrong.
God help us all now!!! :/
user104658
10-03-2018, 01:57 PM
The logic of how it could damage the economy (in the form described) is sound enough... The reason that the "doom and gloom" is false is that it relies on the premise that Corbyn could come into power and make large sweeping changes to housing and other legislation on a personal whim... Which we all know is simply not the case. Our government is set up specifically to stop things like that from being possible.
Although like I said I do think some changes need to be made to private rental, given that it is increasingly how people are going to be living. Stable homes are vital.
Kizzy
10-03-2018, 02:21 PM
I6qSeWZpu6U
Brillopad
10-03-2018, 02:22 PM
I6qSeWZpu6U
Haven’t you put that up before?
DemolitionRed
10-03-2018, 02:22 PM
... Anywho... On the actual topic of private rental markets; I think the idea that landlords should ever be FORCED to sell is ridiculous (and again, it would never get through parliament so even if Corbyn does get in, and does want it, its moot point) however I'm not against the idea of rent control - e.g. I believe that once a long-term rental property has been rented out, then the landlord should only be able to raise the rent in that property in line with inflation while those tenants are there. Also, I believe that if a landlord does choose to "sell up", the resident of the property should be given the opportunity to buy based on an independent valuation before the property goes to the open market. I also believe there should be strict controls on when a tenancy can be ended; i.e. Never on a "whim" or personal dislike, it should only be allowed if either A) The landlord will no longer be renting out the property at all (for example, selling up or living there themself) or B) there is a good specific, provable legal reason (for example, tenants mistreating or damaging the property, using it for illegal activities etc.)
Basically I believe that all people have the right to a secure home even in the private rental market. With more and more people living in private rents, I do think the system needs a but of tinkering.
Again, though, not forcing people to sell up their assets... That's just nonsense. But nonsense that won't happen unless something dramatically changes with how our parliament works, so not worth worrying about.
The property owners Corbyn wants to chase after and lets not forget that May says she wants to do the same thing... but won't, is the large corporate investors who buy up entire streets. Presently we have streets in London and other major cities, sitting empty. Purchased by wealthy Russians, Chinese and Saudis. These properties were never purchased with the intention of living in them or renting them. They are merely a nest egg and therefore, Corbyn and May's idea on compulsory purchase are the right way to go. I think May's just slapping her lips and I think Corbyn will go ahead with it.
The other is land sales. Agricultural land has a present value of around £20k a hector but once it becomes building land the price goes up to around £2million a hector. This means that any property built on this land has to have a massive price tag. What Corbyn has suggested and I wholeheartedly agree, is that instead of allowing a land owner to sit on waste land for years, it can be purchased by compulsory purchase and more affordable housing built on it.
I have seen no cites regarding Corbyn buying rental property that's in use.
Presently, before a housing estate gets planning permission, a percentage of those not yet built houses have to be sold. Brokers put a percentage of those unbuilt houses out to tender at a massively knocked down price. Along come the investors and buy up that percentage (Jo blogs never gets to hear about it). Once the house is built, the investor can either rent it out for the house value, which is much more than what he paid for it or sell it and make a healthy profit.
What Corbyn wants to do is buy up that percentage and not allow it to fall into investors hands.
DemolitionRed
10-03-2018, 02:24 PM
You only get that sort of reply Kirk when said person has no clue how to answer,people really should remember what they have said to others regarding posts, remarks like that offer nothing to a debate other than sniping for no reason,your post was factual and interesting but no doubt too long for some to read and digest..:wavey:
And you know this? So you and Kirk have the credible and verifiable cites?
Brillopad
10-03-2018, 02:26 PM
And you know this? So you and Kirk have the credible and verifiable cites?
And what about your cites for your previous post. Pot and kettle. Or are we supposed to take you at your word?
chuff me dizzy
10-03-2018, 02:36 PM
Could you expound Oliver?
I believe wholeheartedly that if Corbyn comes to power, that he will ruin the UK compared to as it is now because he will achieve nothing of any note or permanency by way of helping the needy and underprivileged but will instead compound their suffering - for the reasons given - and by (as I said) plunging the UK into chaos and recession. But why do you regard any of that as that as hyperbole?
Totally agree,Corbyn getting power would be a massive mistake and a total disaster
DemolitionRed
10-03-2018, 02:36 PM
And what about your cites for your previous post. Pot and kettle. Or are we supposed to take you at your word?
Kirk put up accusations with no cites and the other person thanked him for the facts! I have attempted to google some of those facts but can't find it.
I, on the other hand, wrote something that most people will be fully aware of and could pull that stuff up on google in one fowl swoop.
As for you, you revel in any slites against Corbyn, including and especially the propaganda. I bet you loved the bit about 'Marxism'. Corbyn has never advocated using any style of Marxism in the UK... Not ever but if you use that word enough, people will latch on.
Kizzy
10-03-2018, 02:42 PM
Haven’t you put that up before?
Nope.
Brillopad
10-03-2018, 02:52 PM
Nope.
It looks familiar.
Kizzy
10-03-2018, 03:04 PM
It looks familiar.
It might, he's made 100s of youtube vids.
The logic of how it could damage the economy (in the form described) is sound enough... The reason that the "doom and gloom" is false is that it relies on the premise that Corbyn could come into power and make large sweeping changes to housing and other legislation on a personal whim... Which we all know is simply not the case. Our government is set up specifically to stop things like that from being possible.
Although like I said I do think some changes need to be made to private rental, given that it is increasingly how people are going to be living. Stable homes are vital.
Then he needs to stop lying and coming up with hare - brained schemes and promises to get votes that he must know won't be possible. He's already known for doing this and it makes him look like the clown he is.
Kizzy
10-03-2018, 05:17 PM
The logic of how it could damage the economy (in the form described) is sound enough... The reason that the "doom and gloom" is false is that it relies on the premise that Corbyn could come into power and make large sweeping changes to housing and other legislation on a personal whim... Which we all know is simply not the case. Our government is set up specifically to stop things like that from being possible.
Although like I said I do think some changes need to be made to private rental, given that it is increasingly how people are going to be living. Stable homes are vital.
could you explain it to me please, as in how it would damage the economy?
Vicky.
10-03-2018, 05:22 PM
I think right to buy is all daft anyway. While we have a lack of council houses, we are selling them off at a discount. Makes no sense. Would be fine if we were rebuilding more, but it does not seem that way.
I am sure that Corbyn is not meaning that all landlords should have to sell their properties at a discount..thats a bit out there even for him tbh
Brillopad
10-03-2018, 05:26 PM
I think right to buy is all daft anyway. While we have a lack of council houses, we are selling them off at a discount. Makes no sense. Would be fine if we were rebuilding more, but it does not seem that way.
I am sure that Corbyn is not meaning that all landlords should have to sell their properties at a discount..thats a bit out there even for him tbh
Maybe someone should seize his house and give it to or sell it at a discount to a more needy family. Wonder what he would think of that! He earns enough to pay rent someone else. Is that the way anyone really wants this country to go.
Kizzy
10-03-2018, 05:26 PM
I can't possibly comment as I'm buying mine... Mind you I have lived in it for over 20yrs :/
Brillopad
10-03-2018, 05:30 PM
I can't possibly comment as I'm buying mine... Mind you I have lived in it for over 20yrs :/
A genuine question Kizzy - isn’t socialism against home ownership - what I have read says it is. If this is the case then neither yourself or Corbyn are real socialists - it all seems a bit pick and mix to me.
Vicky.
10-03-2018, 05:34 PM
I can't possibly comment as I'm buying mine... Mind you I have lived in it for over 20yrs :/
Oh I could take advantage of this scheme too (if I had the cash..)
I still disagree with it though. I don't blame people for actually doing it though, when the option is there. I just don't think the option SHOULD be there. Seems daft to me, unless they were to build new council places for each that was sold off.
Kazanne
10-03-2018, 05:50 PM
We have had some lovely council houses built here,they are so far removed from the council days of old,and they mix private and council together on new estates,seems to work here.
DemolitionRed
10-03-2018, 06:12 PM
A genuine question Kizzy - isn’t socialism against home ownership - what I have read says it is. If this is the case then neither yourself or Corbyn are real socialists - it all seems a bit pick and mix to me.
All those calling Corbyn a socialist don't understand what socialism is.
Anyone who wants to leave capitalism intact is not a socialist. We could call them a soft and fluffy socialist thinkers but socialist they are not.
As for Marxism :facepalm: Corbyn is about as far away from Marxism as Thatcher was from socialism.
user104658
10-03-2018, 06:19 PM
could you explain it to me please, as in how it would damage the economy?The forced sale of properties at below market value would be "artificially" meddling with the housing market and that is always a bad idea. Also, in an ideal world, it would all be people genuinely buying their family home to live in but in all likelihood (as happened with council right to buy) what you'd actually get is an influx of people buying for reduced cost and then almost immediately selling on at full market value for profit.
Also, like I said, we're increasingly in a country where most people are in private rentals and too much heavy handed government interference is likely to prompt those who are buying property as an asset to simply sit on an empty property, rather than renting it out at all. Worse still, the announcement of any such legislation coming into effect is HIGHLY likely to prompt a huge number of private landlords to sell up before it's enacted, which not only is likely to collapse the housing market over night, but would also see untold numbers of private renting families losing their rented home.
DemolitionRed
10-03-2018, 06:20 PM
We have had some lovely council houses built here,they are so far removed from the council days of old,and they mix private and council together on new estates,seems to work here.
That was started just after Blair came into office and it started because during Blairs campaign, he was warned not to campaign on private estates and to stick to large council estates. After getting into office he put in place the idea to mix council houses amongst private houses with the same look and same facilities the private owners enjoyed.
Kizzy
10-03-2018, 06:26 PM
A genuine question Kizzy - isn’t socialism against home ownership - what I have read says it is. If this is the case then neither yourself or Corbyn are real socialists - it all seems a bit pick and mix to me.
Have I ever professed to be a socialist?
But lets be realists here most people want a home to call their own... Should you want to own the whole street and charge exorbitant rents, have several mahoosive homes that nobody lives in or a home that sits on acres and acres of unused land..That's a separate issue.
Marx himself was a homeowner, it is when ownership becomes exploitative it is considered 'antisocial'.
Kizzy
10-03-2018, 06:36 PM
The forced sale of properties at below market value would be "artificially" meddling with the housing market and that is always a bad idea. Also, in an ideal world, it would all be people genuinely buying their family home to live in but in all likelihood (as happened with council right to buy) what you'd actually get is an influx of people buying for reduced cost and then almost immediately selling on at full market value for profit.
Also, like I said, we're increasingly in a country where most people are in private rentals and too much heavy handed government interference is likely to prompt those who are buying property as an asset to simply sit on an empty property, rather than renting it out at all. Worse still, the announcement of any such legislation coming into effect is HIGHLY likely to prompt a huge number of private landlords to sell up before it's enacted, which not only is likely to collapse the housing market over night, but would also see untold numbers of private renting families losing their rented home.
The proposals referred to tenants who had lived in the property for the required length of time, therefore those who rent as they aren't in a position to buy or are on a short term lease ( as most are) will be unaffected, it is of course only a proposal at this stage, you can't immediately sell on council housing once bought which is why most buy to let.
People already hoard empty property which is why the govt introduced the 50% council tax increase on empty homes... not that I believe that's been enacted anywhere as yet :/
Kizzy
10-03-2018, 06:56 PM
Look at the savaging again by members of his own party... for doing the right thing!
'Jeremy Corbyn has been accused of echoing Nigel Farage after vowing to curb foreign workers, in extraordinary criticism from senior Scottish Labour colleagues.
Kezia Dugdale, the former Scottish Labour leader, said the party had “allowed the myths of EU immigration rules to be perpetuated” after Mr Corbyn called for post-Brexit curbs on low-paid immigration.'
He is totally in the right to ensure that employers are not exploiting both UK and EU workers by undercutting wages... That is effectively what is happening at the moment, people employed abroad via employment agencies to avoid our minimum wage laws.
But Corbyn is totally right this is not a viable practice for those who live here and want to work here... It's a reasonable question, where will the jobs come from for UK residents?
http://www.independent.co.uk/news/uk/politics/jeremy-corbyn-nigel-farage-scottish-labour-foreign-worker-attack-kezia-dugdale-a8249691.html
Withano
11-03-2018, 10:44 AM
Probably doesnt deserve its own thread so I'll lump it here. Voting intention polls show Corbyn leading 44%:37%, probably due to the Tory cuts, so I cant imagine many are sharing the OP's fear. Its been a good week for them as far as popularity goes.
DemolitionRed
11-03-2018, 03:33 PM
Probably doesnt deserve its own thread so I'll lump it here. Voting intention polls show Corbyn leading 44%:37%, probably due to the Tory cuts, so I cant imagine many are sharing the OP's fear. Its been a good week for them as far as popularity goes.
A political strategy, say nothing much, sit back, drink a beer or cup of tea and watch the Tories self-destruct.
Brillopad
11-03-2018, 09:53 PM
A political strategy, say nothing much, sit back, drink a beer or cup of tea and watch the Tories self-destruct.
I think Corbyn and Momentum will certainly beat them to it.
vBulletin® v3.8.11, Copyright ©2000-2025, vBulletin Solutions Inc.