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Old 09-03-2018, 10:45 PM #1
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Default WHY CORBYN WILL RUIN THE UK No. 1

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.
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Old 09-03-2018, 11:00 PM #2
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Well not really, but whatever keeps you happy I guess
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Old 09-03-2018, 11:02 PM #3
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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...
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Old 09-03-2018, 11:17 PM #4
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Originally Posted by Smithy View Post
You might have the time to write lengthy such posts, i on the other hand, do not

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.

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Old 09-03-2018, 11:18 PM #5
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Originally Posted by kirklancaster View Post
You add nothing to any discussion or debate. You waving 'bye bye' is no loss.

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
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Old 09-03-2018, 11:23 PM #6
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Originally Posted by Cherie View Post
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 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.
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Old 09-03-2018, 11:30 PM #7
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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.
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Old 09-03-2018, 11:36 PM #8
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Obviously he's the worst choice out of the feasible possibilities, but to say he'd ruin the UK is just hyperbolic.
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Old 09-03-2018, 11:48 PM #9
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Originally Posted by Oliver_W View Post
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?
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Old 10-03-2018, 12:06 AM #10
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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.
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Old 10-03-2018, 12:08 AM #11
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Originally Posted by kirklancaster View Post
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!

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Old 10-03-2018, 03:46 AM #12
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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?
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Old 10-03-2018, 05:11 AM #13
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Originally Posted by Oliver_W View Post
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.
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Old 10-03-2018, 06:14 AM #14
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Originally Posted by kirklancaster View Post
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 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
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Old 10-03-2018, 06:49 AM #15
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Originally Posted by kirklancaster View Post
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 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..
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Old 10-03-2018, 08:33 AM #16
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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 !
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Old 10-03-2018, 08:55 AM #17
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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.
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Old 10-03-2018, 09:27 AM #18
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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"
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Old 10-03-2018, 09:32 AM #19
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... 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.
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Old 10-03-2018, 09:33 AM #20
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Yes its "on its knees"
Mouth agape, eyes propped open with matchsticks, Trump towering above with orange cock in tiny hand.
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Old 10-03-2018, 10:26 AM #21
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Old 10-03-2018, 11:15 AM #22
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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/...d-by-thinktank
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Old 10-03-2018, 11:32 AM #23
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Originally Posted by kirklancaster View Post
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
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Old 10-03-2018, 11:54 AM #24
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Originally Posted by kirklancaster View Post
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’.

Last edited by Brillopad; 10-03-2018 at 11:57 AM.
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Old 10-03-2018, 12:02 PM #25
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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

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.
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