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Wanderers Ways. Neil Thompson 1961-2021

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The Cost Of Living Crisis

Anyone felt the pinch yet?

Notice a good proportion of my hotels are quiet this week. But with the jubilee round the corner and pride the week after maybe folk are simply saving their trips for that.

Cant help but feel the media are driving a lot of it. They seem hell bent on us heading into a recession. Making people panic and stop spending.

They should be telling everyone its all gravy.

Only area Ive felt it is diesel. £154 to fill my van the other day. That's taking the piss.

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    Its not as notorious as it once was, but yeah its grim as fuck in parts. i am trapped in LH; i've got 8 years left on my mortgage then i intend to disappear...  i'm now having to opt out of my pe

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2 hours ago, Zico said:

For anyone that doesn’t believe money is important let’s crunch some numbers…

if you don't believe money is important you either have none or loads in which case the rest of that post is irrelevant

I believed money wasn't important until I started getting threatening letters, lots of them, and very threatening some of them. By that time I was in the shit and it was too late.

15 minutes ago, kent_white said:

Hang on a minute. I think it's absolutely bollocks to say that migration doesn't affect house prices. 

It's supply and demand. We've had net migration of about 250,000 people per annum for the last decade. 

You can make the argument that the government's new build policy has been shockingly bad. But given the reality of the situation. How can increasing your population by circa 2.5 million not have an affect on house prices? 

It wouldn't matter if the 2.5 million people were migrants - or if we were just having more children. That jump in population will have a knock on effect in housing costs - particularly if you don't keep up with the rising demand with new builds. 

Net migration isn't the only factor in house price rises, but I'm sure it's a contributory one.

It is legal migration that is the issue but folk on boats gets all the attention.

There has been a large uptick of late due to Hong Kong and Ukraine adding to the numbers of course it doesn't explain the huge increase.

Screenshot_20240429-161118.png

Edited by Winchester White

30 minutes ago, kent_white said:

Hang on a minute. I think it's absolutely bollocks to say that migration doesn't affect house prices. 

It's supply and demand. We've had net migration of about 250,000 people per annum for the last decade. 

You can make the argument that the government's new build policy has been shockingly bad. But given the reality of the situation. How can increasing your population by circa 2.5 million not have an affect on house prices? 

It wouldn't matter if the 2.5 million people were migrants - or if we were just having more children. That jump in population will have a knock on effect in housing costs - particularly if you don't keep up with the rising demand with new builds. 

Net migration isn't the only factor in house price rises, but I'm sure it's a contributory one.

House builders control the market 

They control how many houses they build 

There's your problem 

4 minutes ago, DirtySanchez said:

House builders control the market 

They control how many houses they build 

There's your problem 

Well. That and demand outstripping supply, yes. 

And I'm sure the government has it's own targets for building new houses doesn't it?

Point still stands though. Those extra 2.5 million will be pushing prices up. 

Just now, kent_white said:

Well. That and demand outstripping supply, yes. 

And I'm sure the government has it's own targets for building new houses doesn't it?

Point still stands though. Those extra 2.5 million will be pushing prices up. 

House builders when they get planning permission have three years to make a start

They can just dig the foundations then fuck it off for ten years but still be allowed to come back and build 

2 hours ago, Not in Crawley said:

One of the biggest loads of tosh ever posted on here - in fact its an actual down right lie.

You're lying about somebody lying 🤷🏻

I work in planning and know about this 

But govt after govt has promised to sort out the housing 'crisis'

They cant be arsed though 

Tells you a lot 

 

 

Just now, DirtySanchez said:

I work in planning and know about this 

But govt after govt has promised to sort out the housing 'crisis'

They cant be arsed though 

Tells you a lot 

 

 

A real thorny issue this.

From an environmental point of view alone, major house building is contentious, and this is a relatively new factor to add to ones already in place.

  • Author

I'd rather have a housing crisis than keep building on green space and flood plains.

 

2 hours ago, kent_white said:

Hang on a minute. I think it's absolutely bollocks to say that migration doesn't affect house prices. 

It's supply and demand. We've had net migration of about 250,000 people per annum for the last decade. 

You can make the argument that the government's new build policy has been shockingly bad. But given the reality of the situation. How can increasing your population by circa 2.5 million not have an affect on house prices? 

It wouldn't matter if the 2.5 million people were migrants - or if we were just having more children. That jump in population will have a knock on effect in housing costs - particularly if you don't keep up with the rising demand with new builds. 

Net migration isn't the only factor in house price rises, but I'm sure it's a contributory one.

Indeed

16 minutes ago, gonzo said:

I'd rather have a housing crisis than keep building on green space and flood plains.

 

That's the problem

No one builds on flood plains 

You're not allowed 

 

4 minutes ago, DirtySanchez said:

That's the problem

No one builds on flood plains 

You're not allowed 

 

Flood plains are just an area of land  set aside for when it floods 

Nothing ever gets built there 

Flood plains in a social media context is different 

 

18 minutes ago, DirtySanchez said:

That's the problem

No one builds on flood plains 

You're not allowed 

 

Uh oh. @gonzois gonna beat you with his semi erect penis as soon as he sees this.

4 minutes ago, DazBob said:

Uh oh. @gonzois gonna beat you with his semi erect penis as soon as he sees this.

Turd laden seas

We should leave the EU and control immigration ourselves.

I reckon that would solve the issue. Probably be loads of spare money for a load of new hospitals as well. About 39 of them at a rough guess.

  • Author
58 minutes ago, DirtySanchez said:

Flood plains are just an area of land  set aside for when it floods 

Nothing ever gets built there 

Flood plains in a social media context is different 

 

I'd say the flood plains that were directly next to the river wyre estuary contained absolutely shit load of water.

They built on it and directed all of that said water in to a grid system that was built to service 4 stables in 1865 and consists of a dyke that's 6ft full deep in soot in front a train track that hasn't operated since 1973.

Hence we all had our houses flooded and my house insurance currently sits at £70pm and we are now in a designated high risk flood area.

The only time my area flooded previous to those houses being built was in the 80s when a dead sheep blocked one of the dykes.

Edited by gonzo

Build a load of high rises like Trotters gaff, job done.

  • Author

They recently built on some marsh land near the Golden Eagle in Anchorsholme. It had 2 ponds on it and was permanently under water.

They are now wondering why all the gardens are in 3ft of water and concerns are already being raised about subsidence.

Thats to go with the rats that are all over the estate.

Govts should probably incentivise apartment living more. Reduced council tax or something. 

3 hours ago, DirtySanchez said:

Flood plains are just an area of land  set aside for when it floods 

Nothing ever gets built there 

Flood plains in a social media context is different 

 

Flood plain in Little Lever, big huge flat part with nothing built on it.. 

and now they are building around it, it's flooding and people are complaining..

 

Would be great to build loads of old style terraced housing to help fit more houses in a small space, but they dont allow for 2 car parking, downstairs toilet, driveway and large garden, so we end up with monstrosities like the one in Bolton town centre.. A future ghetto no doubt.. 

8 hours ago, kent_white said:

Hang on a minute. I think it's absolutely bollocks to say that migration doesn't affect house prices. 

It's supply and demand. We've had net migration of about 250,000 people per annum for the last decade. 

You can make the argument that the government's new build policy has been shockingly bad. But given the reality of the situation. How can increasing your population by circa 2.5 million not have an affect on house prices? 

It wouldn't matter if the 2.5 million people were migrants - or if we were just having more children. That jump in population will have a knock on effect in housing costs - particularly if you don't keep up with the rising demand with new builds. 

Net migration isn't the only factor in house price rises, but I'm sure it's a contributory one.

No, that's rubbish and a total misunderstanding of how the housing economy works.

Migrants aren't pushing up house prices.

Migrants aren't making rentals unaffordable in London.

They aren't sat on houses that they purchased on a loving wage back in the early 80s and saw that house price rise through nothing they did.

It's a failure of most governments- Labour and Conservative- to tackle this issue.

To say otherwise is again a lie that is perpetually continued this country.

Sad to see it's still a thing.

14 minutes ago, Not in Crawley said:

No, that's rubbish and a total misunderstanding of how the housing economy works.

Migrants aren't pushing up house prices.

Migrants aren't making rentals unaffordable in London.

They aren't sat on houses that they purchased on a loving wage back in the early 80s and saw that house price rise through nothing they did.

It's a failure of most governments- Labour and Conservative- to tackle this issue.

To say otherwise is again a lie that is perpetually continued this country.

Sad to see it's still a thing.

It astounds me to hear you say this. I think you're in danger of sacrificing reason at the alter of political correctness. 

Any increase in the demand of a product without a subsequent increase in supply of the same product will inevitably lead to an inflationary trend in its perceived value.

Like I've pointed out previously. We agree that Labour and Conservative governments have failed to tackle the issue. But given that they've not, then any increased pressure on demand (for whatever reason) on a finite resource will lead to an increase in prices. 

I'm certainly not "lying". 

 

1 hour ago, kent_white said:

It astounds me to hear you say this. I think you're in danger of sacrificing reason at the alter of political correctness. 

Any increase in the demand of a product without a subsequent increase in supply of the same product will inevitably lead to an inflationary trend in its perceived value.

Like I've pointed out previously. We agree that Labour and Conservative governments have failed to tackle the issue. But given that they've not, then any increased pressure on demand (for whatever reason) on a finite resource will lead to an increase in prices. 

I'm certainly not "lying". 

 

You are certainly being naive about what is causing a housing issue issue in this country though.

You might not be lying, but you certainly are missing some basic facts.

7 hours ago, Not in Crawley said:

You are certainly being naive about what is causing a housing issue issue in this country though.

You might not be lying, but you certainly are missing some basic facts.

If you read back through my posts - you'll notice that I've stressed that net migration is a contributory factor to rising housing costs. Not the sole factor. I've not even claimed it's the biggest factor. But it is a factor. 

There are 8,000,000 people living in the UK who were born outside the UK. That's 12.7% of the population. This is based on 2011 census data, and I imagine it's increased since then. 

Those people need to be housed. As do any children they may have. 

This isn't a judgement call about immigration. It's likely the country would be even more screwed with an aging population and without new residents. But housing the new people must inevitably have a contributory impact on the prices of a finite housing stock. 

This isn't racism. It's supply and demand. And I think we should be able to talk about issues like this without accusing each other of making things up.

I fact checked myself last night after our little exchange and found this, which I thought was a well reasoned, and impartial account which looks at the evidence rather than a gut feeling. Which to be fair is what I was basing my opinion on. It does seem to largely support what I originally thought however. Have a read and see what you think......

https://www.economicshelp.org/blog/214470/economics/how-does-immigration-affects-house-prices/

PS - you're a massive fanny and I'm going to push you off an amp next time I see you 😁

 

  • Author

Surely any form of population inflation would have an impact on available housing?

That just stands to reason doesn't it?

Our population is growing isn't it? 

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