Well they do have a lot of foreigners in their winning squad.
Not really. I´m a mix of both sides and have voted both ways in the past.
Nice try.
I saw this from the students perspective and the reason why they are protesting.
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To be honest, I am feeling and seeing simmering tensions in the UK amongst communities. I wouldn’t be surprised if one incident triggered a riot in a major city.
We do have a housing problem in this country, young working people cannot get on the property ladder and they are paying extortionate rents.
Azerbadjan, but foreign state secrets are a comodity that states sell, so the information could be in the hands of several regimes.
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The whole thing reads like a plot to a Coen brothers movie, bizarre. Ex Intelligence guy goes freelance, gets into financial trouble because of involvement with dubious practices of Latvian bank, sells intel to foreign agencies, which only gets discovered because of his involvement with a moronic kidnapping plot by a Steakhouse chain heiress and her famous former football moderator bf to get her children from her ex-husband in Denmark.
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This, is this the common ‘problem’. Housing too expensive and wages too low. It’s definitely the biggest problem in France causing the standard of living to fall continuously.
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Congratulations, you were so close to getting it.
It’s protests about the lack of funding for schools, and somehow it got twisted to being about immigrants. You tell me.
As @gasband points out, you’d have better luck blaming Arsenal’s league win on immigrants, at least that one is somewhat true.
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A good talk beteen two very knowledgable
Yes, i do think so. Many youngsters are still living with their parents because they either can’t afford a deposit for a house unless they live somewhere so far, it is hard to commute to work. The rents are so high in major cities in the UK.
My friend has 3 sons, in their 30s and late 20s, they all moved out to lived independently and then after a year or two moved back to mum and dad because it was too expensive to manage a rented flat. One has now moved abroad for work.
My nephew wanted to moved out if his mum’s house, but he can’t afford it, especially in London, they live in surburbs. I am hearing the same thing about Liverpool, Manchester and Leeds etc. Affordable housing is hard to find.
However , I heard Burnham says that he will ask banks to lower the deposits for first time buyers.
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I think the policy is for low deposit mortgages on first time buyers of new-builds. It’s actually a fairly joined up policy, because it is cheap (presumably guarantees for lenders) and encourages the creation of new housing stock.
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There’s a lot of ‘initiatives’ like that to encourage building new houses. Macron introduced a few, most still depends on parents being ‘rich’ and prepared to help in a significant manner.
Doesn’t seem to help.
In France if you set up a logement saving plan linked to buying a house (must be held for 4 years minimum) allows a 100000€ interest free loan under conditions.
It isn’t enough to change the root problems.
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I’m dubous about policy changes to make it easier for more people to borrow more money. House prices are high for this very reason, ie people pay way more than they can afford. The only ones that do well from this are the money lenders.
I say make the minimum deposit 50% and the maximum duration 10 years and see what happens.
Unfortunatly it is still political suicide to try and bring down house prices. But thye are artifically high due to ‘cheap’ loans and the social norms of being in debt your entire working life and even into retirement.
With food prices rising significantly in the next decade, primarily due to greater climatic uncetaintly, house prises will have to adjust. It will simply will not be possible for poeple to pay exorberant mortgages and rent when two thirds of their income goes on food. That’s the optomistic view at least. There are far bleaker alternative options.
Well, probably what happened last time they tried it: only people with spare capital could afford to buy. Buy to let went through the roof, and with the capital poor unable to buy, rents shot up.
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If there was political will, it would be easy enough to put legislation in place to guard against that outcome.
Big ‘if’!
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Governments the world over seem to have allowed(unconsciously or not) this problem to grow.
Imo, our government are not building enough homes, they left it to developers who built at a rate which kept prices high in order to earn more.
My timeline might be slightly out but I think government themselves had housing departments which built social housing up till the 90,s.In the early years of the Celtic Tiger they started outsourcing their responsibility in this area to private developers.I think the reason behind this was so as not to have these workers on the governments books, paying pension, insurance, sick leave etc, but rather have them in private industry. We had at this point given over the job of supply of housing to private industry.
Then we had the crash in about 08/09 and school leavers understandably decided that the construction industry was not the industry to get into so went to college rather than get apprenticeships,which created a huge lack of brickies, sparks, plumbers, chippies etc.
Once we were coming out of the initial effects of the crash the private developers running our housing policy were slow to invest/build new homes until demand grew again. Government now paid developers to build rather than building themselves. Developers controlled the markets and now they/government are scrambling to build more just to catch up on years of undeproviding when so is everyone else, meaning further labour and supplies shortages.
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The real problem with housing is that there’s investment funds that buy parts and sit on it. It’s true for housing (particularly appartement blocks) and office space.
As long as this problem isn’t tackled the problem will persist and during financial crisis get much worst. At the moment there’s oil and uncertainty in for example AI gold prices are rising as are the dividends in these ‘housing’ investment funds as this is where the investors see security.
Government actions and policies can not have any meaningful effect in this capitalistic climate.
It’s going to take a lot of very clever people and a complete reset, economic, business and politic, to get anything done. It just won’t happen as the ultra rich will stop it.
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Not perfect but by and large we are happy here in Singapore, most of us ‘own’ government housing of pretty good quality albeit on a 99 year lease. Made affordable for first time buyers especially for married couples. But even then, we are seeing government housing on the resale market for more than a million dollars, that’s quite scary and I would say spiralling housing prices is quite a problem for most part of the urban cities around the world.
The government announced last month it was going to reform Empty Dwelling Management Orders (EDMOs) allowing local authorities more powers to take over the management of properties in their areas that have sat empty for 6 months (down from 2 years).
New reforms to bring more long-term empty homes back into use - GOV.UK
I haven’t seen any figures as to how much of the empty housing in the UK is held by investment funds so I don’t know how much of an issue it really is. I get the impression from reading the news articles that the majority of empty properties here are not because of that but because they have fallen into disarray or inherited by someone who has a personal attachment to that property and doesnt want anyone else living there.
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Much depends where your talking about however it has a knock on effect. In bigger particularly financial based towns/cities the effect can be enormous. Also it tends to affect recent stock where units are bought there’s some near me where there’s a couple of units occupied and the rest are empty (i.e most) yet they are not on the market. A development of about 5 years old? The town isn’t even very big.
One thing is for sure is the reporting of the effects of investment companies is very scarce yet it can have massive effects. Just because it isn’t mentioned doesn’t mean it’s not there.
Of course UK demographics are very different to France. Even so there’s surely regions where there’s effective evacuation (Auvergne for example in France) and growth (Marseille for example in France). Even so in Marseille demand might be high yet the increase in price of old stock from the 60’s say is minimal so has to be considered a long term investment for the buyer. Renting is a completely different kettle of fish.
It’s complicated if you ask me. What is sure is high rents and low wages is creating a catastrophic situation. Compared to this other forces are just concerns.
I would accept that the UK has had a lack of habitable stock for quite some time from what I can gather.
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