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Can somebody explain the housing thing please.
They build you a house and you can buy it? Or they build houses for people to rent?
So they are property developing landlords?
And you can't buy those houses? But Cameron is saying you should be able to?
I thought it was more a case that if you live in a house you rent from the council for x years then you get a chance to buy that house for a reduced rate. Or something like that. The guide on Shelter below explains it a bit better.
http://england.shelter.org.uk/get_a...right_to_buy?gclid=CO-5m7rb98QCFeiWtAodKSEACQ
Thanks Bruce. I fundamentally believe everyone should have an opportunity to own a home, but how that would work fairly would take alot of careful thought.
I suppose the rationale is that they treat your rent payments like mortgage payments for the 5+ years, hence why you can buy it for less. Or something like that. I think it works a similar way on the continent, although the timeframe might be a fair bit longer than 5 years.
Not sure how it works if you get your rent paid for you.
I can only speak for my own Country, but home ownership in the Cities and surrounds is a runaway train.
You can't get anything for less than a mil here unless you fancy living in the bush. Foreign investment has priced out normal people and it keeps getting worse.
Me and the Mrs are considering moving to Tasmania.
Ha ha. I don't know if any of you remember, but in the campaign for the 2010 general election the Conservative party drew up a contract between themselves and the voting public. It basically stated that if they didn't deliver on a range of issues that we should vote them out in 5 years time.
Funnily enough it is no longer on the Conservative Party website. It is however still on Mark Reckless' website - you know the guy who defected to UKIP.
See it here
http://markreckless.com/2010/04/30/a-contract-between-the-conservative-party-and-you/
and here it is dissected
Not so sure they have delivered on their side of the bargain.
Definitely more. Fair play to Gideon as he does have a History degree. Oh, and an O Level in maths.
The track record so far reads like........... (lifted obviously)
In 2010 George Osborne made a number of bold predictions about how his ideological austerity experiment would benefit the UK economy. The mainstream press has long-since forgotten about these fabulously over-optimistic predictions, but they are still available from the Office for Budget Responsibility (here) should anyone want to look at them and compare them with what has actually happened (here).
Eliminating the deficit: In 2010 Osborne promised that his austerity experiment would completely eliminate the budget deficit by 2015. In reality the UK is still borrowing £100 billion per year, meaning that he's failed to even halve the deficit.
Government debt: In 2010 Osborne predicted that the UK national debt would have reached £1.232 trillion by 2015. In reality it has risen to £1.489 trillion, which means he has borrowed £257 billion more than he said he would.
The size of the economy: In 2010 Osborne predicted that the UK economy would grow to £1.916 trillion by 2015, but in reality it is only £1.822 trillion, meaning that he's borrowed more than a quarter of a trillion more than he said he was going to, in order to make the UK economy almost £100 billion smaller than he said it was going to be.
Debt/GDP: In 2010 Osborne predicted that debt would peak at 67.2% of GDP in 2015 and then start falling. In reality the debt has reached 80.4% of GDP and it's still growing dramatically. This means that he's now overseen the longest sustained increase in the national debt since the Second World War!
The UK Credit Rating: Before he became Chancellor George Osborne staked his reputation on maintaining the UK's AAA Credit Ratings, but in 2013 the UK economy was downgraded for the first time since the 1970s.
Worse than Labour: George Osborne continually harps on about how Labour would threaten his "economic recovery" but what he doesn't tell you is that in just four years he's created more new debt than every single Labour government in history combined!
Earnings: One of the strongest indicators that Osborne's ideological austerity experiment is really bad for Britain is the fact that he has overseen the longest sustained decline in wages since records began.The fact that millions of workers are significantly worse off than they were in 2008 thanks to George Osborne's deliberate campaign of wage repressionexplains why economic demand is still so weak and the "recovery" so slow. As a result of Osborne's policies, ordinary workers have suffered the worst declines in income since records began.