Originally posted by eek
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Foodbank client stories
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
Foodbank client stories
Originally posted by PurpleGorilla View PostThe Market Oracle has made some excellent forecasts l, but this one is from 2010 and doesn't factor in Brexit.
Property is a global investment commodity.
Banks have lent trillions to BTL globally.
This has increased demand and pushed up prices.
The solution is not to make more houses. The solution is to massively restrict lending and make investing in property unprofitable.
Last edited by PurpleGorilla; 30 January 2017, 11:32.Comment
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Originally posted by PurpleGorilla View PostOther countries with huge tracks of land and far smaller population densities have soaring property prices (Australia, New Zealand, Canada, Denmark, Sweden, USA).
Property is a global investment commodity.
Banks have lent trillions to BTL globally.
This has increased demand and pushed up prices.
The solution is not to make more houses. The solution is to massively restrict lending and make investing in property unprofitable.merely at clientco for the entertainmentComment
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Originally posted by PurpleGorilla View Post
The solution is not to make more houses. The solution is to massively restrict lending and make investing in property unprofitable.
My heart does go out to them when I read those stories. It's no way for the little ones to be growing up."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by PurpleGorilla View PostOther countries with huge tracks of land and far smaller population densities have soaring property prices (Australia, New Zealand, Canada, Denmark, Sweden, USA).
Property is a global investment commodity.
Banks have lent trillions to BTL globally.
This has increased demand and pushed up prices.
The solution is not to make more houses. The solution is to massively restrict lending and make investing in property unprofitable.
oh dear, "investing" in property would not be attractive if the supply of property fulfilled the demand, hence, the only solution is to build more property
Milan.Comment
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Originally posted by PurpleGorilla View PostOther countries with huge tracks of land and far smaller population densities have soaring property prices (Australia, New Zealand, Canada, Denmark, Sweden, USA).
Property is a global investment commodity.
Banks have lent trillions to BTL globally.
This has increased demand and pushed up prices.
The solution is not to make more houses. The solution is to massively restrict lending and make investing in property unprofitable.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by scooterscot View PostSo those families with 2 or 3 children living in a 2-bed flat. Where are they supposed to go when lending has becoming more responsible?
My heart does go out to them when I read those stories. It's no way for the little ones to be growing up.Comment
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Originally posted by milanbenes View Postand what's wrong with it, why can't our parents remain in larger properties capable of hosting the whole family for celebrations and festivals ?."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostSo those families with 2 or 3 children living in a 2-bed flat. Where are they supposed to go when lending has becoming more responsible?
My heart does go out to them when I read those stories. It's no way for the little ones to be growing up.Comment
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