Independent Leyton Orient Forum

Proposition Joe wrote: ↑Mon Nov 13, 2023 7:53 pm

Currywurst and Chips wrote: ↑Mon Nov 13, 2023 6:44 pm

Dunners wrote: ↑Mon Nov 13, 2023 12:58 pm Rachel MacLean gone. That's 16 Housing Ministers since 2010.

Which one was you favourite?

Half of those aren't even real people, just Tory Party Manager regens.

Wally Banter wrote: ↑Wed Nov 15, 2023 11:10 am How so? Intra-Tory undermining, or some grander scheme to persuade the public that we should rip up pesky human rights legislation?

Wally Banter wrote: ↑Wed Nov 15, 2023 11:10 am How so? Intra-Tory undermining, or some grander scheme to persuade the public that we should rip up pesky human rights legislation?

Dunners wrote: ↑Mon Jun 19, 2023 11:11 am

TRUMP Plumbing wrote: ↑Mon Jun 19, 2023 10:48 am

Dunners wrote: ↑Mon Jun 19, 2023 10:10 am
I get regular mortgage analysis through from UK Finance and can confirm that the majority of homeowners do not even have a mortgage (or any borrowing) secured against their home.

No way, I'm not buying that.

It surprised me too. Buildplace (who are reputable and credible) do some brilliant analysis, but I just can't locate it right now. If I do I'll link to it on here.

This is from 2021:

www.ons.gov.uk/peoplepopulationandcommu ... o2015/2021

There were 24.9 million dwellings across England in 2021:

• 32.6% of these were owned outright

• 28% were owned with a mortgage or loan

• 20% were privately rented

• 17% were classed as social housing

• 2.4% included unoccupied dwellings

The older generation has paid off its mortgages, and that even accounts for many who refinanced to provide their children with deposits on their first home purchases. What is left is the prime working age population on whom the state most depends for taxable income, as they earn the salaries and spend the cash.

Those with mortgages are about to get screwed. And those who rent are already getting screwed (in London as much as 30% of their income is going on rent). So, as a society that is based upon consumption led growth, we've reached the end of the road. This is what has the money markets so spooked right now.

We're basically Japan now. Only, unlike them, we have immigrants to blame.

Rich Tea Wellin wrote: ↑Wed Nov 22, 2023 3:44 pm For someone who knows nothing about Economics. Can someone explain why the government having been saying they can’t give above inflation wage increases as this drives inflation but they can cut NI and give people more money in their pockets?

Rich Tea Wellin wrote: ↑Wed Nov 22, 2023 3:44 pm For someone who knows nothing about Economics. Can someone explain why the government having been saying they can’t give above inflation wage increases as this drives inflation but they can cut NI and give people more money in their pockets?

Rich Tea Wellin wrote: ↑Wed Nov 22, 2023 3:44 pm For someone who knows nothing about Economics. Can someone explain why the government having been saying they can’t give above inflation wage increases as this drives inflation but they can cut NI and give people more money in their pockets?

Rich Tea Wellin wrote: ↑Wed Nov 22, 2023 4:04 pm Is it also to give Labour an even more f*cked economy and a bad look when they have to role these changes back in a year?