Quote:
Originally Posted by Paul Markham
You really are clueless. The building industry will build houses if there are people there to buy them. They're doing it all the time. The problem is finding people who earn enough to get a mortgage to pay the market price in areas with jobs. Your thinking is wrong.
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Yes the market price.... THE MARKET PRICE...
Problem is not peoples income... problem is MARKET PRICE by SHORTAGE
The chicken and the egg.... And you want to raise peoples income
And then people can get a higher mortgage... but still can't buy a house because shortage is still there and higher mortgages will increase housing prices more...
In Spain you'll find 2 million bank-owned houses standing there EMPTY... doing nothing...
Why are they not on the market? What are they doing there standing EMPTY? Keeping the prices up of course
Quote:
Originally Posted by Paul Markham
How many houses would it require before the prices drop back to the levels of 15 years ago? Then tell us who would invest in flooding a market to see profits disappear? Come up with numbers or STFU.
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Tadaaaa.... So you agree with me that the housing problem is a housing problem? and not an immigration problem? That it is all about profit manipulation?
Quote:
Originally Posted by Paul Markham
This is the crunch. If the UK applies strict benefits rules to only British citizens. A million or more will return home. Don't just count those on benefits, count their families. In an instant 300,000 or more houses become vacant. The drop in prices and rents will follow.
A drop in public expenses drops dramatically as those in work and still relying on benefits vacate a job to be filled by a Brit and taking him off the Government tit.
They stick the 40,000 in to make it look small. What the Government is saying is around 40% of EU migrants earn too little to contribute and therefore a cost to the rest.
This is to get us out of debt. The big question is will the Government start cracking down on mass migration. Because its devastated most people lives.
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I'm sorry... UK can't get out of debt...