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Today's Telegraph: "It's time for the Conservatives to announce a new economic mission: lower house prices"

32 replies

FabulousSophie · 05/08/2018 12:24

Very interesting article in today's Telegraph:

It's time for the Conservatives to announce a new economic mission: lower house prices

www.telegraph.co.uk/politics/2018/08/05/time-conservatives-announce-new-economic-mission-lower-house/

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FabulousSophie · 05/08/2018 12:41

I like this quote: "If the Conservatives want to see off Corbyn they will have to stop trying to please everyone, and shamelessly take the side of those who want house prices to fall".

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PigletJohn · 05/08/2018 19:03

unless they stop repelling the majority of people under retirement age, they are doomed for a generation.

Quite apart from ruining their reputation by being the architects of the Brexit Omnishambles, which will probably fade away in ten years or so.

Today's Telegraph: "It's time for the Conservatives to announce a new economic mission: lower house prices"
FabulousSophie · 05/08/2018 19:11

PigletJohn
They are in a real bind! Does the party alienate its present (ie homeowners), or alienate its future (ie aspiring homeowners)?
They need to decide which group to alienate, because it is impossible to please both groups. However, my sympathy for them is low, because they got themselves into the mess.

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ThroughThickAndThin01 · 05/08/2018 19:12

You again Grin.

QuiteUnfitBit · 05/08/2018 19:16

I think it was ever thus - older voters tend to vote Conservative, as they have something to conserve!

Alexalee · 05/08/2018 20:12

All depends who actually bothers to vote... generally the over 50s do go and vote. Under 30s don't bother unless someone riles them up like garage did for the brexit vote and corbyn did for the ge last time out.
He seems to be losing the younger voters with his crazy promises though

PigletJohn · 05/08/2018 20:42

A certain number of younger people where shocked by the result of the Brexit vote, when they were overwhelmed by the oldies, and have become a bit more politically aware.

As the FT said, "Brexit has converted many young Britons into fanatical Europhiles of a type that barely existed in the UK before."
www.ft.com/content/6d375b7e-8f99-11e8-b639-7680cedcc421

This is not playing well for the Tories.

FabulousSophie · 05/08/2018 21:14

PigletJohn
The bizarre thing is that even though Corbyn is 'unelectable', the Tories could still lose to him. One way or another, a huge shake-up has begun, and I don't think the current politicians really know how to deal with it. I expect things to be unstable and turbulent for quite a few years to come.

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sleep5 · 05/08/2018 21:25

Corbyn is certainly not unelectable, though he needs to get a lot better with his PR. Maybe it'll be another coalition govt next time one around - possibly LibDems & Labour.

FabulousSophie · 05/08/2018 21:37

sleep5
I am only repeating what others here are saying, hence the single inverted commas. I myself think Corbyn could indeed win, but I have no clue what that could mean for house prices. Perhaps the Tories and Labour are coming to some kind of tacit agreement both to stop pushing house price inflation for political gain. If neither side supports house price inflation any longer, it takes the politics out of them, and prices can be allowed to fall to their natural level.

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PigletJohn · 05/08/2018 21:48

If Tory supporters really thought Corbyn was unelectable, they'd be helping him along and the RW media wouldn't be carrying scare stories about him

Czech spy? IRA supporter? Communist stooge? Once had a black girlfriend?

Today's Telegraph: "It's time for the Conservatives to announce a new economic mission: lower house prices"
FabulousSophie · 05/08/2018 22:06

That is very true, PigletJohn. I am sure the Tories own electoral analysis and calculations show that he is a real threat to them, and they are properly scared of him. Even if the younger voters, who want lower house prices are in a minority, their votes may be sufficient to block the Tories from power - it is no wonder the Tories need to move in their direction on house prices.

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Xenia · 05/08/2018 22:40

They are dropping in London of course because of the high stamp duties on higher priced properties - stamp duty is so high the amount of tax the state is getting from it has gone down as anyone could have told Osborne at the time but the state never listens - is happier to charge higher rates of tax even if it then takes less in. Rents are also dropping in London because landlords on 40% tax with mortgages are now taxed on profit they do not make and we also have the annual tax on enveloped dwellings held in companies for properties over £500k.

PigletJohn · 05/08/2018 22:58

Rents are also dropping in London

Great news!

20nil · 05/08/2018 23:04

Thanks for that chart Piglet. Cheered me up no end.

PigletJohn · 05/08/2018 23:13

he needs to get a lot better with his PR

Sadly he will need to bypass the foreign owned, tax dodging mass-media. Turkeys won't wrap themselves in foil and hop into the oven.

It's only during the official election campaign that the big broadcasters are forced to give him equal billing.

Today's Telegraph: "It's time for the Conservatives to announce a new economic mission: lower house prices"
Today's Telegraph: "It's time for the Conservatives to announce a new economic mission: lower house prices"
BubblesBuddy · 06/08/2018 13:09

Yes, and when they do, we hear a lot of unworkable and unaffordable rubbish that plays to the young who do not understand economics. Sadly. People are massively duped and do not understand basic facts about taxation and spending. You cannot have all you want if the tax take is too low. With all that is happening, this is likely to be the case whatever individual companies pay. If they all go, many thousands of people lose their jobs. Like everything else, it is not black and white and needs to be managed.

Xenia -it has historically been under Labour governments where there have been higher tax rates. However, they do not produce more income. With the Labour left baying for higher taxes, there will not be more money. It is all about punishing richer people who are of course often employers. It will not help us post Brexit if we lose jobs and people consolidate their income. If there are fewer places to rent, it is unlikelyrents willcomedown. They might if renters are going back to Europe though. It is a complex situation and if many landlords pull out, there will not enough places to rent.

PigletJohn · 06/08/2018 13:32

"You cannot have all you want if the tax take is too low. "

That's an interesting thought.

Somebody should look into that.

BubblesBuddy · 06/08/2018 13:35

Well obviously Corbyn hasn't or his supporters.

PigletJohn · 06/08/2018 13:38

That's an amusing thought.

Didn't you see it mentioned in the Manifesto, then?

sweetcinnabun · 06/08/2018 13:40

Are people really cheering for that stupid communist to take over?

PigletJohn · 06/08/2018 13:43

I don't think that's supposed to be this month's attack.

Wasn't it "plenty of seats on trains" again, for August?

FabulousSophie · 06/08/2018 13:45

sweetcinnabun I think sufficient numbers are for the Tories to be worried.

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sweetcinnabun · 06/08/2018 13:48

I don't think that's supposed to be this month's attack.

It's ok, he's a stupid communist every month Smile

Of course, he also likes to vary his repertoire from time to time, for example by presiding over a party that is a cesspit of antisemitism. He's multitalented like that!

PigletJohn · 06/08/2018 13:57

no, that's the July memo you've got.

"Communist Spy" was February

"Previously arrested political agitator" (for demonstrating against Apartheid in 1984) is being held in reserve until the week of the next election.

You need to keep in step with the schedule, or people will think the attacks are just random smears.

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