The Budget 2013 - 12:30

Problem: Supply outstrips demand for housing, inflating prices to beyond what most people can afford.
Solution: Help people borrow more.

Wait, what?

To be fair the borrowing is only for new build houses so should help stimulate demand for new builds easing demand pressure on older buildings. Not the way I'd do it but I can see the logic behind the move.
 
Budget don't sound all that terrible - but that's coming from a young working couple, no major savings or parents to fall back on, looking to get on property ladder and starting a family within the next couple of years.

The problem I have is Labour not giving any viable alternatives to the cut, cut and cut party. This makes the next election a worry as either fringe parties will get more votes (UKIP, Green Party, BNP :eek:) or Conservatives will be back in full as lets face it, LibDem is pretty much nigh on hope now.

Key points so far:
http://www.bbc.co.uk/news/uk-politics-21851965
 
To be fair the borrowing is only for new build houses so should help stimulate demand for new builds easing demand pressure on older buildings. Not the way I'd do it but I can see the logic behind the move.

So it makes it easier for Russian oligarchs and Arabian Oil Moguls to purchase Inner city housing (if there is less demand for them, no one to bother with), upping the prices of nearby houses?

Okay that was irrelevant and silly, but i thought it was humorous considering Osborne's Russian "pals". ;)
 
The HelptoBuy scheme is scary, public money will be available to support people with small deposits buy houses at large loan to value rates and 20% of the price of a new build property can be borrowed interest-free. This is fairly shocking support for house prices. What could possibly go wrong!

The employment allowance is a seriously good thing though - lowering the tax on labour.
 
So the plan is to increase the incentives for a new wave of entrepreneurs, facilitate growth in existing companies, offer incentives to two workers families on the lower wage brackets who work for peanuts after their unpaid training in these new economic opportunities, penalise single worker families so the second adult has to go to work and place the kids in childcare, increase the support for childcare to create jobs for all those second adults doing the exact job they were doing before except now they will -1 off the unemployed stats, creation of more credit to sustain unrealistic property prices ...

The good thing is the muppets on the other side would have done a worse job.
 
It makes for a good laugh watching that house of ***** act like immature children, it's like a panto. These are the tards running our country, it's pathetic.
 
:confused:

growth forecast he was wrong again, September's 3p fuel duty rise scrapped, rubbish it will just go up anyway.

I think you're being overly cynical to term those 'lies.' Being wrong isn't lying. Fuel price going up in the future for another reason isn't lying either.

Not being funny or owt, but if you're going to call them on the crap they've pulled, do something of substance rather than trotting out tired old working mens club dross for the flat cap brigade. God knows there's plenty of legit reasons to attack the Tories.
 
Budget don't sound all that terrible - but that's coming from a young working couple, no major savings or parents to fall back on, looking to get on property ladder and starting a family within the next couple of years.

The problem I have is Labour not giving any viable alternatives to the cut, cut and cut party. This makes the next election a worry as either fringe parties will get more votes (UKIP, Green Party, BNP :eek:) or Conservatives will be back in full as lets face it, LibDem is pretty much nigh on hope now.

Key points so far:
http://www.bbc.co.uk/news/uk-politics-21851965

I had the same reaction and in a very similar (if not the same) position as you. I'm sure something will upset me though. But I have seen worst budgets also quite happy that the first budget since I have been working full time is a nicer one :P
 
So it makes it easier for Russian oligarchs and Arabian Oil Moguls to purchase Inner city housing (if there is less demand for them, no one to bother with), upping the prices of nearby houses?

Okay that was irrelevant and silly, but i thought it was humorous considering Osborne's Russian "pals". ;)

Although you were joking I wonder what the impact would be on preventing non-British nationals from owning more than a few properties would be? They are effectively using our limited housing supply as an investment method at the expense of the British economy.
 
lowering corporation tax is retarded, according to BBC we now have one of the lowest rates :rolleyes: all while the poor get shafted


oh and earth quakes and poison water ahoy "Tax allowances for investment in shale gas"
 
The HelptoBuy scheme is scary, public money will be available to support people with small deposits buy houses at large loan to value rates and 20% of the price of a new build property can be borrowed interest-free. This is fairly shocking support for house prices. What could possibly go wrong!

The employment allowance is a seriously good thing though - lowering the tax on labour.

Well said, I wasn't impressed at this policy. 'Can kicking' comes to mind with the housing market, it will hurt, but the crash is needed.
 
Although you were joking I wonder what the impact would be on preventing non-British nationals from owning more than a few properties would be? They are effectively using our limited housing supply as an investment method at the expense of the British economy.

Said houses would be sold to British nationals who would do and already do exactly the same thing.
 
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