8th July Budget

OK then, so we move everyone out to zone 4 so that the property they vacated can be bought up by people in Singapore and left vacant. What problem exactly have you solved, other than the one where you were irritated that someone was living in an expensive flat?

If we go back to my original proposal it was to build more housing. The problem is the housing waiting list - managing housing on a London wide basis and making efficient use of it could make a significant reduction in that list.
 
Those salaries leave FA to live on when you are paying market rates, which is the problem housing has gone nuts, only building thousands upon thousands will bring prices down

yep, but there is a loop hole in build reg that allow developers to pay the local council money not to have 40% affordable rents.

Developers buy land at a discount rate from the council, but they would need to provide 40% affordable housing, once the property is almost complete developers pay a small free to to council to do away with the 40% affordable housing, making a massive profit and paying peanuts to the council.
they get a discount of 40% of the land price but only have to offer 2% of the value of the affordable properties, making an instant profit.
 
I just think it's a lot of effort to make a one-time income which would disappear into a rounding error when compared to the current deficit. Building more housing is the right idea, but there isn't really the land to do it, and a private developer will always outbid a local authority.
 
How many flats do the council own in Westminster? Unless you can back up your opinion with facts on how many flats there are to actually sell, then it's a bit of invalid one.

I don't know and for the purpose of that particular example it doesn't matter - there exist a few blocks in Westminster and there exist a few hundred flats elsewhere that are significantly cheaper than the Westminster flats.

Though in regards to the wider issue and getting back onto the original point fact is that across London as a whole there are expensive assets which are being used in an inefficient manner and there are housing benefit payments being made to private landlords that could be lower if the tenants moved to a cheaper location. Organising housing on a London wide basis could both be used to grow housing stock and reduce housing benefit payments.
 
I just think it's a lot of effort to make a one-time income which would disappear into a rounding error when compared to the current deficit.

the point is that it could fund the development of further housing - one flat in Kensington is enough for several further out.

Building more housing is the right idea, but there isn't really the land to do it, and a private developer will always outbid a local authority.

there is still plenty of land and no they don't have to always, lets throw in some additional planning powers for the big shake up of housing moving to a regional level from Local boroughs
 
If we go back to my original proposal it was to build more housing. The problem is the housing waiting list - managing housing on a London wide basis and making efficient use of it could make a significant reduction in that list.

there not shortage of homes in London, for example in one small area in one borough there are just under 700 empty council flats.
 
there not shortage of homes in London, for example in one small area in one borough there are just under 700 empty council flats.

yet there are big housing waiting lists and shortages in other boroughs... thus organising it on a London wide basis could be more efficient
 
https://www.google.co.uk/maps/place...2!3m1!1s0x48760f970c1b8a7f:0x909d010e8fa22574

You see that tower block its empty now been like that for 5 years, there are 88 flats.
the building next to it they are slowing emptying it now, and not moving anyone in.
, there are 40 flats, the idea is to remove that council estate over the next 10 years.

That's another 'regeneration' scheme to demolish council property and replace it with private residences.

http://www.getwestlondon.co.uk/news...cil-accused-wicked-social-engineering-6753978
 
Let's face it, it's nothing but a slow extermination of the poor from London.

We need more building on brownfield sites on the outskirts of London, but the tories just don't seem interested in spending money to provide places for the less fortunate to live.

I'm gonna start donating to Shelter. They're gonna be bloody busy in the next few years.
 
Let's face it, it's nothing but a slow extermination of the poor from London.

We need more building on brownfield sites on the outskirts of London, but the tories just don't seem interested in spending money to provide places for the less fortunate to live.

I'm gonna start donating to Shelter. They're gonna be bloody busy in the next few years.

Its not just about London though which is something the last few pages seem to have missed - its creeping outwards - even over 100 miles from London rent is going up steeply and also driving property prices as now the "investment potential" from buying to rent out is adding more and more on top. (If it was most other markets it would have reset considerably but as people don't have much other choice its not affected by supply and demand the same way).
 
Last edited:
Property prices are insane now.

Swear to god, my mum took out a £230k interest only mortgage just 10 years ago on our current house in Welling. Even though she hasn't paid a penny off the balance, she could still sell it now and buy a 2 bedroom house with pool in Malaga with the equity.

Just crazy.
 
Just listening to Osborne tells you all you need to know.

"It's not fair that someone on benefits should earn more than someone in work"

You'd hope he would follow up with "so we are going to look into why British workers are so unproductive and see what needs to be done to improve that so wages can rise, meanwhile we are freezing benefits". But nope, reduce the benefit cap, that fixes it all.
 
Just listening to Osborne tells you all you need to know.

"It's not fair that someone on benefits should earn more than someone in work"

You'd hope he would follow up with "so we are going to look into why British workers are so unproductive and see what needs to be done to improve that so wages can rise, meanwhile we are freezing benefits". But nope, reduce the benefit cap, that fixes it all.

I just hope he dosent reduce tax credits as that's what we live on week on week.

I work 16 hours a week and bring home £106.40 a week. On JSA id get £114.85 a week ( couples rate )

Id be better off on the dole but a jobs a job and it gets me out the house
 
I just hope he dosent reduce tax credits as that's what we live on week on week.

I work 16 hours a week and bring home £106.40 a week. On JSA id get £114.85 a week ( couples rate )

Id be better off on the dole but a jobs a job and it gets me out the house

Do you only work part time?
 
Do you only work part time?

Yes until I find another job. Someone left our place recently who was also on 16 hour contract. I asked if I could have there hours instead of recruiting and was told no. Even an extra 8 hours would help as I can claim working tax on 24 hours
 
Yes until I find another job. Someone left our place recently who was also on 16 hour contract. I asked if I could have there hours instead of recruiting and was told no. Even an extra 8 hours would help as I can claim working tax on 24 hours

Why would they refuse? Is there a financial reason for refusing? Do you get more employee rights on longer hours?
 
Back
Top Bottom