Caporegime
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And who is going to pay for there salary increase?
Mortgage Rate Rises
- Thread starter glenimp617
- Start date
Personal allowance is not a minimum income. Minimum wage is £9.50 per hour or ~£19.5k for a full time employee.
So what % do you believe they should get? They want above inflation rises and inflation is now looking like 13-15%.
More info HERE
Bear in mind that teachers, as an example, got inflation busting pay rises back in 2020.
Yeah I used the wrong terms... What I meant was that if we deem you shouldn't pay tax until hitting that threshold i.e. you are deemed as not earning enough to warrant tax being taken from you it can be insinuated as you being too poor to reach that threshold - why are state pensioners on roughly 75% of that threshold.
I might not be explaining it very well.
Yeah they should get whatever they can the more the better. They benefit society far more than many earning far more. Get Mick Lynch on the case.
Pensioners are generally much wealthier than working people, both in terms of wealth and even income. Average pensioner income is not only higher than minimum wage, or personal allowance, but it's higher than average earnings:
Pensioners '£20 a week better off' on average than workers | Pensions | The Guardian
They also get lots of other benefits as well and their basic expenses are lower. If a pensioner is poor, they qualify for pension credit which almost doubles their income.
It's possible Pension Credit might double someone's income but someone on the full new State Pension (£185.16/week) will get nothing and someone on the full basic State Pension will get a top up from £141.85/week to £182.60/week if they have no other income. There are nuances, and they may be entitled to other benefits, but that's the gist of Pension Credit.
Yep exactly. Our housing crisis has absolutely nothing to do with demand in the 'honest' sense of people wanting a home to live in. It's a false market (demand) generated by landlords and investors. Until that is rectified nothing will change.
Except it's just not though. That's a falsehood spread by the Brexit brigade and aforementioned BTLers so that they can avoid being blamed for the housing crisis.
Britain overcrowded? Rubbish – we’ve got loads of land | Kevin McKenna
A satellite inventory of UK land use finds that, while Britons pack into the cities, the wild and open spaces are grossly underusedwww.theguardian.com
Why we must finally abandon the myth that Britain is overcrowded
If this country feels overcrowded the blame lies with failed housing policy, not with migrants or children yet to be born.www.newstatesman.com
So why are houses in any half decent area being snapped up and people blind bidding 10% over asking price in many places ?
I live in Southampton which is nothing special and houses are gone within days
If there is demand then why would the prices drop
Soldato
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10% at least as far as I have seen recently.
Demand is definitely high and staying high. Houses barely stay on sale for a week
Demand is definitely high and staying high. Houses barely stay on sale for a week
I wasn't arguing this point with my post, rather showing how that actually the UK is not "full" or "over-crowded" as people seem to parrot away without any of the facts.
But, in short like I said above. The demand is faux demand built by investors and landlords. It may not be landlords actually buying those particular houses e.g. in Southampton but the fact they are buying up stock elsewhere or nearby has a ripple effect. Why do you think commuter belts are so expensive. Do people love paying over the odds for a house 1.5hrs away from their workplace and then paying thousands of pounds for their train season ticket too? No. They are priced out of more centrally located places because of investors and landlords.
I haven't had coffee and I'm not explaining it well but it's a ripple effect..
Soldato
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Not really because a house is somewhere to live, if the house is bought by a person to live in, or a person to rent for someone to live in the effect is the same.
So really in order to understand if there is supply constraint being caused by investors you need to look at unoccupied houses.
That number is suggested to be https://www.bigissue.com/news/housing/how-many-empty-homes-are-there-in-the-uk/
Bear in mind UK "homes" are listed as 27.8M or more and you will always have properties tied up.
What has also had an impact on housing availability is Air BnB and the likes.
This has become the go to for many people who end up with an extra house, eg couple getting together who both had houses, since its far less of a PITB to deal with than renting now.
The hatred of landlords means many just will not consider it now.
Personally I would tax empty houses at say 5% per year, those with a valid exemption would be probate and similar cant sell type situations.
Plenty of brownfield sites around Birmingham (and I'm sure most other cities are the same) just within a few minutes walk of me there are plots where you could build maybe 2-3 semi-detached houses, or 4-5 terraced. Sure, in isolation that is not a lot, but multiply that across the country and it would certainly help. Of course the problem is it's a lot less cost effective to build a couple of houses here and there than a whole estate of 40-50+
Fair enough, we're probably going to fix for 5 when we renew, as we're hoping to move in around that timescale, so hopefully we'll have seen a drop rather than a huge increase by then!
Down under house prices have fallen over 10% in last 6 months and average property is taking 43 days to sell. But even so our houses are way overvalued and price per sqm is way higher than yours
They don’t need facts. They live it. They experience it. Whether it’s the constant traffic going to work, house prices, strain on services.
It’s abundantly obvious to anyone who doesn’t sit in an ivory tower writing articles for a living.
It might be a fact that you can slap concrete on loads of farmland and theoretically double the population. But that doesn’t mean it should be desirable or even something to aim for. You can build soviet style skyscrapers everywhere and fit in loads of people, but nobody wants that.
Soldato
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Slotting in houses to those sorts of place would be far far easier if Brits could get over their prefabricated hang ups.
You can build lower cost, faster, more efficient houses pre fabricating them under controlled factory conditions than allowing builders to knock up, bodge and shortcut on site.
It's not even a prefab issue, I'm sure many people would happily buy a cheaper prefab-style house, but the land itself is the value. More profit to be made from more expensive houses.
People experience that because we (still, mostly) need to live where there is work. So people do. Work for a lot of people = cities, offices, infrastructure, transport etc. I won't argue that our infrastructure like public transport struggle, but that is not because of overpopulation, that is because of terrible privatised services and struggling local economies.
You can't hide the fact that only 6% of the UK is built-on; https://www.sheffield.ac.uk/news/nr/land-cover-atlas-uk-1.744440#:~:text=The UK is a green,at the University of Sheffield.
or actually this is a nicer interactive link from the BBC; https://www.bbc.co.uk/news/uk-41901294
Perhaps with more companies and business becoming more open to remote working our population can spread out a bit more and enjoy our green and pleasant land.
And 6% is enough.
lol ok sure.
But you need to consider Farmland and Developed area as already developed. The areas to possibly be used for further space for living is natural and there is like 4% average across England as example. Yes you could use farmland but considering we don't produce enough product as is then taking more farmland when we also need more of that currently isn't the answer either.
our true development space we have left is little without it affecting other things such as food production.