Should Corbyn remain as Labour leader?

[Boss]

3 minutes ago, AngryofTuebrook said:

Any chance of any links to statistics and, y'know, facts to back up your wacky claims about EU immigration driving prices up?

 

That wasn't aimed at you Angry.

[Pureblood]

2 minutes ago, Boss said:

 

That wasn't aimed at you Angry.

Can't answer the question.

 

IMMURGANTS

[Boss]

3 minutes ago, TK421 said:

Can't answer the question.

 

IMMURGANTS

 

You haven't asked me a question, you intellectual pygmy. 

[Pureblood]

1 minute ago, Boss said:

 

You haven't asked me a question.

An immurgant stole it from me. 

[AngryOfTuebrook]

10 minutes ago, Boss said:

 

That wasn't aimed at you Angry.

I know, but still...

 

The idea that EU immigration drives gentrification and house price increases in London is a new one to me. I'd be interested to see some data to back it up.

[Pureblood]

Summarising the results, immigration is found to have a significant, negative impact on UK house prices. Using data for 80 local authorities in England and Wales, results suggest that an increase in the stock of immigrants equal to 1% of the local population leads to a 3.8% reduction in house prices, confirming previous findings of a negative relationship for the UK. System GMM estimates weakly supports results but more importantly highlights steps taken to find alternative solutions for the endogeneity persistent throughout. Future literature should explore this method further or alternatively consider the multiple instrumentation procedure as a solution.

 

https://www.nottingham.ac.uk/economics/documents/research-first/luke-green.pdf

[Pureblood]

8 minutes ago, AngryofTuebrook said:

I know, but still...

 

The idea that EU immigration drives gentrification and house price increases in London is a new one to me. I'd be interested to see some data to back it up.

He doesn't need a spreadsheet.  He puts on his Union Jack Princess Di commemorative glasses and suddenly it all makes sense.

[Boss]

19 minutes ago, TK421 said:

Summarising the results, immigration is found to have a significant, negative impact on UK house prices. Using data for 80 local authorities in England and Wales, results suggest that an increase in the stock of immigrants equal to 1% of the local population leads to a 3.8% reduction in house prices, confirming previous findings of a negative relationship for the UK. System GMM estimates weakly supports results but more importantly highlights steps taken to find alternative solutions for the endogeneity persistent throughout. Future literature should explore this method further or alternatively consider the multiple instrumentation procedure as a solution.

 

https://www.nottingham.ac.uk/economics/documents/research-first/luke-green.pdf

 

Your little pdf only analyses house prices after the crash. House prices have dropped since the crash, across the board. Didn't think about that one, did you? Better luck next time.

[Jairzinho]

56 minutes ago, Mudface said:

He should tweet that he got the numbers on Countdown more quickly than Riley.

CRAZY COMMIE CORBYN SAYS ALL JEWS ARE DUMB DUMBS AT THE MATHS

[lifetime fan]

1 hour ago, AngryofTuebrook said:

Any significant tax increase on people in my earning bracket  or my expected pension rate would leave me pretty hard-up. I have never advocated taxes that would leave people struggling.  I have always advocated progressive taxation, where the people who are asked to pay more are those who can afford to do so and still be rich.

 

I like to think that if I ever had that sort of money, I'd be happy with my net income and not begrudge anyone else access to  health, education, roads, etc.

 

Fucking commie bastard. 

[aRdja]

2 hours ago, Boss said:

 

There's no point saying we could've applied a points based system like Australia because we couldn't. The core principal of EU membership and single market access is free movement of people / labor. 

 

Yes, eventually gentrification of London would've happened anyway, similar to New York. But that doesn't negate the fact that EU national immigration to the UK outnumbers the rest of the world combined and affluent EU nationals moved to London, displacing poor people from their homes and the surrounding area. It hastened the pace with which it happened and was a genuine factor. 

That’s not right. London is the financial capital of the country (and the world) by design, and with that comes growth, gentrification, and migration (EU or otherwise).

[Boss]

37 minutes ago, TK421 said:

Summarising the results, immigration is found to have a significant, negative impact on UK house prices. Using data for 80 local authorities in England and Wales, results suggest that an increase in the stock of immigrants equal to 1% of the local population leads to a 3.8% reduction in house prices, confirming previous findings of a negative relationship for the UK. System GMM estimates weakly supports results but more importantly highlights steps taken to find alternative solutions for the endogeneity persistent throughout. Future literature should explore this method further or alternatively consider the multiple instrumentation procedure as a solution.

 

https://www.nottingham.ac.uk/economics/documents/research-first/luke-green.pdf

 

Also you might want to point out that it purposely excludes London - which it says had a 69% rise in house prices during that time. And seeing that I was specifically talking about London, it kind of makes the whole thing pointless now, doesn't it?

 

It doesn't include the period where the housing market grew, and it doesn't include the specific city I was talking about either - which it acknowledges has increased exponentially. But then again you'd know that if you read it, rather than spamming google for a pdf in-between writing childish insults.

[Pureblood]

18 minutes ago, Boss said:

 

Your little pdf only analyses house prices after the crash. House prices have dropped since the crash, across the board. Didn't think about that one, did you? Better luck next time.

Still, at least it's empirical evidence from an expert.  A bit better than the imaginary stats you plucked out of your derrière. Which alt-right podcast told you that it was da immurgants wot did it?

 

 

[AngryOfTuebrook]

If I were to pluck factoids from my bum, they would suggest that the majority of EU migrants to the UK would be poorly-paid plebs in the service industries and the public sector; not the sort of people who are driving gentrification. 

[TheHowieLama]

1 hour ago, AngryofTuebrook said:

That shows that house prices have increased every year since 2013. It reinforces my point.

 

I don't think that is what it shows

[Pureblood]

3 minutes ago, AngryofTuebrook said:

If I were to pluck factoids from my bum, they would suggest that the majority of EU migrants to the UK would be poorly-paid plebs in the service industries and the public sector; not the sort of people who are driving gentrification. 

Nah mate, it's dem Poles coming over here, picking our strawberries and buying up half of Kensington.

[Scooby Dudek]

Just been on some Polish and Romanian websites and found these;

 

https://www.foxtons.co.uk/investments/portfolio/

 

https://www.hjinvest.com/about/?utm_source=google&utm_medium=cpc&utm_campaign=New_Property_Investment&utm_term=%2Bproperty %2Binvestment %2Blondon&gclid=Cj0KCQjw4s7qBRCzARIsAImcAxZpCM0D9FBZxweY2J5bpGWXNRUKN_xZfMY7owY2hZMmvsaA0Bbs7FMaAtcPEALw_wcB

 

https://direct-property-investments.co.uk/p/award-winning-developer-7-year-loan-note/?gclid=Cj0KCQjw4s7qBRCzARIsAImcAxYU6JTonHnj2u7zAPkKFpw3ydFK8GIPbid8pCc7Q2EIqW23Lf8JePwaAoOUEALw_wcB

 

https://sterlingwoodrow.net/property-investment-offers/?gclid=Cj0KCQjw4s7qBRCzARIsAImcAxb57qFJFO9nFFw1pU64g_4WS_-CV71M95WUISfK9-nmVkXEe0EjWUAaAm_uEALw_wcB

 

https://www.onetouchinvestment.co.uk/invest-in-london-property/

 

[Scooby Dudek]

2 hours ago, sir roger said:

I hope Jezza does something anti-semitic today to get this thread back on track.

He doesn't need to do anything, we can just imply.

 

He won't won't come on this website but he will speak to Hamas, IRA, etc. 

Confirms everything, if you ask me. FACT.

[AngryOfTuebrook]

25 minutes ago, TheHowieLama said:

I don't think that is what it shows

Look again.  That's exactly what it shows.

[TheHowieLama]

38 minutes ago, AngryofTuebrook said:

Look again.  That's exactly what it shows.

If prices are up every year since 2013, why is the graph trending downwards? It also seems to start far higher than it ends up in the 10 year period shown.

 

 

The latest snapshot from Halifax, published on Wednesday, also suggested that house prices fell in July. Britain’s biggest mortgage lender said the average cost of a home dipped by 0.2% in July after a drop of 0.4% in June.

The average price of a home in Britain has dropped by almost £600 in the last three months to stand at about £236,120.

 

The UK housing market is at the weakest point since the global financial crisis a decade ago as Brexit uncertainty puts off buyers, according to a leading estate agent.

Savills, which sells and manages commercial and residential property around the world, said fewer houses were sold in the UK in the first half of 2019 than at any point since the first half of 2009

[AngryOfTuebrook]

14 minutes ago, TheHowieLama said:

If prices are up every year since 2013, why is the graph trending downwards? It also seems to start far higher than it ends up in the 10 year period shown.

 

Because it's a graph of year-on-year percentage changes in house prices.  Everything above 0 is an increase; everything below is a decrease. If the trend slopes downward, that's a slowdown in the rate of increase: it's not a decrease unless it dips below zero.

[Numero Veinticinco]

[A Red]

1 hour ago, TK421 said:

Nah mate, it's dem Poles coming over here, picking our strawberries and buying up half of Kensington.

Ah well, the report was irrelevant so best revert to type

[Pureblood]

A Twat has spoken.

[aRdja]

23 minutes ago, TK421 said:

A Twat has spoken.

But what about inflation?