Should Corbyn remain as Labour leader?

[AngryOfTuebrook]

27 minutes ago, viRdjil said:

But what about inflation?

You looking for an inflatable twat?

[Pureblood]

41 minutes ago, viRdjil said:

But what about inflation?

Haha.

[Strontium]

3 hours ago, Boss said:

It wasn't speculation that drove the mortgage market up, it was cheap credit and the banks relaxing their policies on borrowing to include people with a poor credit rating.

 

That's not true at all. Speculation was a major contributor to the housing bubble that precipitated the financial crisis. Both in terms of housing speculation by buyers, and investor speculation on mortgage-backed securities.

[Boss]

32 minutes ago, Sixtimes Dog said:

 

That's not true at all. Speculation was a major contributor to the housing bubble that precipitated the financial crisis. Both in terms of housing speculation by buyers, and investor speculation on mortgage-backed securities.

 

It definitely had a component of speculation, no doubt about it - like any bubble. It was equally caused by the low interest rates and the greed of the banks abandoning strict lending requirements to take advantage of it. There were multiple factors at play. It wasn't purely speculative, but yeah speculation certainly played it's part on both sides (buyer and investor).

[Bjornebye]

1 hour ago, viRdjil said:

But what about inflation?

Its gone up since this argument started 

[Pureblood]

8 minutes ago, Boss said:

 

It definitely had a component of speculation, no doubt about it - like any bubble. It was equally caused by the low interest rates and the greed of the banks abandoning strict lending requirements to take advantage of it. There were multiple factors at play. It wasn't purely speculative, but yeah speculation certainly played it's part on both sides (buyer and investor).

I think the main factor was foreigners der terk er jerbs.

[Boss]

Just now, TK421 said:

I think the main factor was foreigners der terk er jerbs.

 

I refer you back to A Red's succinct point.

[moof]

Guys... this is fuckin boring 

[A Red]

8 minutes ago, moof said:

Guys... this is fuckin boring 

Lads..... this is fuckin boring, if you dont mind

[aRdja]

12 minutes ago, moof said:

Guys... this is fuckin boring 

I find it difficult to leave outlandish claims unchallenged. 

[TheHowieLama]

Buying a house for your primary residence is not speculation -- it is investment. 

 

Buying a house (or a few) with the goal of flipping them in a few months is speculation.

 

Safe to say, most on here believe Corbyn (that was after all how the discussion began) invested in his home correct?

[Pureblood]

1 minute ago, TheHowieLama said:

Buying a house for your primary residence is not speculation -- it is investment. 

 

Buying a house (or a few) with the goal of flipping them in a few months is speculation.

 

Safe to say, most on here believe Corbyn (that was after all how the discussion began) invested in his home correct?

Yes, I think that just about ZZZZZZZzzzzzzzzZZZZZZZZZZ

[TheHowieLama]

Heh, just aboutzzzzzzzz.

 

 

 

[Babb'sBurstNad]

Anti-semidetachedism.

[A Red]

17 hours ago, AngryofTuebrook said:

You buy a house because you need a place to live, not because you're speculating on price increases (unless you're a cunt).

I missed this, are you a cunt for buying a house in order to make money from it from its increase in value or as a holiday letting?

[AngryOfTuebrook]

37 minutes ago, TheHowieLama said:

Buying a house for your primary residence is not speculation -- it is investment. 

 

Buying a house (or a few) with the goal of flipping them in a few months is speculation.

 

Safe to say, most on here believe Corbyn (that was after all how the discussion began) invested in his home correct?

I disagree with your definitions.

 

Buying a house for your primary home is just, y'know, buying something you need. It's a purchase, like when you buy your dinner or your clothes. 

 

Buying a house in need of renovation, working on it (adding value to it) and selling it on is an investment. It is a productive activity. 

 

Buying a house, doing nothing to it and waiting for the price to increase due to the actions of others (Government economic policy, local investments, etc.) is speculation. It is an unproductive activity. 

 

I have no idea about Corbyn's living arrangements, but I suspect it falls into the first category. 

[AngryOfTuebrook]

27 minutes ago, A Red said:

I missed this, are you a cunt for buying a house in order to make money from it from its increase in value or as a holiday letting?

If you do nothing to add value to it, then you are part of the problem. 

[aRdja]

1 minute ago, AngryofTuebrook said:

Buying a house for your primary home is just, y'know, buying something you need. It's a purchase, like when you buy your dinner or your clothes. 

No tax

2 minutes ago, AngryofTuebrook said:

Buying a house in need of renovation, working on it (adding value to it) and selling it on is an investment. It is a productive activity. 

Tax

2 minutes ago, AngryofTuebrook said:

Buying a house, doing nothing to it and waiting for the price to increase due to the actions of others (Government economic policy, local investments, etc.) is speculation. It is an unproductive activity. 

Tax

[A Red]

1 minute ago, AngryofTuebrook said:

If you do nothing to add value to it, then you are part of the problem. 

Not me in this instance, Sebastian Corbyn

[TheHowieLama]

16 minutes ago, AngryofTuebrook said:

I disagree with your definitions.

 

Buying a house for your primary home is just, y'know, buying something you need. It's a purchase, like when you buy your dinner or your clothes. 

 

Buying a house in need of renovation, working on it (adding value to it) and selling it on is an investment. It is a productive activity. 

 

Buying a house, doing nothing to it and waiting for the price to increase due to the actions of others (Government economic policy, local investments, etc.) is speculation. It is an unproductive activity. 

 

I have no idea about Corbyn's living arrangements, but I suspect it falls into the first category. 

Well not surprisingly I disagree with yours. Everyone needs a place to live. I know a bunch of people who have bought houses - some well off, others not so well off but choosing to pay more than rent because - well because it is an investment. For most, it is the single biggest investment they will own. And, no, you do not need to buy it, there are plenty for rent.

Not a single person I know has ever purchased a property without thinking of re-sale value. So stuff like build quality and current condition come into play, but as important are the quality of the public schools, roads/access, public services in that area, neighborhood rules on what can be done to the property etc... all are considered.

 

So it really has nothing in common with buying a cheeseburger or a pair of jeans. Nothing. Comparing disposable goods with property seems daft.

Do you own a home?

[moof]

11 minutes ago, A Red said:

Not me in this instance, Sebastian Corbyn

Hahaha what a twist

 

”gotem”

[Boss]

There are far too many taxes as it is. Most of them are a load of fucking bollocks designed to extract more and more money from people. Sugar tax? Fuck off! They should be getting out of the way of peoples lives, not scheming up new ways to interject themselves in.

[Bjornebye]

5 minutes ago, Boss said:

There are far too many taxes as it is. Most of them are a load of fucking bollocks designed to extract more and more money from people. Sugar tax? Fuck off! They should be getting out of the way of peoples lives, not scheming up new ways to interject themselves in.

I know yeah bring back Pound a Pint, 50p Mitsubishi Turbos and Ciggies for 10p a pop! 

[Numero Veinticinco]

7 minutes ago, Boss said:

There are far too many taxes as it is. Most of them are a load of fucking bollocks designed to extract more and more money from people. Sugar tax? Fuck off! They should be getting out of the way of peoples lives, not scheming up new ways to interject themselves in.

And that’s your opinion. Others disagree. That’s why we have elections. Talking about it like it’s a fact rather than a viewpoint isn’t going to convince anyone, though. 

[Boss]

1 minute ago, Numero Veinticinco said:

And that’s your opinion. Others disagree. That’s why we have elections. Talking about it like it’s a fact rather than a viewpoint isn’t going to convince anyone, though. 

 

Absolutely. It's not my intention to present myself as if I'm speaking fact, it's simply my subjective opinion - which has no more weight than anyone else. Then again that should be taken as read. We're all speaking candidly here.