Current Affairs The Labour Party

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Starmer and Anneliese Dodds are a bit of a joke really. They agree with everything Boris is doing but then add that they would somehow do it better. It’s the most supine form of opposition I’ve ever seen. Other than wanting to remain in the EU, and of course he’s now ditched that, I haven’t a clue what he stands for or what he would do......
A bit Bidenesque really. Seems to believe if he stays quiet and doesn’t rock the boat for long enough Boris or one of his cabinet will create one calamity too many.
 
A bit Bidenesque really. Seems to believe if he stays quiet and doesn’t rock the boat for long enough Boris or one of his cabinet will create one calamity too many.

Well as they are cocking pretty well everything up so far this year, by the time this empty vessel kicks into gear they will probably have turned everything around and he will have missed the boat......
 
Well as they are cocking pretty well everything up so far this year, by the time this empty vessel kicks into gear they will probably have turned everything around and he will have missed the boat......
It’s possible I suppose. There is certainly plenty to turn around. Keeping schtum might work if there is an election 3 months away. I suspect people will expect much more pretty soon. That may come at the end of govt furlough payments / increasing unemployment / mortgage repossessions.
 
It’s possible I suppose. There is certainly plenty to turn around. Keeping schtum might work if there is an election 3 months away. I suspect people will expect much more pretty soon. That may come at the end of govt furlough payments / increasing unemployment / mortgage repossessions.

And then the Tories will show that he agreed with everything they proposed .....
 
It’s possible I suppose. There is certainly plenty to turn around. Keeping schtum might work if there is an election 3 months away. I suspect people will expect much more pretty soon. That may come at the end of govt furlough payments / increasing unemployment / mortgage repossessions.

2024 next election? Starmer does not need to do anything as an alternative for this election until conference 2022. Until then he can let Johnson and chums carry on Tories...
 
Home owners and old people.

''As in previous years, homeowners were more likely to vote Conservative in the 2019 election. According to Ipsos MORI’s figures, 57% of voters who owned their home outright voted Conservative, as did 43% of people with mortgages. By contrast, 45% of social renters and 46% of private renters voted Labour.

The 2011 Census tells us how many homeowners were in each constituency. At the time, around 64% of UK households owned their home, either outright or with a mortgage. 315 of the Conservatives’ 365 seats (86%) had home ownership levels above this average, compared with 53 of Labour’s 202 seats (26%).''

Housing is probably the biggest issue driving the wedge between young people voting Labour and old people making money on an asset voting tory who artificially keep house prices rising

I refer to the parties consistent historical success and the norms of Britishness.

I agree that once people get a house, kids cars and the yearly holidays abroad that they might see the world differently from the ideals and freedoms of youth.

Those that own properties will leave them to their kids/families and prior to that the bank of mum and dad is becoming more of a feature.

Two-thirds of British households own the house they live in and as you will know, house prices are linked to consumer spending and also the value of the pound. Don't get me wrong I think the price of property/land is unreasonable but it is an economic model that most are comfortable with.

A radical shift away from this would frighten most people and investment and would be a hard sell to the two-thirds of the UK that I mentioned earlier.
 
And then the Tories will show that he agreed with everything they proposed .....
I think his problems are two fold;
The general public (excluding committed Socialists) don’t want what they perceive to be a hard left govt and he can’t be seen to be jumping all over Boris in a time of national crisis. He may be ok at holding the govt to account through lawyerly scrutiny but he needs some policy alternatives if he ever aspires to be PM.
 
Maggie Thatcher's Tories built more houses in one year than New Labour did in 13 years. Yes, I was surprised too. Doesn't say much for Labours 'relevant' housing.

Barrett home rabbit hutches, wonderful or change in local authority house building to make it more difficult to non existent it's a fine legacy. Anyway, fast forward 2010 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019 and 2020, we've had little twerk to planning to make it easier to build wibbly wobbly rabbit hutches. Hip hip hooray!
 
I refer to the parties consistent historical success and the norms of Britishness.

I agree that once people get a house, kids cars and the yearly holidays abroad that they might see the world differently from the ideals and freedoms of youth.

Those that own properties will leave them to their kids/families and prior to that the bank of mum and dad is becoming more of a feature.

Two-thirds of British households own the house they live in and as you will know, house prices are linked to consumer spending and also the value of the pound. Don't get me wrong I think the price of property/land is unreasonable but it is an economic model that most are comfortable with.

A radical shift away from this would frighten most people and investment and would be a hard sell to the two-thirds of the UK that I mentioned earlier.
Just a bit puzzled. Could you please explain how house prices are linked to the value of the pound.
 
Just a bit puzzled. Could you please explain how house prices are linked to the value of the pound.

A growing housing market (increased property value) is linked to consumer spending which in turn leads to growth in the economy as a result of the ‘wealth effect’. A quick look suggests the value of the British property market currently stands at approximately £8 trillion. A drop in house prices negatively affects consumer confidence, a decreas in value negatively impacts investment in construction as the value is going in the wrong direction and leads to lower economic growth - which in turn can be a contributing factor in recession. So generally speaking, we could say that strong economies have strong currencies and that the consumer's part in supporting the economy is affected by property value.
 
A growing housing market (increased property value) is linked to consumer spending which in turn leads to growth in the economy as a result of the ‘wealth effect’. A quick look suggests the value of the British property market currently stands at approximately £8 trillion. A drop in house prices negatively affects consumer confidence, a decreas in value negatively impacts investment in construction as the value is going in the wrong direction and leads to lower economic growth - which in turn can be a contributing factor in recession. So generally speaking, we could say that strong economies have strong currencies and that the consumer's part in supporting the economy is affected by property value.
Your response doesn't explain how house prices are linked to the value of the pound. Let me try and make it simple. In the early 1960's, I worked for a firm who were dealers for an American company. We had to buy the products in US dollars. The sterling exchange rate was US $2.80. I bought my house (1959) for £1,750. Today, that house is worth £140,000, the current exchange rate is US $1.31. Don't see any link, because there isn't one.
The two great drivers of house prices are: Market demand and inflation. (Market demand includes low interest rates).
 
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