I'm aware of that but that wasn't my motivation for buying a house hence why I queried the assertion that people only buy property to 'better themselves'.
In any case how does the property value increasing actually benefit me? I can't realise that value without selling it and then I have nowhere to live, I've got no kids so leaving an inheritance is a non issue.
In other countries I've lived the differential between renting and purchasing has been much smaller which gives you more flexibility. For example if I need to move for my job its a lot harder when it involves selling and buying rather than just renting yet we're regularly told people should just move to where the jobs are.
Tom Harwood bang on the button
Although ignoring the real issue. Boris couldn’t do any better either. Just consider that. There’s no one better in the Conservative party than the ironically named James Cleverly. What a time to be alive.
I actually bought it purely because it was better than renting and I had absolutely no chance of buying a private property in London . What should I have done ?Hold up a moment here. I'm not for a moment saying what you did was wrong, but what you actually did was took advantage of an opportunity to buy publicly provided housing on the cheap, and then sell it later for a substantial profit.
Individually that might be fair enough, but if that housing stock isn't replenished (it wasn't) then it makes it harder for everyone else looking for a place to live. The flaw was in the policy rather than what you did, and it's about to be repeated if Johnson gets his way.
I also, politely, don't exactly see it as bettering yourself as much as being smart enough to take advantage of an opportunity. Not everyone has that chance, it doesn't mean that they don't want to 'better themselves' too.
I actually bought it purely because it was better than renting and I had absolutely no chance of buying a private property in London . What should I have done ?
What I did with it a few years later was to sell it because I realised that was as far as I would ever get on the property market in London and having renovated it I could make a few quid and move back to the Midlands.
If that's immoral I'm fine with it.
If that housing stock isn't replenished that's nowt to do with me.
Great post You are absolutely right. It is far, far more difficult now and hence I have had to help my kids out with deposits etc. I didn't need that leg up when I was young . It's wrong that young people can't get on the property ladder until they are well into their 30s. It's truly terrible . However, it's odd for someone to suggest my buying of a council flat was morally wrong in some way. Lots of tenants did it. What happened subsequent in terms of housing policies etc is not my doing. But you're right. I was very fortunate in many ways.I don't think anyone is saying it's immoral or the wrong thing to do.
Just that it was much easier to do back then, so the idea that all someone has to do to get on the property ladder is to work harder or want to better themselves and provide for the kids is wrong. It's just not possible for someone people no matter how much they want it.
You were very fortunate to have that chance, many people today are not so fortunate.
I don't think anyone is saying it's immoral or the wrong thing to do.
Just that it was much easier to do back then, so the idea that all someone has to do to get on the property ladder is to work harder or want to better themselves and provide for the kids is wrong. It's just not possible for someone people no matter how much they want it.
You were very fortunate to have that chance, many people today are not so fortunate.
No FPN, Johnson stays until next election, I think a competent if dull man in a suit plays well against him. No FPN, Johnson leaves and, say, Jeremy Hunt takes over, voters tend to go for the blue man in a suit vs the red one. FPN, Starmer leaves, Labour get new leader bounce regardless of whether Johnson stays or goes, so can ameliorate him going to a certain extent. There's also something to be said for a gritty northern leader in opposition to southern-based Tory.
Of course the danger is the membership elect Richard Burgon!
Great post You are absolutely right. It is far, far more difficult now and hence I have had to help my kids out with deposits etc. I didn't need that leg up when I was young . It's wrong that young people can't get on the property ladder until they are well into their 30s. It's truly terrible . However, it's odd for someone to suggest my buying of a council flat was morally wrong in some way. Lots of tenants did it. What happened subsequent in terms of housing policies etc is not my doing. But you're right. I was very fortunate in many ways.
Having just looked at the prices, I'm hoping for an interest rate rise sharp-ish!
I actually bought it purely because it was better than renting and I had absolutely no chance of buying a private property in London . What should I have done ?
What I did with it a few years later was to sell it because I realised that was as far as I would ever get on the property market in London and having renovated it I could make a few quid and move back to the Midlands.
If that's immoral I'm fine with it.
If that housing stock isn't replenished that's nowt to do with me.
I live a comfortable life now and rattle around in a large house with an in and out driveway.
For the value of my house I could buy a 2 bed flat in a house conversion with no garden in the same area of London I lived in back then. Best decision I ever made .
Please point me again to the place where it was called immoral?
What I would say is that if you're supporting the party who are about to buy some votes by doing it again, then it's obviously up for challenge and might justifiably be considered selfish or short-sighted.
In the meantime, stop taking insults when none are being offered. Trust me, if I'm trying to offend you it will be pretty obvious.
Makes the RMT’s demands look more than reasonable
Birmingham Airport chief executive gets 49% pay rise
Nick Barton saw his pay increase to £595,000 as boss of Birmingham Airport, despite job cuts.www.bbc.co.uk
49% pay increase.
What are you on about? I bought a flat under the RTB scheme in the 1980s. Nothing to do with politics for me. I was in my early 20s trying to get my foot on the property ladder. I haven't said anything about supporting any party in the future so I have no idea why you have brought that up. What relevance is it ?Please point me again to the place where it was called immoral?
What I would say is that if you're supporting the party who are about to buy some votes by doing it again, then it's obviously up for challenge and might justifiably be considered selfish or short-sighted.
In the meantime, stop taking insults when none are being offered. Trust me, if I'm trying to offend you it will be pretty obvious.
What are you on about? I bought a flat under the RTB scheme in the 1980s. Nothing to do with politics for me. I was in my early 20s trying to get my foot on the property ladder. I haven't said anything about supporting any party in the future so I have no idea why you have brought that up. What relevance is it ?
As for whether it bettered me or not I think that's up to me to decide. As for making a substantial profit I don't recall saying anything other than I made a few quid.
Wow I think I've done pretty well to survive so many world wars
I think it’s the Daily Mail that broke the story.
Is that a request? I'm in.For everyone bar johnson
I think it’s the Daily Mail that broke the story.
Suella Baverman stepping up to take this one….It sounds like Boris’ army of idiots are going to claim that the elections were unfair because people were voting tactically, claiming a pact.
The whole world is his plaything. I have a certain admiration for himOf course its true, and he was going to get a Tory donor to pay for it.
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The whole world is his plaything. I have a certain admiration for him
He's just openly laughing at us really isn't he.
Just total and utter contempt for the people he's supposed to lead while mocking them as they plunge into a cost of living crisis.
And yet there are people out there who genuinely think he has their best interests at heart.
Well let's take some of the quotes from Thursday night
'He has worked valiantly for us'
'Come on he got Covid as well and got ill'
'I think people got sick of hearing about the parties'
People defend him like they would one of their friends. But this is a 'friend' who has turned you into a cuck of Will Smith proportions
It's just a cult really isn't it
Maybe we can chuck him under a train, and when Dorries comes out to privatise then it’s gonna send her head spinning.They stick to the defence of a man who without question would throw them all under the bus for an extra day in power.
I remember when you could buy a real house for that much
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