Give Boris Some Credit

[EddieM]

Really? Don't talk about what you don't know about you ageist little twit.

There is a common misconception that we've had it easy all our lives. Well, there's been something like 4 recessions in my working life (not just 2008) which doesn't seem to bear that out. At the worst point in this area (early 1980s) we had 19% unemployment (national average at the time was about 12%). Compare that with 3.8% at present. Want an idea of what such unemployment does to people, go watch Alan Bleasdale's "Boys from the Black Stuff" which truly reflects this country 40 years ago when we were regarded as the sick man of Europe. Then tell me and my generation that we've had it easy. My first mortgage was at the eye-watering rate of 12% interest and both me and the missus had to take a second job for several years to get on the property ladder, as did many others at the time. Have you ever needed to do that mister IT genius?

I, like many others remember interest rates going up to 15% albeit briefly in 1992/3 ? My mortgage repayments were higher than my salary for a while. Add to that I'm one of the ones that were sold some of the last of the endowment mortgages, which turned out to be useless. Also back then, lending was very strict. 3x your salary, very difficult to get an exception. Still at least back then houses were seen more as a place to live, rather than a pension substitute. Probably not going to happen, but I'd love to see house prices crash to the floor.

 

[JohnD]

Sounds like Boris's talk tonight will be a bit underwhelming if people expect much of a change. More of a slogan change.

You were right.

 

[ellal]

Probably not going to happen, but I'd love to see house prices crash to the floor.

I wouldn't rule out that happening.

The virus and all it's financial implications such as a looming world depression.
And of course brexit.

Where's the money going to come from for people to pay these over the top prices?
And how are the banks going to be able to lend when the government (tax payer) money tree runs out?

 

[crystal ball]

I, like many others remember interest rates going up to 15% albeit briefly in 1992/3 ? My mortgage repayments were higher than my salary for a while. Add to that I'm one of the ones that were sold some of the last of the endowment mortgages, which turned out to be useless. Also back then, lending was very strict. 3x your salary, very difficult to get an exception. Still at least back then houses were seen more as a place to live, rather than a pension substitute. Probably not going to happen, but I'd love to see house prices crash to the floor.

I have never seen houses as just place to live, its an investment either for your dependants or yourself and thats how most of my friends see them, thanks for your wish to see prices crash, you do realise what that would cause don't you?

 

[Mottie]

thanks for your wish to see prices crash, you do realise what that would cause don't you?

Affordable houses for all instead of renting from slum landlords?

At the moment, the reason we are leaving houses for our children is so that they can....afford a house! If they were more affordable, there’d be no need. Main losers would be the investors/speculators/landlords.

 

[durhamplumber]

I think he heard you the first time brown nose.

Fekoff

 

[fillyboy]

I, like many others remember interest rates going up to 15% albeit briefly in 1992/3 ?

I think I sh1t my pants that day, Black Wednesday, although I tend to think of it as 'Brown' Wednesday. when we pulled out of the ERM, long term best thing we ever did.

https://en.wikipedia.org/wiki/Black_Wednesday

 

[Notch7]

long term best thing we ever did

unlike brexit, the worst long term a minority in this country wanted

never mind, brexit wont really happen now -both UK and EU will have to have a deal, the UK absolutely cant afford to continue pandering to gammons, its gott grow up and realise we need close relations with our biggest trade partner.

whatever brexit you wanted -its out of the window

 

[fillyboy]

unlike brexit, the worst long term a minority in this country wanted

never mind, brexit wont really happen now -both UK and EU will have to have a deal, the UK absolutely cant afford to continue pandering to gammons, its gott grow up and realise we need close relations with our biggest trade partner.

whatever brexit you wanted -its out of the window

meanwhile, on a planet far far away.

 

[securespark]

Let's see how it pans out.

 

[Notch7]

meanwhile, on a planet far far away.

brexit is dead in the water

-we are in the grip of a new world order, breaking up integrated supply chains would be catastrophic in this economic environment.

If your heros "Johnson and the Gammons" wants to carry on -great, the more damage they inflict, the harder they will fall.

 

[Mottie]

Let's see how it pans out.

Yes let’s, because until it’s been going a good few years, NOBODY can say how good it has turned out!

 

[durhamplumber]

minority in this country wanted

Been through this umpteen times....Majority of the electorate who bothered to vote.

 

[durhamplumber]

whatever brexit you wanted -its out of the window

Time will tell...you said we would never come this far...you been saying same stuff for years...Always proved wrong.

 

[SirGalahad]

This Government is proving it is incapable of handling a crisis, they will make a shambles of Brexit as well. Only now they will pile the s hit mess they made of their covid response onto the s hit mess of Brexit and it will be all one big s hit mess so that all the Brexiteers on here can then claim well Brexit would have been a success if it wasn't for covid. You can hide a pile of s hit under an even bigger pile of s hit.