Kwasi economics....

Page may contain affiliate links. Please see terms for details.
Funny how many people like to live in what's thought of as a 'right wing' area but hold very opposite views?

I don’t think that necessarily follows. London is politically Labour on the whole and I have chosen to live here most of my life. I’m not sure anyone decides on a home town based on the MP at the time.

Edit:
Actually, that’s not quite true. We rejected Lichfield for obvious reasons.
 
D

Deleted member 28

Guest
I don’t think that necessarily follows. London is politically Labour on the whole and I have chosen to live here most of my life. I’m not sure anyone decides on a home town based on the MP at the time.

Edit:
Actually, that’s not quite true. We rejected Lichfield for obvious reasons.

In all fairness choosing to live in London doesn't really say too much does it?

Where about in 'Staffs ' will you be looking at moving to, just as a matter of interest. I assume Lichfield is a bit too Blue then?

I've a mate who lives in Whittington, nice little Village.
 

Rusty Nails

Country Member
Dunno but you might have your work cut out finding a local 'campaign group'.

Funny how many people like to live in what's thought of as a 'right wing' area but hold very opposite views?

Our own foodlenoodle for example, living the high life in Devon with all it's Tory Councillors and no doubt a little nicer place to be opposed to downtown Peckham for example.

I know. If only people knew their place we'd all be happier, as Huq implied about Kwarteng.
 
Last edited:
OP
OP
Fab Foodie

Fab Foodie

Legendary Member
It was the late 80's and the early 90's housing slump was the reaction to interest rates plus recession.

I was too young to buy a house in the late 80's but old enough to remember it. People were in negative equity and struggling for years afterwards because of they bought "at the wrong time". It screwed their lives for decade or more. This was not a failure of forward planning, just that they were not the right age to ride the property wave profitably.

Mortgages have had limits associated with borrowing, but on an amortised basis, so individually you can get massive multiples but lenders have to hit average targets.

In an ideal world the government would manage fiscal policy on housing to keep prices in check since demand / supply is very rarely going to be in equilibrium. Put simply, you cannot build yourself out of a housing bubble (see China), the government needs to use tax and benefit policies to manage market excess. Except that would be very unpopular with core voters and people - for reasons that are utterly irrational - like their property price to increase. So it doesn't get done.

I recall ~15% interest rates and losing £16k on a 1 bedroom flat in South London....
 
Where about in 'Staffs ' will you be looking at moving to, just as a matter of interest. I assume Lichfield is a bit too Blue then?
Too Fabricanty for me. I’m sorry to say Chris Philp is my current MP and that’s burden enough.

Currently favouring Stone, Eccleshall, or thereabouts. Way off topic now, the impending house price realignment being the only tenuous link.
 

stowie

Active Member
I recall ~15% interest rates and losing £16k on a 1 bedroom flat in South London....

I knew someone who bought exactly at the wrong time in the Midlands, and fell into massive negative equity and behind on payments due to redundancy with a house that became almost unsaleable. He handed the keys back to the bank and left but was under the cloud of the debt for a long time afterwards.
 
D

Deleted member 28

Guest
I know. If only people knew their place we'd all be happier, as Huq implied about Kwarteng.

How so?

It's so easy condemning Tory policies and right wing views yet it appears people want to live in areas of the country run and inhabited by the very people who hold those views, how strange?
 
D

Deleted member 28

Guest
I recall ~15% interest rates and losing £16k on a 1 bedroom flat in South London....

Only lose if you're forced to sell, had the same but sat it out and sold up when the market bounced back.

Same with shares really, don't panic and they generally come back up.
 

Rusty Nails

Country Member
How so?

It's so easy condemning Tory policies and right wing views yet it appears people want to live in areas of the country run and inhabited by the very people who hold those views, how strange?
My comment was ironic, not literal.

People choose to live in places for all sorts of reasons...family, work, scenery, affordability, weather, seaside, mountains etc. Very rarely is it because it has a lot of people with particular party political points of view or because the MP is from a particular party. It would be a very strange person to make that a consideration.

Based on your very strange reasoning I would have changed house several times when the constituency changed between parties.
 
D

Deleted member 28

Guest
My comment was ironic, not literal.

People choose to live in places for all sorts of reasons...family, work, scenery, affordability, weather, seaside, mountains etc. Very rarely is it because it has a lot of people with particular party political points of view or because the MP is from a particular party. It would be a very strange person to make that a consideration.

Based on your very strange reasoning I would have changed house several times when the constituency changed between parties.

On the whole though are the nicer places to live in this country left or right leaning areas?
 

Rusty Nails

Country Member
On the whole though are the nicer places to live in this country left or right leaning areas?

I don't know do you? I am not sure what definition you would use for nice. I would not necessarily call a leafy, rural village nice, in fact I would hate it, but there are many more industrial towns I could happily live in.

The question is: are those places wealthier (often that is what is meant by "nice") because they are Tory areas or are Tories, who are in the main better off and can afford those places, better able to move and live there?

Are Tories who live in Labour seats hypocrites, or is it just Labour supporters who live in Tory seats?

I am not sure that my response fits into your simplistic view of where Tories or Labour supporters should live, or even what that means for LD, Green, National party supporters, but life and decisions are usually more complicated than binary reasoning.
 
Top Bottom