We want to share an important update with our Betfair Community users.
Over the coming months, the Betfair Community platform will be winding down. The final active day for the platform will be December 21st. From December 22nd, users will no longer be able to access the platform.
Your discussions, insights, engagement, and, most importantly, feedback have helped shape the platform and guided innovation. Your feedback continues to be important to us, and we will continue to listen via our dedicated feedback channels, as well as through product testing and innovations.
To share your feedback and experience, visit: https://support.betfair.com/app/home
Chit Chat
There is currently 1 person viewing this thread.
These 59 comments are related to the topic:
Miliband's Very Low Grocery Spend
Miliband's Very Low Grocery Spend
sort by:
Show
per page
Replies: 59
|
By:
he then dug a hole saying
fruit & veg  |
|
By:
the electorate is full of twerps who think a 200% increase in the cost of property makes them richer rather than poorer.
The same twerps who think that a drop in house prices makes them poorer rather than richer? If I took out a mortgage for a house, I know which way I'd want house prices to go and it wouldn't be down. |
|
By:
I totally agree with Crippen....the electorate might be twerps but they usually have a basic understanding that one becomes richer holding assets that go up in value
|
|
By:
Something that isn't understood by a lot of people it seems, is that you need a buoyant housing market in order for new houses to be built.
If house prices are falling no one will build new houses because they can't sell them. And no one will lend money on an asset that is falling anyway. Or if they do they'll want a very large deposit to cover themselves. The over supply of housing will create that undesirable position as we have seen in Ireland and Spain. They have to get the balance correct between supply and demand or the market will grind to a halt. At the moment supply is lagging too far behind demand. Better that than the other way around where no one is prepared to lend on a property at all. |
|
By:
I spent that on a meal for two yesterday - including tip!!!! wtf is millipede on about - the liar!!!!
|
|
By:
But then that is how the lentil munchers want us to live!!!! Neil from the Young Ones ha ha!!
|
|
By:
Ed had a bad day yesterday. An interview on radio Wiltshire...
Presenter: What do you make of Jim Grant? EM: I beg your pardon? Presenter: Jim Grant, do you think he has done a good job? EM: I think that lots of Labour representatives are doing a good job right across the country and I… Presenter: You do know who Jim Grant is Mr Miliband? EM: You will enlighten me I am sure. Presenter: Swindon Labour leader. EM: Yeah I think he is doing a good job. Presenter: Will he feel like you support him enough if you don’t even know his name? EM: Well he is doing a good job as leader of the council Jim is and I think that is the case. Presenter: I mean it’s Swindon Labour leader. Do you think by your comments now people might be a bit perplexed by why you wouldn’t know who Jim Grant is? EM: No, I know that Jim is doing a good job for Swindon and I think he is doing a good job as leader of the council. Presenter: But he is not leader of the council is he Mr Miliband? It’s a Conservative led council. EM: I think he is doing a good job for Labour on the council. I think he is doing a good job for Labour on the council. Presenter: So let’s be clear. Who runs Swindon council? EM: It’s a Conservative controlled council. |
|
By:
Miliband has never been able to think on his feet.
He's in for a rough time when the election campaign starts properly. |
|
By:
Don't think £80 or a bit over is unreasonable for a weekly shop if he does not buy wine. He must east out a lot due to his work so its not like he spends just £80 and has lots of meals at home.
|
|
By:
Plus I doubt he takes a packed lunch with him every day. The comparison between someone spending £80 on a meal out is unfair. He probably spends quite a lot on eating out but he was talking about his grocery budget for the home and he might only spend a few days a week at home sometimes.
|
|
By:
Never mind - we know that millipede is lying and saying anything he can to ingratiate himself with the public.
|
|
By:
FFS. You buy a flat for £80,000. You would like to start a family and notice that a small house costs £150,000, meaning you would need to find another &70,000. You start planning and saving.
Meanwhile, thanks to rock-bottom interest rates, property prices rise by 50%. Yippee! You're 50% richer! Your flat's worth £120,000! And the house you need to buy to start a family? That now costs £225,000. So to buy that house you now need to find not the £70,000 for which you had been budgeting, but £105,000. But if property prices FELL by 50%, you'd only need to pay another £35,000 to move somewhere decent. And what the hell is "undesirable" about the property market in Ireland? Big, well-appointed houses with land, for the cost of a flat in SE England? The spivs and speculators who created the oversupply wiped out. Lack of house building in England has absolutely nothing to do with the price at which houses are sold. They're higher now than they've ever been. What more return on investment can housebuilders want? The brake on housebuilding is down to locals objecting to any and every development. As it happens, I own a house in the country, with no mortgage, and there's nothing that would give me greater pleasure than to see its value plummet by 75% back to its value 25 years ago. Suddenly my savings would have value again, as a means to move somewhere with a bit of land. |
|
By:
I agree with Screaming. Nothing great about really high and increasing property prices unless you're a big land owner or own more than one property. If you don't own any property/land and your parents or grand parents can't give you any then it really sucks. Then you might have to work 10 hours per week all your life just for the right to reside on a tiny piece of land, but everyone needs a tiny piece of land to reside on yeah?. (I assume that the reason that your homes are so small and expensive in England is that the price of land is very high.) How about a really high monthly fee for the right to breathe air too? It would of course be paid to the guy who owns the air in your area.
|
|
By:
Thank you, Mr.Anderson. You get it.
The average price of agricultural land in England is just under £7,000/acre. The average price of land with planning permission to build 16 houses is £800,000/acre. This is down to locals objecting to every attempt everywhere at obtaining planning permission. |
|
By:
Slightly getting sidetracked but totally agree. If you own your home the main benefit it gives you if property prices are going up is being able to brag to those poor unfortunates in your family and friends who don't have one is how much it has gone up in value. How very sad and very British. The house is for living in. A housing market correction of 50% would generally be wonderful news but not for the banks for whom all the dancing of 2008 was really about.
Beyond that politicians generally live in their own grasping little world. The higher up the greasy pole they have clambered the more out of touch they tend to be and the more shiite they spout. Milliband looks and sounds very odd. He probably is very odd. |
|
By:
You are correct screaming. High house prices turns the young workforce into indentured labour and transfers wealth from them to the older property holding generations. Is it any wonder unemployment becomes a lifestyle choice if one can get free housing?
Fifty years ago when mortgages were limited to 3 times salary and a substantial deposit had to be saved first, basic housing could be bought on a single salary leaving the wife to bring up the children. The introduction of widespread female employment just pushed up house prices until it became essential to have two wages in order to be able to buy. Is that really progress? |
|
By:
No.
|
|
By:
i really think the young people are completely fecked when it comes to housing , most will be lifelong renters,around my way anyway. I don't know about the rest of the country, but around here most middle aged people own a house and are set to inherit houses from their elderly parents over the next 20 years, which they will end up renting out as a secondary income/pension for their old age as they have not saved enough for their own old age.
|
|
By:
If my in-laws snuff it before me, I'll grieve for all of 10 minutes, then flog the house, split proceeds with wifes sister, then we're off on a facking long holiday.
|
|
By:
a big thing about high house prices is the longterm debt people get saddled with. the higher mortgage repayments people are paying, the less money they have to spend on other things, which obviously then screws businesses.
one major reason house prices are always so high, is nobody wants to live in poorer areas cos theyre no-go areas. that wasn't the case back in even the 80s, cos poorer areas were full of working people. the more working people move to better areas, the worse the poor areas become...and the more working people want to get out. its a vicious duberry. obviously the decimation of traditional working class jobs has caused that, most people in poor areas are on benefits these days. |