The Best Cyprus Community

Skip to content


Financial World

Feel free to talk about anything that you want.

Re: Financial World

Postby Lordo » Tue Dec 21, 2021 9:41 pm

Here is an example of a CEO trying to get out of paying people the pensions they paid into. After a very long strugle they only got 88% of their pension and the swine got the rest.

https://www.bbc.co.uk/news/business-40421414
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22285
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Financial World

Postby Lordo » Tue Dec 21, 2021 9:48 pm

During the pandemic I came across on a very intersting statistic. Of the working people in the UK half earn less that 25,000 a year. In a country where you would be lucky to be able to buy a house for under 250,000. That is 10 times the average wage of a person. I remember back in early 80s houses were on average under 20, 000 and wages were between 5, 000 a year. People tell me yongsters are a lot better off now then we were then.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22285
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Financial World

Postby Maximus » Tue Dec 21, 2021 10:23 pm

What kind of house could you buy in the UK, for an average under 20k in the 80's.

You are crazy man,

The Nationwide housing data says it was about 100k.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Financial World

Postby Maximus » Tue Dec 21, 2021 10:40 pm

Do you know what the primary reasons is for the increase in property prices in western countries Bordo?

Asylum seekers and mass immigration..

When the demand of property far exceeds the supply of it, property prices and rents go up.

The main reason why younger generations cant buy property is because the supply of it cant catch up with the demand for it.

There is something to be said for charity, its comes at a cost.
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Financial World

Postby Lordo » Tue Dec 21, 2021 11:46 pm

Maximus wrote:Do you know what the primary reasons is for the increase in property prices in western countries Bordo?

Asylum seekers and mass immigration..

When the demand of property far exceeds the supply of it, property prices and rents go up.

The main reason why younger generations cant buy property is because the supply of it cant catch up with the demand for it.

There is something to be said for charity, its comes at a cost.

Does it? Since when assylum seekers or migrants have been able to effect house prices. I used to joke aout you speaking through your ass but this is not a joking matter.

These poor people come into a country and do all the jobs locals don't do at rock bottom renting homes 4 to room. Gavole. You really have not got a clue about anything.

Did you also know that there are over 650,000 homes empty in England alone. Of course keeping houses empty and reducing supply cannot possibly increase the house prices can it. FFS think before you post.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22285
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Financial World

Postby Maximus » Wed Dec 22, 2021 12:16 am

Lordo wrote:
Maximus wrote:Do you know what the primary reasons is for the increase in property prices in western countries Bordo?

Asylum seekers and mass immigration..

When the demand of property far exceeds the supply of it, property prices and rents go up.

The main reason why younger generations cant buy property is because the supply of it cant catch up with the demand for it.

There is something to be said for charity, its comes at a cost.

Does it? Since when assylum seekers or migrants have been able to effect house prices. I used to joke aout you speaking through your ass but this is not a joking matter.

These poor people come into a country and do all the jobs locals don't do at rock bottom renting homes 4 to room. Gavole. You really have not got a clue about anything.

Did you also know that there are over 650,000 homes empty in England alone. Of course keeping houses empty and reducing supply cannot possibly increase the house prices can it. FFS think before you post.


:shock:

Yes it does, house prices are affected by supply and demand.

Migrants and asylum seekers create more demand for accommodation and the supply of housing cant keep up with the pace of immigration.

We are not talking about the jobs these people do, we are talking about basic economics, supply and demand and the affect it as on price.

:roll:
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Financial World

Postby Lordo » Wed Dec 22, 2021 12:37 am

The population has gone from 56 million to 65 million in 40 years. That is 250,000 increase per year. Which includes migrants and births. You think this increase would cause such increase in prices?

Get your abacus out and do it again. You are throwing ideas in the air which has no basis. In any case every year a lot of people leave the country too. So that also reduces demand.

One thing that increased demand was Arab oil money, they came in and bought properties like there is no tomorrow. But you can hardly class them as assylum seekers or refugees.

I think it is going to be back to the toilet brush again.
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22285
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Financial World

Postby Maximus » Wed Dec 22, 2021 1:46 pm

You havent got a clue what you are talking about and the contradictions in your argument seem to allude you.

honestly I dont see the point in trying to communicate with you, it is waste of time.

:roll:
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

Re: Financial World

Postby Lordo » Wed Dec 22, 2021 2:32 pm

Maximus wrote:You havent got a clue what you are talking about and the contradictions in your argument seem to allude you.

honestly I dont see the point in trying to communicate with you, it is waste of time.

:roll:

Hang on one god damn moment boy. Either you have not got a clue what I am on about or I have contradictions. If you have not got a clue, how did you identify the contradictions.

When one is a fool one must stay silent and leave doubt and not talk and remove all doubt dear boy.

Back to toilet brush activities for the rest of the day for you dear boy
User avatar
Lordo
Leading Contributor
Leading Contributor
 
Posts: 22285
Joined: Wed Oct 05, 2011 2:13 pm
Location: From the river to the sea, Palestine will be free. Walk on Swine walk on

Re: Financial World

Postby Maximus » Wed Dec 22, 2021 2:42 pm

What is your BS argument, fool......

That house prices are not affected by supply and demand?

or that population increases of 250k per year (in the UK) is not an increase because people are leaving too? :lol:

or is it only Arab oil money that increases demand for housing? :roll:

or is it that assylum seekers and immigration doesnt affect house prices?

:roll:
Maximus
Main Contributor
Main Contributor
 
Posts: 7594
Joined: Wed Aug 10, 2011 7:23 pm

PreviousNext

Return to General Chat

Who is online

Users browsing this forum: No registered users and 0 guests