about the 20th or so proposal on how to spend the imaginary 350 mil £/week. with all the plans you need a few dozens brexits more to finance all this : D
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IIRC he rented.
It should be financed with a tax on property that gets serious at higher levels.
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No, my understanding was that he and his wife own the flat.
…except that we have MPs of the two main political parties opposed to nationalisation, and there are strong arguments against subsidised rail in the UK - mainly that the people who benefit most from it are not the ones paying for it
Also - adequate transportation infrastructure? Not by other densely populated developed world standards it isn’t.
You have the rail and right-of-way penetration, the problem is the equipment maintenance and operation/pricing structure.
[quote=“Enkita, post:65, topic:80865”]
strong arguments against subsidised rail in the UK - mainly that the people who benefit most from it are not the ones paying for it[/quote]
Right now the people who benefit the most from rail in the UK are the people who own the companies. Are the arguments you’re referring to supported by studies, or simply statements people make, and do the studies consider the possibility that with appropriate pricing people (other than those in country manors) could live outside the city and commute in?
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I second this. Russian solar lamps are good and not too expensive, they have had an awful lot of experience with vitamin D deficiency. The whole President Putin riding horse bare chested is more to do with Russian medical advice than machismo. In winter Russian women will, literally, wear underwear under fur coats and find spots in the park out of the wind and facing the sun so they can open their coats quickly to get the UV. This doesn’t seem to have spread to London yet.
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+1
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Does Seattle not have suburbs with more reasonable prices ? We even do the “move to the 'burbs for reasonable home prices & commute” thing in D/FW, which has pretty decent housing costs already.
It’s always been true that trendy areas are more expensive. And “cool, hip” neighborhoods in/near downtown areas are what’s trendy right now. Supply & demand, etc… Doesn’t mean all housing costs are outrageous.
Selfish? No.
Privileged? Yes.
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Those are fairly rapidly not being reasonable.
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I do feel privileged, especially as we only had 0.4 bedrooms each when I was a kid.
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So the landholders are losing ground on the top end. Where do you think they will squeeze to keep their profits up? The bottom end. So everybody(except the highborn) can expect a rise in rent, soon, with some damn justification to sell it, and, as usual, you have to bend over and take it, or be out on the street. And this is true all over the world. “Thanks, Brexit” should become new slang for getting screwed over.
hahhahhahahahhaha… no.
If MrsTobinL and I hadn’t bought before the crazy we would not be within 30 miles of Seattle. Unless you wanna live way out in farmland areas even the ‘burbs’ are overpriced.
ETA a lot of the tech employers are not in Seattle proper but in the burbs which have driven up property prices like crazy there as well. Heck all my current job nibbles have been back in the same area as my last job and even with the reverse commute it sucked. The burbs depending are either MORE expensive or a way worse commute.
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Good! Financial bubbles are made to burst, and the London property bubble is one of the most vicious of its kind.
Those who lose out in this Ponzi scheme should all have known better.
AND London would do well to ban anyone from owning property in the city without either renting it out for full-time residency, or living there full-time themselves. In fact, they should have done that a long time ago. Ban non-resident ownership and start by expropriating all non-dom properties at their post-bubble values. Cities should be affordable.
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But you’ll need to find a new way to fund United Kingdom Current Account
The expropriated properties will become council houses and people will pay rent. 
Anyway, that’s a different problem. I propose to tax the rich some more.
And stop any and all military engagements abroad, like NOW! Imagine if the government never wasted all that money on futile wars in Iraq and Afghanistan.
[quote=“agger_modspil, post:77, topic:80865”]
tax the rich some more.[/quote]
You’re thinking government budget, not current account.
No matter how you move money between left and right pocket within the country you still need to sell something to foreigners in order to buy things you want from them.
And selling them ludicrously overpriced London property has been a pretty sweet scam.
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And increasingly there is little difference between them in terms of living standards compared to that of their overlords.
“The rich man in his castle, the poor man at his gate” increasingly looks like dystopic prediction rather than 19th century status quo-ism.
Are you serious?
