Housing market downbeat

[Vinty]

Yes, your most recent post #95 of how the 'EU freedom of movement' works - in your mind.

Sorry you think that, I was just reposting information which is in the public domain.

 

[EFLImpudence]

Increasing the number working age people in theory should result in bigger tax revenues coming in to pay for more infrastructure investment but the problem seems to be that a lot of these new workers are on low wages which means reduced tax revenues for government.
With the advent of free movement this has given the corporates an endless supply of cheap foreign Labour resulting in the driving down of wages and an over reliance on state subsidies by low paid workers.
The only solution seems to be that the minimum wage should be increased drastically which would save money spent on subsidising the profits of the multinationals also tax revenues would rise allowing for increased investment in social housing and infrastructure projects.
Of course there are those who would claim that increasing the minimum wage damages the economy but they said that when the minimum wage was first introduced.

I agree with you on this but, as with your other post it is not the rules of the EU which Britain is implementing.

 

[ban-all-sheds]

It's basic supply and demand. Not too difficult. Until a few years ago, our population was 60 million (officially), suddenly it's 65 million (officially) and rising daily. So, 5 million extra people (officially) need to be housed in a country with shortages of housing. Add in some cheap lending by the banks, and you have sustained house price inflation.

I suppose you don't believe that mass immigration is pushing up rents too. Supply and demand isn't too hard to grasp, surely?

No, supply and demand is not too hard to grasp.

What is too hard to grasp is that there is a set of people who have a low income and therefore by their existence increase the size of their class and that they are also members of a class who have sufficient income to reduce the size of the set of people who can afford housing,

 

[ban-all-sheds]

The only solution seems to be that the minimum wage should be increased drastically which would save money spent on subsidising the profits of the multinationals also tax revenues would rise allowing for increased investment in social housing and infrastructure projects.

Indeed.

So will you please now show how it has been membership of the EU which has prevented us from increasing our minimum wage, and how it has been membership of the EU which has prevented central and local government from building social housing.

 

[Notch7]

Indeed.

So will you please now show how it has been membership of the EU which has prevented us from increasing our minimum wage, and how it has been membership of the EU which has prevented central and local government from building social housing.

I fail to see how minimum wage rates have much to do with housing crisis.


Setting higher minimum wages is a blunt instrument that dies not necessarily solve what it sets out to do.

 

[ban-all-sheds]

You're missing the point.

One of the more swivel-eyed quitlings here said that a solution to low wages leading to increased govt spending on in-work benefits and simultaneously lower tax revenues to provide the money for that would be to up the minimum wage and build more social housing.

The point is not whether it would, or it would not do any good.

The point is why do we have to leave the EU to be able to do those things.

 

[SammyInnit]

You're missing the point.

One of the more swivel-eyed quitlings here said that a solution to low wages leading to increased govt spending on in-work benefits and simultaneously lower tax revenues to provide the money for that would be to up the minimum wage and build more social housing.

The point is not whether it would, or it would not do any good.

The point is why do we have to leave the EU to be able to do those things.

Do you not believe there's a relation between the abundance of manual labour, work available and the value placed on that work?

A good example would be around 2008 when the financial crash happened, there was very little work available in the manual trades, people were expected to work more for less.

Since we've come out of the EU the amount of people coming here for manual work has fallen, wages have risen.


https://www.google.com/amp/s/amp.th...-rise-uk-pay-growth-jobless-total-40-year-low

Even the guardian have struggled to do anything but state the obvious.

 

[ban-all-sheds]

I don't see how that explains that we could not have a higher minimum wage or could not build more social housing without leaving the EU.

 

[SammyInnit]

I don't see how that explains that we could not have a higher minimum wage or could not build more social housing without leaving the EU.

Because the simple fact of the matter is we can't build quick enough to meet demand. It only makes it harder for first time buyers to enter the market and drives up renting removing any benefit of an increase in minimum wage.

 

[Vinty]

Indeed.

So will you please now show how it has been membership of the EU which has prevented us from increasing our minimum wage, and how it has been membership of the EU which has prevented central and local government from building social housing.

I never said that the EU was preventing the building social housing.
It is people like you who claim that our membership of the EU protects workers rights when in fact it is our membership of the EU that has allowed the country to be flooded with millions of migrants which has driven wages down and contributed to the housing crisis.
I don't blame the EU entirely but membership of the EU does nothing for ordinary working people.

 

[Vinty]

I don't see how that explains that we could not have a higher minimum wage or could not build more social housing without leaving the EU.

Why do think Comrade Corbyn wants the UK out of the EU.?

 

[Bodd]

It is people like you who claim that our membership of the EU protects workers rights

It's been the opposite. The sites that I've been on in London the working conditions are appalling for workers who are 2 3rds foreign.

 

[SammyInnit]

It's been the opposite. The sites that I've been on in London the working conditions are appalling for workers who are 2 3rds foreign.

Sites I've been on where the principal contractor has been from the continent working to their standards have been the worst I've worked on and I've refused to work on them since.

Luckily it looks like it's become more evident because I've seen fewer contracts going to those companies. One was so bad they threatened legal action against me because I said I'd go online to shame them. French HQ but operated all over Europe. Workers were trod on .

 

[Bodd]

Sites I've been on where the principal contractor has been from the continent working to their standards have been the worst I've worked on and I've refused to work on them since.

Luckily it looks like it's become more evident because I've seen fewer contracts going to those companies. One was so bad they threatened legal action against me because I said I'd go online to shame them. French HQ but operated all over Europe. Workers were trod on .

This is one reaso why these remain voting suits want to employ unskilled foreign workers. Because they don't complain like the British workers do.
I would complain all the time with photos and emails... Hence I was not popular either with the suits...
Ironically I was popular with the foreign lads

 

[SammyInnit]

This is one reaso why these remain voting suits want to employ unskilled foreign workers. Because they don't complain like the British workers do.
I would complain all the time with photos and emails... Hence I was not popular either with the suits...
Ironically I was popular with the foreign lads

http://www.hse.gov.uk/statistics/european/