Immigration: cause of the housing crises

past and to come
from http://voxday.blogspot.com/2019/04/immigration-and-demand.html
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3177372##
19.21: immigrants as a share of population
17.71: 10-year percentage increase in housing prices

The proper term for libertarians (the modern, post-60s kind) is race traitor.

“Why don’t millennials just move out, LOL?”

Corruption in allowing foreigners with fake money to literally buy your land.
https://www.dailymail.co.uk/news/article-6904897/Eerie-footage-shows-north-Londons-Billionaires-Row-desolate-mansions.html
How to win a war without a single casualty, get a traitor to sell you the keys.

“Drained whirlpools, decaying walls and foliage creeping up the stairs can be seen on a North London street called Billionaires’ Row. Bishops Avenue in Hampstead, north London, is one of the most exclusive roads in the country, but many of its 66 mansions lie vacant. Footage taken by ‘urban explorers’ shows moss growing up the once pristine white walls of the huge rooms and swimming pools with a shallow layer of murky water. The gardens rise high and in many the decor is clearly a few decades behind.

Public health risks.

They include a selection of residences worth £73 million, reportedly bought for the Saudi royals between 1989 and 1993. In those days the homes caught be purchased for a cool million, now prices rise to around £20 million. In 2014, an estimated £350 million worth of mansions could be found on the prestigious street, the Guardian reported.

(((worth)))

If you cannot safely live in it, the value is negative.

An Iranian resident told the paper: ‘Ninety-five percent of the people who live here don’t actually live here. It is a terrible place to live really.”

-houses are not really assets, they produce nothing, they are rotting boxes, they depreciate immediately and require, clearly, a lot in maintenance costs (especially proper, old well-built mansions, whose roof caves in if you don’t.
The most “valuable” street in the country, in decay because Muslims own it and the native population isn’t allowed a look in. Hang the estate agents, they’re traitors to this nation.
Look what the Muslims did to the fertile, rich, black soil of Egypt – they do it with everything else too.
We have fiat houses – abandoned and worthless unless you pour money into repair, valued obscenely.
Non-whites are playing shell games with our very homeland, while young people cannot afford to move out, to marry and breed. That is a form of genocide, preventing births in the native population.

But at the least the anti-white Boomers get to flatter themselves on their “brilliant” investment in a white box, which the bank assures them really IS worth all that money (so please keep getting into debt) and they can totally use as a pension… because that’s how finances work. You can have your cake and eat it.

[Seriously, most Boomer homeowners bought it as a pension, ask them, that’s why they voted for immigration.]

It is not a question of if this bubble pops, but when. Boomers are already starting to die (alcoholism, drugs and STDs will tend to shorten one’s lifespan), meaning we have a 20y max window, tick tock. Buy to letters are a cancer.

If Hitler or Stalin knew they could simply ‘buy’ England from the (banks) with imaginary money, they would’ve saved themselves a lot of scrap metal.

I’ve already posted the known fact (even covered by the BBC) that UK property is only afloat by dodgy foreign shell companies, either not maintained or gutted to be postmodern shells, contrary to skyline and grade listing law.

Traitors, the lot. They even hire foreign builders that violate safety requirements.

Let them all ‘lose’ the imaginary fantasy bank/real estate collusion ‘valuations’.

LET THEM FAIL. Permanent renters needing to, to live are called serfs, this is an illegal situation of war between generations, propped up with the artificial ‘demand’ of banana boats and the legal strings of fraudulent collusion.

Tell me: where does a house magically gain value?

How does the rotting box produce value for itself?

We have a Communist housing market, here.

For those who don’t know, huge families off the boat are allowed to live in London (instead of the people working there and paying taxes, who must commute) because the housing people charge the maximum by an order of magnitude (eye watering sums) to the Gov for using the property.

Implement rent controls – for council run property ONLY.

[The whites would never pay those prices, it’s fraud.]

Also, end the fraud of dual citizenship. You’re loyal to one military and one military only. No open borders hopping.

Why Big Pensions kill societies

http://anepigone.blogspot.co.uk/2005/10/numbers-game-is-life-or-death.html

Of all the welfare, it’s the biggest and most undeserved chunk.

Unlike a child, they could work.

Unlike a child, they could have saved.

Unlike a child, they demand non-relatives with no control over their existence to slave for them.

It is impossible to continue a society with any prosperity while the old votes themselves in the lifeblood of the young. There should be a sane limit on all pensions so we can’t fund them out of debt, at least. We talk about genocide and this is a genocidal condition – its effect literally suppresses the birth rate.

Gen Y cannot afford to have children, look around.

Gen Y cannot afford to get married either, which ought to come first.

Gen Y can barely even afford to move out. These are facts.

There has been too much inter-generational theft – sorry – wealth transfer. It’s ageist. They don’t deserve all kinds of free shit because they survived a certain number of solar cycles.

The elderly now are the most spoiled in history. It shows.

No generation before had the luxuries they do. Still, they want more.

Nobody after will enjoy the same either. A huge shift of redpilling in the young as they figure this out.

Softly, softly.

https://www.theguardian.com/world/2016/mar/07/generation-y-pay-price-baby-boomer-pensions

It killed Rome, it’s killing us. I think it’s absurd to expect someone else’s children should fund your dotage. It’s the most negative manifestation of nationalism. I am your neighbour, I owe you fuck-all because of that coincidence. An Englishman’s home is his castle, and we hate intruders (including relatives).

I will find it particularly sweet when the public sector workers don’t get paid by Daddy Government. Let the police blame the teachers, the teachers blame the unions, the unions blame the police. Let them at one another, all screaming LEECH. Let’s see how much they love their socialist whip hands then.

https://www.theguardian.com/membership/2017/jan/23/saving-retirement-pension-generation-old-age

https://www.standard.co.uk/lifestyle/london-life/is-this-why-millennials-arent-having-babies-a3288601.html

Quick question: Do you currently have over $245,000 (£180,000) in your bank account? That’s how much the U.S. Department of Agriculture projected it would cost a middle-income couple to raise a child to the age of 18 in 2013. For higher-income families, that cost ballooned to $455,000 (£330,000).

Might be?

And that’s ONE child. We aren’t even talking replacement.

I heard a very shrewd man say “marriage is for the rich” and he’s spot on.

Who made it so expensive to have kids?

The Boomers. Pressure on all things wedding, baby and schooling.
Oh, but the fertile nulliparous workers are being taxed to pay for other children’s food/shelter and schooling. We’re literally rewarding the stupid fuckers. Forcing us to barely get by and never save, as a generation. So you can’t borrow the money (it’ll go up) and you’re being leeched off and you can’t save.

Not to mention, if men choose to never propose, baby machine isn’t getting switched on. Ever. K-women need that security. The anti-natal propaganda has worked just fine on many of the dunces among men, who are literally committing genetic suicide but tell themselves it’s a good thing. They might as well self-castrate. Gods like Zeus weren’t revered for fucking around, if you actually read they were revered for their fertility – making lots of heirs.

When the Baby Boomers complain “their” pensions disappeared, we can all point and laugh. “Yep, that’s what you get when you genocide your own children.” We know many of the immigrant children are not being supported by working parents. So they will never support the pension system either.

It’s already happening. We in the West have done all the worst things possible – abortion, easy divorce, adultery, fornication with abortifacients (still counts) and medicine exclusively to keep the old and infirm a burden on the workers.

Now there’s a baby bust, apparently. Three generations in the making. Thanks, Sexual Revolution!

https://www.populationmatters.org/fewer-uk-births-deaths-2016/

https://www.zerohedge.com/news/2017-11-22/millennials-have-ushered-baby-bust-cycle

It just so happens to coincide with handing out birth control like Smarties.

Do the people pretending to care about population replacement want to restrict birth control, the way it was originally intended? To just married parents who didn’t want more? Nope, and those degenerate single people are part of the problem. Their ride on the gravy train will be over pretty soon too. Almost everything we fund presently is temporary, inc. STD and abortion clinics. So these things will correct in the coming years but it won’t be pretty. I’m just saying we take the bitter pill now (including my lot, that did nothing wrong but be born) instead of the fatal one later. That would be logical… so everyone fights me on this.

Selling our country (literally, the land) has priced out the fertile natives.

https://www.citylab.com/life/2018/02/a-fix-to-the-uk-housing-crunch-have-more-money/553574/

Yay, more genocide.

It’s impossible to push against more than one of these trends. They’re bigger than people.

Where are the kids meant to live? School catchment areas? I read about those recently for a friend and they’re a huge factor in pricing (basically the more white an area, the better the hospitals, schools etc, low crime). A premium for the rarity of living among one’s own. It never used to be expensive because it never used to be a rarity.

The fact you can get welfare to live in London, paid for by people who can’t afford to, floors me.

https://www.independent.co.uk/travel/news-and-advice/millennials-travelling-houses-cant-afford-property-prices-industry-experts-contiki-u-by-uniworld-g-a8090891.html

https://www.dailytelegraph.com.au/rendezview/ten-reasons-your-kid-cant-buy-a-house-and-why-youre-to-blame/news-story/725ee80a0d88754e299198e774ec95d5

The parents/grandparents would rather live in undeserved luxury than provide for the spawn they didn’t abort.

This world makes me sick.

These forces cannot continue much longer. It’s impossible to do the right thing.

The worst pressure amounting to white genocide comes from older white people. This is how Empires fall.

In a world where you can’t even sit down for an ice cream to calm down, even Ben & Jerry’s ice cream contains pesticides that reduce your fertility and the drinking water includes birth control. That is disgusting. Ban it on environmental grounds alone.

Why is UK property price rising?

Rich foreigners.

old article but true

http://www.bbc.co.uk/news/business-35757265

As I’ve said before, boy will they get a shock when our government just fails to acknowledge their property rights (as non-citizens).

https://disenchantedscholar.wordpress.com/2017/11/25/whats-going-on-in-greece/

“You think the Greeks are going to get off their arses for you, when they won’t do it for their grandkids?

The West and EU is pumping them full of worthless money.
It’s hilarious, they think we’re actually trading with them.
We can just confiscate back national resources for national security.

We do it already to our own citizens, you aren’t fucking special.
https://www.gov.uk/government/publications/your-property-and-compulsory-purchase
Slavery is also illegal, you can start a war with our superior military if you want, bitches!
http://www.legislation.gov.uk/ukpga/2015/30/pdfs/ukpga_20150030_en.pdf

Three-quarters of properties being purchased are purchased in secret, that’s wrong – it ought to be completely transparent,” says group member, Labour peer Jeff Rooker.

Agreed.

A house isn’t an investment, it doesn’t change. It actually depreciates.

Population does change.

They’re gambling.

This will make ownership through UK companies more transparent, but won’t affect overseas companies investing in London.

It should be the other way around.

Not to mention the crooked politicians allowing purchases and planning permission, flouting skyline rules and many others.

https://www.thedailybeast.com/the-curse-of-666-fifth-avenue-the-skyscraper-that-could-sink-the-kushners

Look at the Skyscraper Index too. China is fucked.

A lot of those skyscrapers and flats will simply be torn down. They were illegally built.

“A palace second in size only to Buckingham Palace, it was sold for £50m to an offshore company registered in the British Virgin Islands,” says our guide, and tells us it will soon become home to a Russian oligarch.

No it won’t, it’s easy to kick out false kings from their little ill-gotten palaces.

I hear the noise of diggers and machinery building a spa and a private underground car park. A neighbour walking the dog nearby mutters how disruptive this has been and how the trees have been cut down.

That’s why you don’t let foreigners literally buy your country.

The government and politicians and sellers are traitors, they are literally selling their country out.

Russians aren’t even really white, FFS. New Money will end up dirt poor as they deserve. Don’t let them ruin our few good buildings in the mean time.

But this kind of disruption could soon be curtailed if increasing clarity on ownership puts off future buyers.

the love of money is the root of all evil

Eternal growth is an economist’s myth.

You know the only thing that grows eternally? Cancer.

The US, another attractive location for anonymous property purchases, has tightened regulations recently. The US Treasury department announced two months ago that it would start identifying the anonymous buyers of luxury properties, particularly in New York and Miami.

start?

This measure follows the introduction of a strict new anti-money laundering regulations, which have led to the US authorities to impose hefty fines on major banks.

no let them fail

The pressure to shut down avenues of money laundering and tax evasion could also mean property purchases here soon come under tougher scrutiny.

could?

And then our tour guides will be able to pack up and go home.

Russian writer …no conflict of interest.

https://blogs.spectator.co.uk/2016/02/move-over-royal-family-londons-oligarchs-are-the-new-tourist-attraction/

Yes, let all the white-collar criminals live here too. Fantastic.

Russian oligarchs suspected of corruption in UK must account for wealth and property

That should be done before purchase as part of a background check.

Let it crash, please God just let them all hit their real level.

Rich Britons don’t want to live in Londonistan

They’re trying to hide it but the estate agents look worried.

http://uk.businessinsider.com/house-network-research-shows-that-london-is-the-hardest-place-in-the-uk-to-sell-a-home-2015-11

Middle class people wanting to start a family are the raison d’etre of their profession.

Those places are selling to foreign buyers, on the whole. London is the safety deposit box of the world. Foreign buyers rent out and don’t contribute to local infrastructure, hence the decline is sped up.

Shut up, the Middle Class are doing great

at the expense of the poor.

The plight of the middle was also outlined in a recent article by Daily Telegraph columnist Judith Woods. ‘Here, in the realm of the crushed and the credit crunched, the taxed and the troubled, where there’s no child benefit, no help with university fees, no chance of getting the kids on the property ladder and no professional job security, aspirations are on ice.’

I don’t see the Middle Class racking up credit debt to buy FOOD.
The same food where prices are due to go up thanks to the sanctions the middle class screamed for because they are dense.

But middle-class self-pity is undignified and unjustified. A lot of people from Middle England suffered after the crash, but the idea an entire class was singled out is absurd. The ones who took the biggest hit were those much lower down the income scale, who had their living standards slashed, their wages cut and their jobs destroyed.

Thanks, Mass Immigration.

Indeed, the whole concept of the ‘squeezed middle’ is a myth. According to a report in April by the centrist Social Market Foundation, no less than 41 per cent of families in the middle income bracket have become wealthier since 2008, while a further 40 per cent have maintained their affluence. Just 18 per cent of middle-class households fell to a lower income bracket. On publication of this authoritative study, the SMF’s director, Emran Mian, argued that ‘the middle has coped surprisingly well since 2007–08. Two fifths of them moved up the income distribution.’ This is hardly a surprise, given the rise in house prices, the reduced mortgage costs and low inflation.

The moaners ignore all that. They have a litany of gripes, from student fees to property taxes, which all reflect a spirit of entitlement as egregious as that of any benefit claimant or union boss.

You voted Labour/Left. You wanted this. Care to vote for it again?

One of their most selfish complaints is the alleged ‘scandal’ of elderly relatives being forced to ‘sell the family home’ to pay care fees. If a family has a large asset, in cash or in property, why on earth should other taxpayers have to subsidise private care? This is about children who do not want to look after their parents themselves and seek public funds to protect their inheritances.

I think I’ve read that before… Ah, here it is. Property is an investment, not a right. If they didn’t save for retirement/care, maybe they need to lie in that NHS bed, their economy was fantastic, no excuses. This is the joy of karma, spoiled parents (Boomers) drain their spoiled liberal children (GenX) dry until they learn what real hardship is. Imagine what their own care home will look like (GenY are ruthless and practical). 

It is the same story with university fees, which, in one of the coalition’s first and bravest acts, were raised to £9,000 a year. Despite all the predictions of armageddon in higher education, there has been no drop in university applications. Yet too many of the middle class, whose families are by far the biggest users of this sector, regard the fee increase as an affront. In this twisted world, working-class taxpayers should be compelled to bankroll affluent graduates with far greater earning potential, the supermarket shelf-stacker from Hartlepool helping to pay for the law degree of the aspiring Hertfordshire barrister.

I think it’s hilarious. Immigrants are getting in free with scholarships for diversity targets, you voted for it.

We see the same moral inversion over another sensible coalition measure, the gradual withdrawal of child benefit to individuals earning over £50,000. What particularly outrages the ‘squeezed middle’ is that a couple, both of them earning £49,000 a year, are still entitled to this payout, whereas a single-earner household on £51,000 is not. This is no dark injustice: a household with two working parents faces far higher costs because of childcare. Indeed, the very concept of ‘stay-at-home’ mums is largely a middle-class phenomenon. Because of financial stringencies, large numbers of working-class women have always been compelled to work.

Yet we’re paying poor women off the boat to have as many children as they please. Pass the popcorn. You wanted to help single mothers, you’re paying for them.

Perhaps the most grotesque irony of the middle-class whingers is that, instead of celebrating their remarkable good fortune from the explosion in property prices, they present this as yet another burden.

Oh, what a burden to be rich! Don’t tax me more! I’m not a billionaire, just a simple humble millionaire!

So they repeatedly carp about rises in stamp duty and inheritance taxes, both of which have gone up as a result of house-price inflation. A recent newspaper report revealing that 35,000 families are likely to pay inheritance tax this year claimed the figures ‘show the full extent of Britain’s death-tax time bomb’. Such hysteria is completely misplaced. Despite all the rhetoric about a vast swath of the middle class being sucked into its embrace, inheritance tax is charged on only 6 per cent of all estates. Families can still inherit £325,000, without paying any duties at all. All taxes are objectionable but a levy on the legacy of the deceased is surely preferable to a charge on the earnings of the living.

I’ll have to agree with them on this one, you shouldn’t be charged for dying. Anyone. At all. However, it is hitting the spoiled Baby Boomers the hardest, so I shan’t be shedding too many a tear for those pompous windbags.

Nor do the ‘squeezed middle’ brigade deem stamp duty fair. Unlike many countries in Europe, where hefty capital gains charges operate, a seller in this country does not have to pay capital gains at all if the property is a main residence, no matter how big the profit from the sale, while buyers of homes below £250,000, roughly the average current price in England, face a maximum of only 1 per cent in stamp duty, no more than the commission of most estate agencies. Yes, the duty rises to 4 per cent above a threshold of £500,000, but someone who can afford to pay £900,000 for a property should be able to manage £36,000 in stamp duty.

Unless they’re buying with Monopoly money and want a house because they think prices can never, ever go down.

There is nothing reprehensible about the government increasing its revenues because of the rise in property values. In the year to June 2014, the Treasury is expected to have pulled in £10.2 billion from stamp duty, in addition to £3.1 billion from inheritance tax, the highest levels since the financial crash. The increase in these payments has allowed the coalition to raise personal tax allowances to £10,000 a year, taking millions out of income tax altogether. Which is exactly the right approach. There is nothing fair about punishing hard work while indulging unearned wealth and privilege — whatever the middle-class warriors cry.

You could charge billionaire immigrants buying up in London extra? The way other countries do, if they allow them to buy at all? But no, that would be racist.