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Panorama: Britain's Hidden Housing Crisis


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A family were evicted from their council home because they were in arrears with their rent. The council were then obliged to re-house them in emergency private accomodation that cost even more. Where is the sense in that? :loopy:

Why can't councils get their act together and plan long term?

What an absolute waste of taxpayers money.

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It didn't say whether she had illness cover with her mortgage, a lot of people will not be able to afford it especially if on a low wage and just making ends meet. The flat with the family in was a joke, they should never have gone in because of the space required for the children and the hostel they have moved them in is illegal because they are over crowded. As you say it makes very uncomfortable viewing.

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The ruling classes are still looking down from their very high untouchable pedestal and laughing at you all. They are still making the rules and you are still following like sheep and blaming each other. They are still getting richer while you squabble...it was arranged that way.

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This program is making for very uncomfortable viewing.

 

The first family took out a 100% mortgage on a £500,000 house with £2,000 mortgage payments per month, for 10 years the husbands engineering company was doing well, family ski holidays etc, for 10 years, nothing put aside for the bad times, are you kidding me. "We had two cars, we sold one which paid for Christmas."

 

Investment banker on wall street, doing well for years, then a crash and he's got nothing, how can you have nothing after running a successful wall street firm for years.

 

I must be missing something here.

 

No you are not. During the eighties, this was how yuppies lived. They thought the good times would last forever. They fell behind on their mortgages re-payments on their posh riverside flats in Canary Wharf, and had to sell their beloved porsches which were the decadent yuppie symbols of the eighties.

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By making the rules you mean offering finance right :D

 

You say that because you realise that bankers took us into recession then we gave them taxpayers money and bailed them out right? So now they are refusing in many cases to lend us our own money that they then make profit (interest) on right? So they can afford to laugh at us because they know that whatever happens they are untouchable right?

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No you are not. During the eighties, this was how yuppies lived. They thought the good times would last forever. They fell behind on their mortgages re-payments on their posh riverside flats in Canary Wharf, and had to sell their beloved porsches which were the decadent yuppie symbols of the eighties.

 

That and bright red braces.

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You say that because you realise that bankers took us into recession then we gave them taxpayers money and bailed them out right? So now they are refusing in many cases to lend us our own money that they then make profit (interest) on right? So they can afford to laugh at us because they know that whatever happens they are untouchable right?

 

Didn't we LOAN the banks our money?

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