New housing for outer London

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I saw on the news recently that there will be a surge of building work in the south east soon. As I should have a driving licence by the time steam is up to boil there, I might be moving down for it. Anyone know of any likely sites? I just need to hear about the development regions as I have a fair few months to go before I can re-apply.
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Soon? Every possible bit of land round here is being covered in housing, and all high density. What I'd love to know is what happens to the houses the people who buy these vacate, given that the population isn't increasing.
--
*Why is 'abbreviation' such a long word?

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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On Fri, 15 Aug 2003 09:42:30 +0100, Dave Plowman

You are aware that our government are handing out visas by the thousand to immigrants? In the last 12 months it has been reported elsewhere that they issued 26,000 fast track visas to so-called IT consultants who were in short supply (despite there being 10's of 000's of home-grown IT consultants who haven't worked for a considerable period of time).
http://www.economist.co.uk/world/europe/displayStory.cfm?story_id 74544
How else do you think Blunkett managed to persuade the french government to close the Sangatte camp at the end of last year? You surely don't think that he asked nicely and the french just shipped the immigrants to some other place away from the coast?
And just in case you think IT is the only one being affected, be aware (and very worried....) that last week the EU have now offered free access to EU jobs of any nature to countries such as India and elsewhere:
http://www.contractoruk.com/cgi-bin/item.cgi?id 85&d3&h"0&f"3&dateformat=%o%20%B%20%Y
It may be easy to think in terms of this affecting the whole of Europe, however it is wise to remember that in many of these countries where job offers would be attractive English is the second language, not French, German, Italian or Spanish. So where are these people going to head for in order to take jobs at NMW?
Yes folks, we are building new communities for non-UK workers.
Andrew
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On Fri, 15 Aug 2003 14:01:30 +0100, Dave Plowman

I presume you are aware that the government are also handing out taxpayers cash to these people? There was a recent article on the Internet (which I'm afraid I don't have a URL for) which advised that an immigrant came into the UK on a work visa, and because he didn't have the wherewithal to buy anything the UK taxpayer helpfully funded buying him a car so that he could get to work.
Naturally enough the inhabitants in his locality weren't too pleased at the special favours that were being offered to foreign work tourists who have never contributed a single penny to the UK tax system. I don't think I'd be very happy about it either.
Therefore if the above is a true story it doesn't take a stretch of the imagination to accept that maybe the government will be happy to fund the purchase of housing for the thousands of work immigrants they are allowing into the country.
Andrew
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Any other rumours you'd like to get off your chest?
--
*I used to have an open mind but my brains kept falling out *

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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On Fri, 15 Aug 2003 22:56:31 +0100, Dave Plowman

Nah. ;)
I thought it was far-fetched when I originally read the article, might well have been a racist organisation making the comment, which someone else had linked to.
But under Labour very little surprises me.
Andrew
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These things are cyclical. The tories managed plenty of boom and burst when they were in charge, so there's no reason to think they wouldn't have continued.

Are they? Historically we always fair worse than Germany or the US in a world recession, but this time it seems not.

You can blame low inflation for this, I'm afraid. And, of course, the privatization of what were once mutual organizations - all those shareholder profits have to come from somewhere.

But surely it's good Tory policy to force you back into work - any work - the "get on your bike" syndrome?

But the world *is* in a recession. And didn't MacMillan talk about the Tories selling off the family silver when some of the nationalized industries were near given away to the city?

So pensioners were better off under the Tories?

They'd be very unusual pigeons if they'd managed to stay away for this length of time.
--
*If one synchronized swimmer drowns, do the rest have to drown too?

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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"Dave Plowman" wrote | > Remember pensioners getting an extra 80p per week from our generous | > Gordon? And his ability to triple-count figures so as to make his | > sums add up? | So pensioners were better off under the Tories?
Many were. Gordon took the dividend tax credit which was useful to people on low incomes with modest investments.
Owain
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Why should pensioners be exempt from paying tax?
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*There's no place like www.home.com *

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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London SW 12

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Then Brown has simply continued what the Tories started by moving taxes from income dependant to fixed. It seems this is what the voters want.
--
*Aim Low, Reach Your Goals, Avoid Disappointment *

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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Why?
Efficiency has never stopped governments before and the present system can hardly be held up as a model of efficiency.
Still if you like the idea that either your wage should be held down below some arbitrary level or that the government has some unalienable right to remove more money from your pocket the harder you work, then I wish you all the pleasure that your socialist paradise will give you (none).
--
Mathematicians, please don't drink and derive.

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At present, and god I'm keeping my fingers crossed about this, pensioners in Italy are not taxed.
--
The wage of sin is death, but after the government has taken its share
all that is left is a tired feeling.
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wrote:

The macro-economics don't look good for the future in this respect. On the other hand Bunglesconi is proving pretty adept at protecting his vested interests within his fiefdom, and the collateral damage may be the preservation of pensioner tax exemption.

Peculiarly apposite from an Italian perspective!
Led
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Actually, I think it has an awful lot to do with criminal accounting practices in the US (Enron etc) and a couple of planes crashing into a couple of skyscrapers ... which has blown confidence in the stock market
--
geoff

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writes

Curious to see that the evil of profits (tm) is a reason for the recent poor performance of pension funds and endowments - somebody has been typing without thinking, Dave!

A marginal blot, in reality. Most of the problems of the big corporate failures were not, in reality, fraud per se (which did occur, big time), but a combination of lack of transparency (a systemic fault, only vaguely addressed by Sarbanes Oxley), and the roll up mentality, whereby value is created by acquisitions, regardless of the true economic and financial outcomes.

No material effect, to be honest. The losses were covered by catastrophe insurance, and the insurers have taken it in their stride. The markets started to nose dive at the end of Q3 1999, a very long time before 9/11, and looking at the charts, it looks to me as though 9/11 actually stalled the ongoing crash for a couple of months, before returning to trend. The fundamental cause of the stock market crash was a "bubble", which in some ways the best since the South Sea Bubble that coined the term.
Consider yourself privileged.
Led
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writes

The actualy monetry amount perhaps (though I don't actually accept that). The loss of confidence in the 'system'. Nope, it's a major factor in the current downturn IMHO.

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I said it was a contributory factor. Or perhaps you think fund managing costs are now lower than they used to be?
--
*It's a thankless job, but I've got a lot of Karma to burn off

Dave Plowman snipped-for-privacy@argonet.co.uk London SW 12
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At an all time low in the gold rate IIRC

But he seems to keep his head down and hope nobody notices. How often do you see anything about him on the news? ... the second most powerful man in the government
--
geoff

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wrote:

It's a major investment decision, and one you're free to move around, the OP chose it/didn't move it, I'm taking that inaction as being happy with it, perhaps I should've said "couldn't care enough about" but that sounds even more reckless.

That's a fair comment, but not something that can be blamed on Gordon Brown.

No he didn't, he taxed dividend income in pension funds, the important difference being that pensions are not required to invest in anything that is taxed like that, so it's simply their investment decision, the taxing reduces the returns from that investment class. A mass desertion of pensions from shares would've almost certainly had Gordon running to make them attractive again

Odd, I'd expect more of your IFA's, but I'm just not keen on always blaming the government, I fully agree with you about forced purchasing of Annuities is outrageous, and I hope that will soon be abolished, but again that's not something new of Gordon, so we can't directly blame him (we could complain that he's not changed it, but that's slightly different.)

That's true, the figures aren't perfect, but being independant international figures, it's not something we can blame Gordon on, now is it?

It's a sensible hedge for them to keep their economies from the shocks of sudden currency fluctuation, for them it makes sense, for the UK needing investment being relatively safe from sudden currency fluctuation, holding cash doesn't make sense, it should be invested (or rather reduced debt)

Purely on the idea of taxing dividends, that's the one thing he's got any say on in all the arguments... I don't see why certain (inefficient) methods of saving for retirement should get a tax break, when others don't.
Jim.
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