millwallfan
06 Mar 2018
Re: Perverse incentives Again some valid points from. However, what did the labour governments do in the 13years from 1997 to 2010 to counter or redress such a catastrophe? How many councils up and down the land of ANY political control continue to refuse planning permission on green belt land despite the supposed requirement to have an ‘objectively assessed’ local plan for significant new housing numbers including ‘affordable’ - indeed how many actually have a genuine local plan?
frog in a tree
06 Mar 2018
Re: Perverse incentives Hello MillwallThe availability of social housing was a major step in improving living conditions for low income families. The sell-off under "right to buy" may well have benefited those families who bought but it has had other very bad effects. The scheme was essentially political in that the Tories wanted effectively to break down publically owned housing because, as Osborne said, "it just creates Labour voters". Along with the sales reducing social housing stock, Councils were prevented from using the proceeds to build replacements. All of this has effectively privatised housing and now we find a significant proportion of former council houses rented out by private landlords at rents much higher than the neighbouring council houses.The reduction of social housing has led to an expansion into the more expensive private rented sector and forced many families who would have rented to buy their own adding upward pressure on house prices.The housebuilding sector is very inefficient since its objective is to build profits and not necessarily build more houses if that would reduce the shortage and therefore depress prices.Housing policy has been an utter catastrophe.F
millwallfan
05 Mar 2018
Re: Perverse incentives Frog. I agree to a small degree but really do think you are oversimplifying. Firstly there are hundreds of thousands of families now approaching retirement who own their homes outright or have very small mortgages outstanding thanks only to right to buy. This means they won't have never ending rent to pay in old age (or won't be claiming rent allowance benefits for many years) and also have a major asset to pass on to their children on death or before. Secondly let's assume RTB never existed - do you really think there would have been sufficient public sector and private sector new builds over the past 40 years to meet current need/ demand???
frog in a tree
05 Mar 2018
Perverse incentives I heard a bit of Theresa May's comments on the building industry. Its not often that I agree with her but she is bang on the money about the perverse incentives involved in building companies' remuneration structures. When these are based on income and share prices there is a built in incentive to perpetuate the shortage of houses in order to maintain very high prices. I have been saying this for years. It is a very unhelpful policy socially and for you who are Conservatives it brings the risk that young people who are excluded from owning their own home will flock to Corbyn's banner.Whilst I would agree with much of what May said, I also think that she needs to consider how much the Tories have contributed to this situation by privatising social housing and by the Help to Buy scheme which has the effect of sustaining sky high prices.Any serious government action would include putting the likes of TW and BDEV to work in rebuilding our stock of social housing.For too long the Tories have played housing policy for political advantage.F
picstloup
01 Mar 2018
Picked up a few Been dithering about buying here, but just taken the plunge, picking up 5800 at £1.87.089 at 8.38. Hoping for capital gains, but the divi will act as consolation if they fail to materialise.
frog in a tree
28 Feb 2018
Results Other than the leaseholds compensation, the results are very good with a solid increase in the divis. With the p/e around 10.5 it looks a good buy after today's 5.5% fall.CheersF
highsnlows
07 Feb 2018
Nice Fall - Nice Top Up The FTSE was due a correction from 7700+ and all I had to do was time my Taylor Wimpey Buy.Lovely Top Up, a no - brainer buy at a good price. HnL
II Editor
16 Jan 2018
NEW ARTICLE: JD Sports proves its credentials "LSE:JD.:JD Sports stuck to the form book today as the tracksuit-to-trainers chain again demonstrated why the winter season offers such rich pickings for investors.With the retailer upgrading guidance for full-year profits on the back of another ..."[link]
II Editor
07 Jan 2018
NEW ARTICLE: Trends and Targets for 8/01/2018 " FTSE OUTLOOK (FTSE:UKX) In our first "Friday Smug Git" award for 2018, the FTSE managed a high of 7727 points. Our target was 7726 points. Unfortunately, given the days trading range was only 38 points, it was not the most exciting event but ..."[link]
The Revenge of Meredith Hunter
27 Dec 2017
Re: canny mannie I have left negative reviews on trustpilot. I don't think iii management are willing to admit they have annoyed customers. These new dual apps are hopeless.
Banbo
27 Dec 2017
canny mannie Re platform. On the old iii trading platform it showed current investment, cash and both trading account and ISA on the same page. If I wanted to do anything - sell, go onto trading or ISA account I could do it from there. This new platform seems like its trying to be too clever. Just doesn't seem intuitive. Have to make a few clicks to see what I used to able to see on one page. Looks prettier but its not as functional . I will be moving in the new year I think. Would like to know other peoples thoughts!
Canny Mannie
14 Dec 2017
Re: iii platform - Banbo Hi BanboI'm thinking of moving my ISAs away from Barclays.Are you an investor with ii or do you just use it for a virtual portfolio like me?And what specifically do you dislike about the new platform? I notice they have lost the "Portfolio" link at the top that made it easy to open another tab...Grateful for any input from those using ii accounts.GLTA
Banbo
13 Dec 2017
iii platform Hello all. Just wondering if anyone is put off by this new platform. I am an ii existing customer but the new platform seems hard to navigate - seemed so easy before. What do people think or is it me.
trikydiki
06 Nov 2017
Re: Dividend policy Received my TW dividend in my ii I.S.A. account today.Good luck all.
frog in a tree
06 Nov 2017
Re: Dividend policy Hi milwallI have both TD and iii accounts. The TD holdings alway paid the divis quicker.With the increases in subscriptions I raised an issue with iii about potentially having to pay the subscription twice and received this reply in case its of any interest to others:"From 11 December, both accounts will merge onto the same platform, and you will have the opportunity to request that both accounts be merged into one. From then on, you will only pay quarterly fees for one account"Cheers,F
