Author Topic: Supreme Court Rules Cities Can Seize Your Home For Walmart (Read 3620 times)

Chairboy · « **Reply #150 on:** June 28, 2005, 11:30:41 AM »

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Originally posted by Momus--
Time to change the record Lazs, home ownership in the UK is on a par with if not at a higher level than in the US and has actually boomed under or maybe in spite of our evil socialist government.

Howdy Momus,

Does your figure count 'shared ownership' homes as 'home ownership'? In the SO system, people buy a house in partnership with a company, so they own 50% of the home and hope to eventually purchase larger shares of it until they own it outright. The 50% share is mortgaged, so this is not the same as saying 'the bank owns it until I pay off my mortgage', they actually only have a half share of their home mortgaged to their name, if I understand the system correctly. There is also the 'Right to buy' system where the state heavilly subsidized the purchase, which was the major contributor to the spike in home ownership in England during the 1980s.

I suspect this is what lazs may have been referring to, but I'm not sure.

Home ownership in the US was at 69.2% in Q2 2004, according to the Census, and has continued to rise. This is without the same level of government subsidy that is enjoyed across the pond, which seems pretty significant.

Momus-- · « **Reply #151 on:** June 28, 2005, 12:35:16 PM »

Hi Chairboy,

Shared ownership is not unknown in the UK but still only accounts for a relatively small proportion of home ownership; 0.7% of all households according to the last UK census in 2001, which also shows a level of 68.2% in home ownership, which is broadly in line with the US. Given the performance of the UK housing market since then I would be surprised if the percentage has decreased.

vorticon · « **Reply #152 on:** June 28, 2005, 12:41:15 PM »

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Originally posted by lazs2

that is the reality of the systems. How many of your co workers and friends own homes downding?

lazs

at over 150,000 pounds for some ****ty little pos "house", any of his friends that do own homes would be smart to sell out and move to canada or the states...

SaburoS · « **Reply #153 on:** June 28, 2005, 12:45:50 PM »

LOL, just don't move to California, particularly the SF Bay area. $522,000.-560,000 is now the avg price of a house. Yeah, I rent.

lazs2 · « **Reply #154 on:** June 28, 2005, 03:00:06 PM »

momus... they are saying that 68% of you own homes including what I would call an apartment (1st and second level homes). I would say that is not as high as here.

It also says that 27% of brits don't own any kind of car or truck.

I did not see any figures on house size. they did mention number of rooms but... our older tiny little crackerbox homes often have a lot of small rooms while newer homes tend to have less, and larger rooms.

to get back on the subject... I think that the city need to be able to buy up land for public utility projects but not for private business.. they do have the right to zone that property for commercial instead of residential if they please tho.

lazs

straffo · « **Reply #155 on:** June 28, 2005, 03:03:49 PM »

Quote

Originally posted by lazs2
American's better than the limey

yeah.
no question.

lazs2 · « **Reply #156 on:** June 28, 2005, 03:05:00 PM »

and... we have nicer teeth.

lazs

straffo · « **Reply #157 on:** June 28, 2005, 03:24:30 PM »

hahem ... you have teeth

Dowding · « **Reply #158 on:** June 28, 2005, 05:50:16 PM »

Apples and oranges given the geography and demographics. For instance, since our small nation of 60 million has one of the biggest cities in the world within it, containing 12 million people, it's hardly surprising that the take-up of cars might not be as high as other countries on a percentage basis.

As far as I have experience, everyone I know has at least one car and the roads have never been as busy.

Vorticon - I wouldn't move to the States. Everything seems so coated in arrogance, not even swarfiga would remove it. I'm guessing it would become terminally irritating.

Always liked Canada as I have distant family over there.

Skuzzy · « **Reply #159 on:** June 28, 2005, 05:56:24 PM »

Arrogance? Dowding, this country is too diverse for you to put that label on all Americans. No offense.

You might have had a bad experience, like I did in soccer, but it does not make all a bad lot.

Dowding · « **Reply #160 on:** June 28, 2005, 06:05:05 PM »

I know Skuzzy - I actually work for an American company, so I have had fair amount of contact and most of it has been good. Excuse my arrogance.

BigGun · « **Reply #161 on:** June 28, 2005, 06:14:14 PM »

Quote

Originally posted by SaburoS
LOL, just don't move to California, particularly the SF Bay area. $522,000.-560,000 is now the avg price of a house. Yeah, I rent.

I am glad I own, best & smartest thing I ever did in Bay Area.

SaburoS · « **Reply #162 on:** June 28, 2005, 06:30:58 PM »

Yeah, prices are just too high for my wife and me. We could get something "affordable" but that would entail 1 hr + commutes each direction. No way.
We'll find something out of state and retire there.

Flit · « **Reply #163 on:** June 29, 2005, 01:47:23 AM »

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Originally posted by Dowding
[B}Flit - Mugabe is the President of Zimbabwe, not South Africa. [/B]

Thanks for the clarification, but it does'nt change the point

lazs2 · « **Reply #164 on:** June 29, 2005, 08:40:11 AM »

I live in the outer edge of the bay area in a county that outpaces allmost all areas in home values going up... I am glad that I allready own... I will have what is to me... a small fortune when I sell it and then I will buy a nice place somewhere else free and clear and retire.

That is pretty much how it works in America.. you try to buy the most house you can and then a bigger or better one as the you get more income or whatever.

and downding.... we have a "few" big cities here too. Tell ya what... you can have em.

lazs