GREED AND THE UK PROPERTY MARKET BY LEONARD WELLS UK 2011

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Uploaded by on Jan 30, 2011

A talk about the UK property market. An idea to help improve the present dire situation.

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News & Politics

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  • Very good points, well put Sir (especially the last comment).

    My other half and I are honest hard working people in our late twenties and still cannot honestly afford a 10% deposit on a property (which is say £15,000 deposit for a very modest property in the South East of England). We both earn fairly good money too!

    This country has gone to the dogs.

  • bible and koran aside greed is greed, logic says dont have what you cant afford...that goes for all aspects of british consumerism...we keep buying rubbish-we dont need it we just think we do...ive started getting rid of all my stuff as it reminds me of a bad habit i am now trying to teach myself...fix and repair not throw away...we should be teaching our kids this as to save our planet we need to stop being so bloomin greedy and superficial :o(

  • Half way into this... and I'm bailing... I thought you had something new to say... i.e. An OPINION, but all this I can get off the papers on the Tube.

  • Tax up, prices up, inflation up, unemployment up. What's the government's answer to the overvalued housing market? A shared equity scheme to help first time buyers get things moving again. What's in for the first time buyer? A mortgage they can barely afford (just as interest rates are about to climb), on an overpriced house that's about drop in value. Very soon, interest rates will be creeping up and many could soon face the bailiffs and repossession. DON'T BE SUCKERED INTO DEBT

  • I didnt get greedy

  • @1988digital You are a genuis. Where is humanity going. Animals reproduce because they have no real consciousness. We Consciously reproduce, and feed the kids with ego, greed, and throw them into this harsh world. When we die and leave them to their own devices, we do not know their decisions anymore, nor the worlds decision on them. What can we do, really?

  • We were not ALL greedy and SOME did see it coming. Youtube "Money Geyser" by Max Keiser he's been spot on for years. Debt is slavery, never buy on credit, and stay a free man.

  • Nice video.We are all slaves.The best thing to do is not reproduce as it's not fair to bring children into this unfair system.

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