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Tories could not be happier.

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Why is it that conservatives everywhere do things to hurt most people yet they are elected over and over? Why do they chose to harm so many and why do their victims keep reelecting them?

Time for some more austerity for the poors.

Like in the US, Conservatives openly hurt their own voters and then shout, "Why are you allowing the Liberals to do this to you?". It works because Conservative voters are indoctrinated with so much rage against Liberals that they are willing to ignore what they see and hear in order to hold onto the hate.

Yup, I was thinking that too. Assuming they ever allow elections in 2025, I expect that the Liberals will self sabotage themselves and remain out of power.

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Given the polling suggests they’d be the minority party in third place after the SNP as the loyal opposition and Labour in government, I really doubt that they are. They’re profoundly unhappy, but they’ve been riding his tiger for a while and have no clue how to dismount without being totally ripped to shreds.

Greedy and selfish as they are, they’ll drag the country down with them.

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Well what did they expect

Ok, I read this and thought it was talking about the autumn weather being bad...

There's a disconnect. The English still think they're an empire when in reality England now has the GDP of Zambia and everyone else in the Commonwealth is embarrassed and want a divorce.

Which Liberals are you referring to?

Y'all got liberals too? Are they slightly right wing like in the US?

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Yeah, decades of fear is the answer.

>There will be further pain for homeowners, with house prices set to fall 9% by 2024.

This should be good news for regular people. Instead the increase in companies immediately buying houses at or over asking price just to rent them out at stupid money means we aren't the ones benefiting at all..... As usual.

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As if the living standards aren’t low enough. That’s why I nickname it the the ninth circle of hell

Didn't the Brits vote for this six years ago? Why are they complaining they got what they wanted?

^(It was just Project Fear, really Britain is not in recession, Europe is not returning to growth, we have always been at war with Eastasia.)

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I can confidently say US liberals are not left wing due to excessive goalpost moving

The UK will muddle through and be just fine in the end, I expect. Plenty of the world’s best and brightest still want to move there, and the UK has a substantial base of support. But I do think the combined effects of multiple, successive shocks, Covid and Brexit, will take a few years to work through. One of them seems like an own-goal, but what do I know.

Britain about to enter another decade of austerity. Bet they'll still vote Tory.

No matter what happens to housing prices, there's upsides and downsides and the winners almost universally are those with money.

When house prices are low, rich people can snap up lots of housing and just hang onto it and wait for it to go high - they have no mortgage, they don't care if it takes ten years. Literally every penny in rent is income, and their only expense is whatever it takes to keep the house rentable and maybe a council tax bill.

When house prices are high, rich people can sell off their housing portfolios while also being the only people who can afford a house themselves.

When house prices are low, poor people can't afford houses because the rich people are outbidding them every time and snapping up dozens of them.

When house prices are high, poor people can't afford houses.

It doesn't matter how you look at it in terms of the economy at large, or forecasts, it's about how many toys you let people gather and cling onto with almost no consequences, while others have nothing.

I just bought a house. I don't really care if it "drops in value". There's nothing I can do about it, one way or the other, and unless I decide to sell it it makes no difference.Even when I do, selling my X bedroom house will give me enough money to buy... an X bedroom house in a similar area.

My mortgage costs the same whatever and will actually be going UP in cost no matter what I do, eventually.

It's the third house I've bought in my lifetime (and had to sell the previous one each time), and it's going to be the last I'll ever get. I was driving 150+ mile round-trips to view houses. I had "no chain". I was being outbid by everyone - like me - who was moving out of London because they can't afford it, and I had to go THAT FAR OUT to stand a chance of viewing things that weren't sold by the time I could drive there.

I was able to get my parents to put down a deposit (I'm 40-fucking-3 and couldn't afford it! Mainly because I was renting for years) and that's never going to happen again until they both die and my brother and we sell their house and split the proceeds (neither of us could afford to keep it).

I got a 1-bed former-council bungalow, 40 miles from where I work. Because that's literally all I could get, on a single income. The mortgage is paid over 24 years because I'm too old to have a 25-year mortgage. That's only EVER going to get worse.

I've actually got a way-above-average job, but I can't secure anything on my own, and I was pushed out of buying everything else I saw. I had an elderly couple at a viewing tell me that "young people like me..." (FORTY FUCKING THREE!) "... should just rent a flat in the main town near all the noisy nightclubs" and leave them to look at the suburban homes in reasonable areas for their downsizing for retirement.

Housing is only ever going to get more expensive. It's only ever going to be the domain of the rich. It's only ever going to get worse. Until something absolutely drastic changes... like literally charging tax for second homes so humongously that only the extreme elite can afford to have one.

We're growing in population all the time. We're not building ANYWHERE NEAR enough housing. And we need to build it 20, 30 years in advance at least just to be able to catch up to demand.

Until rent control is a thing (so that being a landlord isn't that profitable), or owning a second property is taxed to the hilt, or people are forced to occupy all their properties at least 90% of the year either by themselves or a paying tenant, or someone builds tens of thousands of houses all of a sudden, it's never going to get any better and no "economy change" is going to make any difference to the poor staying poor and renting (which makes them poorer) and the rich staying rich and being landlords (which makes them richer).

Until the rules change, you will always lose. Unless you're rich.

Even my house - it was original a council house built in the 60's for disabled and elderly and SOME TWAT decided to let someone buy it for a pittance several decades ago. So now there's less suitable council housing for people in need like the disabled and elderly, and the guy who happened to be allocated it by the council made a fortune out of it for doing almost nothing, and I can *barely* afford to live there as the only private homeowner in that part of the street, among a bunch of people who are all council-tenants: retired or on benefits and have no money themselves living in all the bigger 3-bed houses around me. Hell, my parents are living in a £600k 3-bed house, with garage and huge garden, just the two of them on their own. They bought it on a single working wage, with only one of them in a minimum-wage job and it's been paid off for the last 10 years. Since I was 20, I've earned more in any given year than my mum and dad ever earned COLLECTIVELY in any year they ever worked in their lifetime - even adjusted for inflation. I know, because I dug out all the statistics and did the maths to show them.

And somewhere there's someone else like me in a tiny bedsit somewhere paying rent through the nose who can't get a council house because there aren't any, and can never stand a chance of buying a house.

And in 20+ years time when I finally pay my house off, and come to retire, I'll likely have to work through retirement to pay the basic bills, and the house will eventually sell for proportionally a pittance that probably won't buy a 1-bed flat anywhere in the country.

It's not the economy that's to blame. It's the way that the division is inherent in the rules and the separations between haves and have-nots, and things like NOT BUILDING ANY FUCKING HOUSES, unless they are designed to be permanent rent-traps for rich landlords.

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We do, they’re moderate leftish centrists here (called the Liberal Democrats)

Rarely break more than 10% of the vote share thanks to the FPTP

Like I said. There's a disconnect. Still clinging to those past numbers. We'll be great again. You'll see...

No, in Canada it's a centrist party.

The UK lived above its means by pretending to be US-lite. Unfortunately they lack the military and reserve currency to keep it going.

Utter horseshit. People with an axe to grind keep bringing this up, but nobody here really thinks we're an empire at all, and the commonwealth is more of a trading/discussion forum these days. Countries are free to leave or apply to join whenever they like, and there is no obligation to recognise the Crown as head of state.

Why will the best and brightest want to move there, and why would world support persist? Because they have silly accents and cute phone booths? People put up with the worst aspects of living in the UK because there’s opportunity and a cosmopolitan outlook, and both of those are drying up as we speak.

tell that to your Prime Minister of the Month lol

Give me a B!

Give me a R!

Give me a E!

Give me a X!

Give me a I!

Give me a T!

What does it spell? "Worst fall in UK living standards since records began"! Yaaaaay!

The Anglophone world tends to stick together.

This is the truest comment I've ever read on here

Sunk cost fallacy? Once you’ve doubled down so many times its really hard to admit you were wrong.

Old numbers? You mean last years numbers? I honestly can't tell if you're a troll or if you count your IQ on with your fingers. Then again I suppose they're basically the same thing really.

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Why was their fall so terrible? Too many leaves turned yellow or not enough? We had a very pleasant fall here in Canada!

"Finally we get to have serfs again!"

Last year's numbers no longer mean anything because the British economy has since collapsed. The disconnect is remarkable to watch. We're not poor. We're the fifth largest economy in the world! Says so right here in my Encyclopedia Brittanica. Wait. The page is missing. May have used it to wipe my bum. Or light a fire. What was I saying? Oh yes. We're not poor at all. Long Live the King!

Ah okay, you're stupid. Show me the numbers then, show me a reputable source that says our GDP has fallen to the same level as Zimbabwe.

All time speed record for societal regression to feudalism.

It's a bold strategy, Cotton. Let's see how it plays out.

There is a Liberal party in the UK up until around a decade ago they were actually relevant. Then they joined in a coalition with the tories to get one of their own as deputy pm, screwed the sort of people who would vote for them by letting tuition fees for universities go through, and fucked themselves into irrelevancy by doing so.

When the last time house prices fell I was sitting in a pub with a work friend. All those first time buyers or ones who had saved for a second home to make a little as a landlord many found themselves in suddenly negative equity.

Anyway two of his friends who were obviously very well off spent that whole evening taking calls from and phoning up people like that, offering them a price and saying the money would be in a bank in x time once the contract was signed. They could afford to sit on the property until things came back or it recouped by renting.

I reckon they bought about twenty - thirty odd houses in the space of a couple of pints. Their phones never stopped ringing.

They're more like centrist on an ideological chart.

Anyone who dares go left is called a socialist commie fascist by Fox News.

They have the money to be able to privately control specific information sources so they can convince people that it's the other guys.

Zambia. But I see now why you're so emotional. It's the racism. The horrifying thought that you're now reduced to African levels of poverty. Everyone laughing at you. Enjoy the collapse. https://www.theguardian.com/business/2022/nov/17/obr-confirms-uk-enters-year-long-recession-with-half-a-million-job-losses-likely

That article says nothing about what you've said here, like literally nothing at all

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They call it autumn over there 👉

Lol I don't want to hear that from some neckbeard from Cincinnati obsessed with star trek 😆

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That sounds familiar.

Composting the drones will ensure the survival of the elite.

I don’t see a solution to the UKs issues other than civil unrest. It’s just too messed up over there and too many keeping it that way.

Brexiteers must be so proud.

I do not know much about home prices in the UK. Example, i bought my home here in the US for 160k in 2002. Its now worth 450k. If i retired now and sold it i could by a similar home out in the country for half that price.

Cannyou do that there?

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To be fair, Tories did really badly in the last local elections and even lost some 'safe' seats that had been Tory for decades.

I'm tentatively optimistic that they won't be able to recover from this, but the main issue will be overcoming voter apathy. There's a hell of a lot of disenfranchised people here.

It’s interesting how electing conservatives leads to failure everywhere.

Don't be facetious. The margin was very small between Remain and Leave, which is well known. So no, we didn't all want this.

Since then, every year, young adults are coming of age into a Brexit Britain that they didn't even get a chance to vote for. Children are growing up in poverty.

I've seen people recently admit online that they voted Leave because of the lies about more money for the NHS and regretting their choice. If you lived here, you would know it's a lot more nuanced.

People were lied to for years and years by Murdoch et al's media about the pesky EU ruining everything for everyone. Russia blatantly helped drive the campaign, funnelling money into Leave's campaign because they knew it was such a bad idea.

The areas that voted Leave in the greatest numbers were the most deprived areas of England. They were asked to vote if they wanted things to remain the same, or Leave and promised it would make things better.

People were never given a choice of what it actually meant, whether it's a hard or soft Brexit. There were no details planned out.

It was a con, it should never have happened. I knew it would be a bad idea and voted Remain, as did most people I know. This is not what we wanted.

You reap what you sow.

But they said Brexit would make us better off!

Hope hating the Browns was worth it for you.

That's the point. We voted for everything and nothing all at the same time.

I live near Barnsley, where that clown went on Channel 4 news the week after the non-binding referendum saying he'd voted leave to "get the Muslims out".

Fair enough! Argh, those people are so dumb.

I just get wound up when people say we wanted this 😂 It devastated me at the time, I could see this shit-show coming and seeing it all happen, plus more sucks so bad!

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I feel like the UK not having a huge military and the world's reserve currency as their own isn't as big of a deal in comparison to some of the other issues that the UK has. They tried to be, as you said, US-lite, but the UK doesn't have the massive domestic market, the abundant natural resources, and the population that the US has.

The US can constantly flirt with the idea of isolationism because its large domestic market and access to resources allows it to do so with potentially less harmful side effects than a small island nation like the UK that has always sustained itself off of international trade. This just plays into the idea that a lot of people from the UK view themselves as an island in the middle of the Atlantic rather than just off the coast of Europe.

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So that whole brexit thing worked out good

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Well, I haven’t read any of the potentially responsive comments, but it’s true! The Anglophone world tends to stick together! And, as a result, there’s a floor—a backstop working perpendicularly (:) English has that word)—to any single member’s economy if things get really bad.

It’s true. Meaning, I’m certain that’s an accurate assessment of the state of the world of humans.

😘