KDB

Jeremiah 29:7

[KDB @IamnotSteves]

@ItsJamesHall Implementation is everything but it’s a fundamental shift where people don’t want housing to 10x. Ultimately for the generations to come if they are to ever buy houses they need to be affordable so they should never be greater than 4-5x median wage on average

[KDB @IamnotSteves]

@mikegardner_wb Works fine in Singapore, and a few other places. Your anger stems from the fact you know you over paid for what you have. But hopefully there will be some remuneration for that. House prices shouldn’t be 8-10x average wage this will reduce that

[KDB @IamnotSteves]

@JSalisburyJones I agree but the bigger problem you have is the reduction in house price. You’ve overpaid which isn’t your fault it was the hand you were dealt with but you may have north of £100k negative equity over night. It’s necessary btw but not fair

[KDB @IamnotSteves]

@100pcLondoner House prices will fall which is exactly what Gen Z and a large portion of Millennials need. Sucks for the people about to be in negative equity but as a nation we shouldn’t have bought into ‘housing is a wealth building asset’

[KDB @IamnotSteves]

@brodders_be I think you’ve missed a glaring hole and it comes down to not having the details of implementation so everything everyone says is purely hyperbole. There is a very real prospect of a large portion of the Uk being in serious negative equity though

[KDB @IamnotSteves]

@_Unknown_D_ @trevgoes4th That’s the idea of LVT for housing to reduce then remain at a reasonable cost. The people who really suffer are those tied down to big mortgages the last 5 years who will immediately be in a large amount of negative equity. Also there’s been no mention of who values properties…

[KDB @IamnotSteves]

@Fink_Money There’s a lot to be said for grounding yourself in a community (not online) and just helping out where you can as food banks, charities, mentoring youth. Cynicism doesn’t give you satisfaction

[KDB @IamnotSteves]

@lancelachlan LVT only works if it is implemented the correct way. See this response I got from the Treasury in 2022 the civil service don’t understand it 🙃

[KDB @IamnotSteves]

@AndyBurnhamGM @DailyMail When my former MP @GillianKeegan put my suggestion of LVT to the treasury, they couldn’t understand how it’s supposed to be implemented. I’m not a Labour supporter I lean to the right on politics generally but this is good policy idea no matter who it comes from

[KDB @IamnotSteves]

@ColeFusionHQ Apprentice I had, called him bungalow because there wasn’t much going on upstairs

[KDB @IamnotSteves]

@TheKardiac_Kid He’s a Tight End just hasn’t realised yet

[KDB @IamnotSteves]

Genuinely good! Applying it to other sectors needs further explaining but it’s a step.

[John Fingleton @JohnFingleton1]

The Prime Minister spoke about the Taskforce on Nuclear Energy today:

"Exactly a week ago, John Fingleton reported on our nuclear industry. He found that pointless gold plating, unnecessary red tape, well intentioned but fundamentally misguided environmental regulations, and, I quote – it's quite a stark quote, he said – "a mindset that favours process over outcome" has all made Britain the most expensive place to build nuclear power.

"Now, I agree with him. In fact, I would go further. Because the truth is we see that story repeated again and again right across our economy. For years Britain did not have a proper industrial strategy. For years it cut public investment. For years it did not have a planning framework or frankly a government that would quickly approve new railways, new tramlines, data centres, laboratories, power stations, wind farms, even whole towns.

"So, guided by a simple truth, that rooting out excessive costs in every corner of our economy is an essential step to cutting the cost of living, and creating more dynamic markets for business, we will also clear the path for British business.

"And therefore, in addition to accepting the Fingleton recommendations, I'm asking the Business Secretary to apply these lessons across the entire industrial strategy."

The point about process over outcome is key. Our report is about achieving better outcomes for safety and the environment, which can be done at much lower cost if we get the regulatory framework right.

I would like to thank my fellow Taskforce members and the hard-working team of civil servants who supported us in this review.

I am also grateful to all those who responded very positively to our recommendations. There is a huge appetite for change. Implementation will require tough decisions and hard-work, so it is good to know that there a huge public appetite for change.

For those who have not seen it, the report is available below.

https://t.co/9wPTtkTDMU

[KDB @IamnotSteves]

@Cernovich Brother you have just described the UK for the last 50 years. If your people don’t see it now they never will.

[KDB @IamnotSteves]

@Sam_Dumitriu Now do the Rail/Water and highways. Infrastructure needs a revamp.

[KDB @IamnotSteves]

@db_fink Relieved I’m up to 52 phew 😮‍💨

[KDB @IamnotSteves]

@joshxhowie @GNev2 👀

[KDB @IamnotSteves]

@db_fink @CallawayGolf It’s going to be tough on your finances when you discover @SrixonGolf irons

[KDB @IamnotSteves]

@ZiaYusufUK please DOGE all this shite

[Patrick Christys @PatrickChristys]

Taxpayers have spent £52m on a road to nowhere in Guyana

[KDB @IamnotSteves]

@nav7634 @implausibleblog When your heads full of wild thoughts, being idle accentuates it.

Having structure in your life during those periods even if it’s lightened can be a key difference in keeping you on track.

[KDB @IamnotSteves]

@nav7634 @garyseconomics @db_fink I was going to say the same thing 🤣