₦airaland Forum

Lexusgs430:
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Nice one. For the next tax year, I'm in search of a decent broker offering no fees and a switch bonus.

I recently made a payment to my SIPP and for once took the time out to properly read through Vanguards investor document. I have always sought out cheaper fees but it was shocking to see that over a 30year period, fees alone would have have shaved off almost 20% of my returns.
For reference, fund fee is 0.23% and Vanguards platform fee is 0.15% of the invested amount capped at £375 pa.

Infact, I'd likely ditch Vanguard and switch to a cheaper global fund.

expensive007:
Thanks for your insights!

They were not willing to transfer funds to 3rd party account. Moving forward, I will be using my personal account for the receipt!

Thought as much as it opens a pandora box for many things.

RodgersAkpafu:
We all know these things

IRCC have asked Indians as well as other people to resubmit documents, but of all nationalities, they are the only one fretting and panicking
IRCC had to address it, as Below

https://thepienews.com/ircc-addresses-concerns-over-document-resubmission/

Just as you’ve been shown multiple times, single occurrences and anecdotes are not reliable data when analyzing large groups. You should be educated enough to know that.

Go study your biases and see if they hold true. If they do, present me some data.

ednut1:
as seen on TikTok . The country of origin for the 50k non compliant students. Those in glass houses should not throw stones. Your country is number 3 . 😒

Interesting that despite all the prevailing narrative, India has 5.6% of their attendees being non-compliant as against the general average of 7.2%. Better still, their rate of defaults is less (i.e better) than all mentioned countries on your screenshot. For example China and Nigeria sits at 6.4% and 11.2% respectively.

Without Indians, the average default rate would be higher at 8.7%


If you were a policy advisor looking at this with the aim of reducing non-compliant students while retaining good number of arrivals, what would you do?

RodgersAkpafu:
Can you see the gap....

Our supposed "model minority highly skilled pipu" have more ppl caught up in forgery than the next 4 countries put together
Now that IRCC has asked for more ppl to (re)submit their documents, be assured that that number with further balloon

Now, you have some data to work on as regards your much repeated forgery line

For starters, when presented with such a table first thing is to confirm the source or legitimacy of the data.
Second is to work out of what the percentage of defaulters are in total and are for each group.
Lastly, you compare the percentage of defaultees by group against the total average to see if any is under or over represented and to what degree (if significant). All before going on to more details like trends e.t.c

I mean, this is basic stuff.

Saccharine:
Farage should just call him Daddy. He's literally bending over for money

Lol... daddy Elon

Goke7:
it's difficult to unfriend the richest man in the world, it's what it is. Many out there are dying to be in Farage's shoes so bro need to behave or be sent packing

Just imagine if it was Rishi subjugating himself to Andani Brothers or if it was Kemi frolicking over Dangote. The likes of Farage and the general public would have been up in arms about unwanted interference. Now it's Elon... na siddon look we dey. When I look at the UK-U.S.relationship, it's not very far off from the way Elon and Farage ride.
All said, the reach of Elon is becoming dangerous. One person should not weild such power.

ferfer:
@LordAdam16, RodgersAkpafu, Jedisco and any one willing to contribute.

So we have established that there is a deficit of talent in our community! What do we do to remedy this? It is not enough for us to describe a malaise, we can also try to proffer solution(s). You never know who will be reading this - now or in the future. We diagnose, prognosticate and also offer therapy - clear ones and in simple language. We have all heard the toll of the death knell of affirmative action, which as nebulous as it seem to some, is still something and has offered a pathway to a better life for many. And so it may behoove us to gestate or come up with a more bespoke alternative.

RodgersAkpafu spoke about a cultural shift. Can we get into the nitty gritty of this?

LordAdam16, I will take a couple of hours one of these days to look through that reddit thread. That looks loaded to the brim. Please provide more insight(s)?

Jedisco, please shoot!
Thank you.

It's a common proverb that he who throws stones at everyone never gets to a destination. There is no need boring being prescriptive with a long list of things which are common knowledge. We could start by building a community focused on self-improvement. Just like the Nigerians in UK thread- open conversations are welcome and with time knowledge and community grows. There is even a mortgage thread with many getting on the ladder and sharing experiences.

Let's be clear, as a people or country we are not trying to reinvent the wheel.
What we seek has been done around the globe by multiple nations and groups. Over recent centuries, it was mainly the west that saw good development with their ensuing plunder so perhaps we may have been able to excuse ourselves if things remained that way. However, the last 80 years has shown that any country or people, if they do the right thing, can aim for the top and achieve that with time. Though I agree, there are still macroeconomic factors at play. We can x-ray what others have done and see what could work for us on an individual and community level taking care to avoid their pitfalls

Examples abound- Malysia, China, Singapore, UAE and now India, Mexico and Brazil are forging on despite challenges. What's impressive is that pace of development for some of the initial Asian tigers was much steeper than had been previously seen or thought possible. This is down to how knowledge compounds with time. Within a generation- some went from poor to developed. We can decide to get down, do what others who have succeeded have done and build wealth in our communities, or we could go around abusing others and chorusing racist tropes while we're left behind.

Regarding affirmative action, despite never being a recipient, I have argued in favour of it but this has to be properly balanced with merit. It's just how the world works and keeps balance. Look well enough- affirmative action is everywhere just called different names and without it, some groups would be unduly left out not for lack of intelligence but opportunity

LordAdam16:
An investment bank doing bend-down-select is different from Goldman Sachs spending $7B and employing tens of thousands directly and through its GCCs in India.
India's population is 1.4B. Asia's is 5B. All of Africa is 1.5B.

It's not even close.
You're trying to compare a local supplier of a bodega to a national supplier of Walmart.
We're operating at different wavelengths.

US engineering graduates: 70,000 per year. India: 350,000. China: 600,000.
That's why China can decide to create three new Starlink competitors concurrently and it's a regular Tuesday.
You become an adjunct professor, become a VP, rise to Principal SWE, start a practice, and now you feel your pond is the Pacific.

Cognizant has 336,300 employees.
Founded in India. Headquartered in New Jersey....

-Lord

Thanks for bringing facts to this. Though I dont agree with some of your opinions, but its folly to argue facts with emotional tantrums.

When you look at the number of multinationals setting up in India, you begin to wonder. Shortsighted folks would say its 'cheap labour and poor quality...' but already, the pay for some of such jobs in India now rival pay in western nations. Compound their current economic growth of 7% pa and you'll see where they are headed if they stay the course. Of course, they still have huge pockets of poverty and need to address their wealth inequality but their GDP per capita tells its own story. I looked into Goldman Sachs and its surprising - quoting: '35% of their transaction banking team and 50% of its consumer banking team are based in India'. This is a bank that has over 1.6 trillion in assets. i.e over 4x the total GDP of NIgeria.


What I find surprising is that despite all this, someone who in a university setting rather than learn and seek to make himself and community better, goes on Twitter and is fed racist jibes by people many of whom do not have the education we possess. He then turns around to regurgitate that without asking those racists what they think of him. Look at China, until recently, they were a laughingstock in the West. You can guess what westerners would have said about them in 1990. Today, everybody has woken up and they're rivaling America for supremacy while retaining most of their wealth. That mistake is what may western nations and companies don't want to repeat in India

Hehe.. money good oo.

Someone is courting your wife in public, saying you're unfit to be a father. You response is 'we're still friends'?, 'I'm travelling to his house to mend fences'. I wonder how the conco would go. I wonder if Farage would be offered a sit in Musk’s presence.


Asked whether the two were still friends, Mr Farage told Sky News: “Of course we’re friends. He just says what he thinks at any moment in time. Look, he said lots of supportive things. He said one thing that wasn’t supportive. I mean, that’s just the way it is.” “ I am confident that whatever has been said we can mend. I really think we can. He said what he said… Of course I want his support, of course I will talk to him in America in a few days time, of course I want to mend any broken fences that might exist. I’m sure we can do it.”

expensive007:
No. I don't have any UK bank account, because I'm still in Nigeria.

Most of it could be sorted by speaking to the brokers.

Were you resident in the UK before when you bought the shares? If you bought them via a Nigerian stockbroker/platform, then I doubt they'd be able/willing to pay it out to a third party in another country.

Are the brokers willing to liquidate your holdings and send it to a third party's account?

If you want to retain your £ purchasing power (as youre planning on a reasearch course), you could utilise a dom account

Zahra29:
The ready supply of immigrant labour has contributed to the low wages in the sector. Unfortunately too many foreign workers are settling for minimum wage and poor working conditions in exchange for a care visa, and too many care companies are getting a free pass even though they can afford to pay more.

Which is why I dont understand why the government continues to leave the care route open. If its closed and there's good shortage, employers and subsequently councils are forced to pay more, people would spend more weeks in hospital waiting for their care package, elderly folks may die alone without care e.t.c. all this would force wages up. Same can be said for even the NHS. If the government stopped taking foreign nurses, perhaps, the NHS would have since been forced to pay local ones 80-100k for starters. Foreign health and care workers are to blame for low wages in the sector

"Descending on the benefit system with vengeance" - lol, if there's anything left. Reeves is bringing in new cuts very soon, benefits are already very squeezed and it's only going to get worse. One has to be practically homeless (with young children) to qualify for a council home, and on a very low income/unemployed to qualify for universal credit or housing benefit.. Child benefit is capped at 2 children and starts to reduce if one parent earns more than £60k. Right to buy will soon be scrapped in all but name due to stricter requirements.
What other benefits are there?
Even the state pension is on shaky ground.

Na ne u dey ask?
Ask the millions on state benefits what they're claiming. As you said, the money don finish... so I wonder why the Torygraph is then worried about potential new entrants

lavida001:
That conversation of building and getting Africa working that you all don’t want to have will one way or the other come to hunt us. “Let me mind my African business”

Civil conversations are welcome. I don't get the feeling anyone here is against having that conversation- certainly not me. Why not bring it up?

Many here are doing what they can to support the economy and initiatives back home

Goke7:
After creating something no one forced them to do then they will start fighting against it whether it’s post study or startup visa as if it was in Sokoto the pathway originated from. This is why am not excited about the AI pathway cos tomorrow when those ones too are eligible for ilr they will start saying another thing again like they are responsible for many Brits sitting down at home and damaging the economy.

It just shows the exploitative approach all these programs are and never about progressive ideological way of solving problems. Like I always say it’s a hit and run system.

Lol... na today? Its a well known fact- we are only here only cos we're needed not wanted and reason why I'm unapologetic in seeking out the best for myself. To be fair though, this is an opinion piece on the Torygraph
They should bring AI on, let people benefit.
In their minds, after care workers have suffered for 5yrs on minimum wage and taxed heavily for settlement fees- what stops them as citizens from descending on the benefit system with vengeance... afterall everybody get wetin dey do am and what some of them go thru is enough to cause PTSD.

The odd thing is that a good chunk of the labour shortages in care, farming, construction etc can be filled locally by supporting the millions on longterm sick back to work but any proper conversation on that is shot down by a baying mob.

Cyberknight:
I saw this one.
Interestingly enough, the article makes the good point that salaries for care workers should have been whacked up first but says nothing about the social care NI increase the Johnson government brought in in 2021 to deal with funding for social care which was immediately cancelled by Truss and the low-tax ideologues.

Care is hardly straightforward. Most setups are run by private providers (who determine pay in line with market forces) and the government wouldn't touch it with a long pole. Many concils are on the brink of bankruptcy thanks to social care. Central govt doesn't want or have the means to increase funding to councils.
B-Jo was able to ride the covid induced wave of nationalism that people didn't mind when such was introduced. Now we're back to normalcy, and tax burden close to historical highs, nobody wants an extra tax bill. The recent winterfuel and issue with farmers caused alot of upheaval even though it was the 'rich' that were targeted.

On economic modelling, I think the UK would remain somewhere in between as its culture dictates. Its tough- Higher income earners already carry a huge tax burden and taxing them more would not bring needed gains and be unpopular. An argument can be made to reduce the relatively generous personal allowance but this would be unpopular and its already set to rise by inflation.
A less controversial one would be cutting/capping ISAs as was done with pensions but that might result in a behaviour change and unsure inpact. There are other small cuts/ tax rises that could be made but Reeves is trying to play it safe but the people want major reform. People increasingly want something radical even if that is ultimately going to burn down the economy

Peerielass:
Has anyone used an eSIM while visiting Nigeria? If so, what was your experience in terms of network coverage and cost? I’ve used eSIMs when holidaying in North America but noticed that MTN and Airtel now offer this service in Nigeria so I am considering this option for a forthcoming trip to Nigeria. Many thanks.

I don't think there should be a difference in network coverage between both. The network coverage depends on external factors not the kind of sim one uses.

AirBay:
@Jedisco

I have nothing against indians as long as they do not behave like assistant caucasian/beter immigrants.

Finally something coherent to work with. Lol @ your first statement.

I must say I'm not fully abrest with the current licencing situation in Canada. But its worth knowing that the medical system for most nations in the anglosphere is closed-loop. I.e There are significant bottlenecks purposely placed to severely limit numbers they take in - some are due to funding issues but many due to medical colleges limiting numbers to maintain high pay. Passing the exam is the easy part, getting into the system is what matters. If there are only 50 slots a year, it doesn't matter if 1000 people pass an exam. I know at least 5 folks who passed the Canadian licensing exam but had to leave and specialise in other countries cos they couldn't get in. I've also taken the exam (not that I needed to), passed on first attempt with much to spare and certainly wouldn't class it as a hard medical exam.
The downside of such bottlenecks, is that if not managed well as is the case in Australia and Canada, the government is ultimately forced to seek specialised healthcare professionals elsewhere which both mentioned countries are doing now.

Secondly, Nigerian medics do equally well as Indians in written medical exams and even better in orals. Like you said, I think part of the reason for the issues here is that many of us grew up thinking other races were better than us and are surprised when they get to the West and see that there's nothing special about one cohort and we can equally stand our ground and better them in many ways. There is no inate special characteristic about British, American, Indian or Nigerian doctors. Like I've said on occasions, the main differentiating factor between me and an almajiri would manytimes be opportunity- not inate ability.


Just as we should avoid using slurs against people, we also should avoid diefying people which I think some might have understood my posts for. If a group is performing well, you can decide to hate them and look for excuses for your state. However, in many instances you put in same effort, you'd achieve same result. Thats the whole point of this conversation.

RodgersAkpafu:
Everything I said is the damn truth, and if u feel sone kind of way about it *shrugs*

You're rambling and spamming this page- more like displaying emotional tantrums.

Still didn't answer my questions

1. Have you bothered to ask you gods on X who call Indians names what they think about you?

2. If those racist folks call you a monkey, what would you say? I guess nod and say they're right?

Didn't take long. Telegraph is already arguing against ILR for our great british care workers. When they were used to subsidize care costs, they didn't know they were 'low-skilled'. Now its time to become citizens, they don remember their skill... lol
Interesting how these folks advocate a UAE-esque system when it suits but when it doesn't, accuse those folks of human right abuses. If its a mistake, why is the visa pathway still open? Well, I'm happy Keir is overseeing the return of migration numbers to 'normalcy'

Over the next two years, many of those who arrived since 2021 will become eligible for indefinite leave to remain. Once this is granted, no matter how expensive they may turn out to be, they can stay. The priority for the Government should be preventing this from happening – extending the time taken for eligibility, imposing fiscal contribution thresholds and, in the longer term, shifting towards a guest worker model for short-term, low-wage work. The alternative is too costly to contemplate.

Cyberknight:
New foreign experts to be blamed for the UK's self-inflicted domestic problems, you mean.

Hehe... if these folks turn up and help build a robust AI industry here, you can bet your last penny they'd ultimately be accused of taking British jobs. Well let them start the pathway. The more the better.

expensive007:
Greetings,

Experts in the house, please help me out on this. I have a shares in a UK based company and want to sell part. However, I want the money sent to a trusted friend within the UK itself.

I have the intention of coming to the UK via a research based course with my spouse, so I need the money to remain in the UK for important transactions.

I'm not taxable in the UK right now.

Now, my question is can this money be transferred to my friend without endangering her account since every financial activities are monitored?

I have heard a lot from some people about how such transactions may be suspected and flagged.

Thank you

Do you still have a UK bank account?

Also, there are easier ways of transferring money across borders now.

Goodenoch:
What I've seen in my research supports your stance here. Rents are going up at the fastest rate ever in a decade (https://archive.is/U72Rb) and there are still places where it is possible to get double digit yields (https://archive.is/Zpc9v).

On the new regulations (which I support, BTW), even though they'll likely make things more difficult and costly for landlords, along with stamp duty increases and higher rates, it still seems that if one finds the right properties (right now the Northern parts of the country look the most attractive), there's still a lot of potential, especially when one prioritizes the long term capital appreciation over decades.

Stocks are great but the leverage one can get with real estate is simply incomparable at the moment.

Well said.
Hating landlords to me is similar to the anti-immigration rhetoric. Yes, there should be good control over the system but that should be done with the understanding of the economic implications of such as good availability of rentals are essential in a vibrant society.

ednut1:
tried to get into trucking business with a friend but the maths was not adding up. Too many cash flow , profit margin and staff issues. The business is currently dominated by Indians in Ontario. Its of recent the “real” truth began to come out. Some of them supplement the income with the below. 😂

You do realise that worse has been said of Nigeria and virtually any other group right? Crime is crime and should be addressed as such.
Moreso when you see headlines being perpetuated, you need to step back and ask yourself why.

In the UK, 10yrs + ago, it was the norm that when things went wrong in the NHS and an immigrant was involved, the entry line wiuld highlight that persons origin irrespective of whether they even went to university innthe UK or had spent decades there. All that did was foster segregation in the workplace and governing agencies to the extent that a high court had to indict governing bodies.
Over the last few years, that entry line has slowly disappeared.

Second example is looking at the headlines attached below- both were referencing thesame article but had already told their audience what to think even before they started reading the article. It's always worth seeing things beyond the headlines.

RodgersAkpafu:
The difference between Indians and Nigerians is that the Indians have had good PR, and because they have been white ppl pet ..

Over the last 5 years, it is the VERY WORST of Indian's and other South Asians that have flooded the west, the dregs of their society

Go on twitter and see the racist tropes heaped against these Indians

Indians are the image of everything wrong with Canadian immigration when it comes to the discussion, and our ppl in Canada will bear us witness
Go look up the word "jeet" "pajeet" etc
The PR they have been using to launder their image has fallen apart, and I love it so much


lying, forgery , oluwole ppl who are mercenary and racist to black ppl, and also lack emotional intelligence on a mass scale
...
The west is fed up with them

I had to highlight all the appalling things you typed in one response. This is not including those you typed earlier.

To the extent you're asking me to go look up slur words. Why not tell me to also go look up your favourite slurs you use in describing fellow Nigerians. All this reminds me of a discussion I had with an out-of-school child decades ago who believed his major problem was the Ms world contest Nigeria was to host. The world is not made for weak minds.

@mods, it's important to keep discussions here civil.

RodgersAkpafu:
Oh please
I am telling you based on my own experiences.

I am currently in the university sector, you have no idea the headache these guys are giving us, and no, I am not repeating racist tropes (I hate racists)
I am telling you as it is.

As you're in the university sector, you should know that anecdotes hardly constitute reasonable evidence. Address the issue on ground and dont throw emotional tantrums. We're talking about large groups of people in developed countries for which good dependable data is available

Talking about facts
1. Indians as a group well outperform the average UK GCSE scores
2. The household wealth of Indian household only trails behind white Brits and was over 5x that off the average black African as of 2020
3. Most multinational tech firms have outsourced some of their work to India. Many have kept jobs there
4. An increasing number of folks of Indian heritage have risen to positions of authority in the West
6. Nigeria owes over $20B to india
7. Our largest local manufacturer- Dangote now has Indians running his companies
8. It was thank to India that Nigeria was able to build it's first functional refinery in decades.


Why should what a racist sprouts anywhere infer any meaning to what I'm saying or how I see myself and others? Is it low self-esteem or what? Have you bothered to ask those racist folks what they think about you? If those racist folks call you a monkey, would you nod and say they're right?

Journe:
It's seems you moved here recently, read about Canada history, it's what they have always done irrespective of the Prime Minister from the days of giving Black Americans who were slaves at that time refuge, some of them are still in Nova Scotia till date, whenever US or some other country invades another country, Canada is always giving them that refuge, it should be balanced though because we're not the cause of any of these wars and shouldn't suffer it in anyway.

Before you moved here you already know that Canada is pro lgbt, when Pollievre enters you would be dreaming if you think he would reverse any of those laws, something that has been in existence since 2005 and conservatives didn't bother, it's in 2025 that they would now change anything? As long as they remove children and teenagers less than 18, we're good.

Interesting. I'd read about this. I can only wonder what words racists then would have been used to describe those black slaves who were given refuge. I wonder how itd compare to the description some have of Indians here.

Its interesting what religion does to a mans mind. Its a mumu button many politicians have used... Buhari, Trump e.t..c. What folks fail to understand is that the muslims arriving Europe are more likely to closer to such 'christmas values' so esteemed than the everyday westerner.

njambert:
This same passivity is the reason why liberals can't figure out destruction they bring upon themselves and their respective nations.

I can't remember arguing strongly on this page in favour of immigration. I've been quite clear- everyone is free to have their thoughts but where I draw the line is when humans and now being denigrated for taking up a legal pathway. If you dont like the pathways, write to your MP, protest or vote the government out but don't turn it to racist abuse. Whatever stane you take, it's worth looking at Japan cos it seems where they are is a stage most western nations are actively avoiding

The situation of the UK is not a right wing media narrative, it is a much more sinister than you are making it out to be. It is a spineless undemocratic hellhole gradually crumbling unto perdition. And Canada is following the same footsteps.
Why has Tommy Robinson been detained, threatened and banned for making a documentary about these crimes since January 2022?
He's currently serving an 18-month prison term and Elon Musk has called for his release;
....

UK politics is very complex. It's important to understand the landscape before making such bold statements
That you don't know why Tommy Robinson is in prison again is shocking given you have such strong views about him. Your ignorance about everyday UK issues is quite telling and shows how far disinformation can go. That every party in the UK including the far right Reform have distanced themselves from him should tell you something. Or do you also see him as the Martin Luther king of our generation?

RodgersAkpafu:
you have [probably] not lived with them

You have not been in their enclaves
You have not been a victim of their mercenary practices at the workplace

Actually, I have lived and worked with them. I am a doctor in the UK and you wouldn't get a higher percentage of Indians in any sector than the NHS/Care. And please dont make the excuse of 'oh, but those are health/care workers'. It seems you are now repeating tropes racist folks spew against others. Funny enough, all you said does not surprise. Blacks, Jews, Irish, Igbos, Yorubas and Hausas were at different times described with worse narratives by certain minds

The West is not fed up with India. On the contrary, they are becoming more entrenched.
In the UK, Indians outperform most immigrant groups in educational attainment (GCSEs attached) and wealth and they're underrepresented in crime. The last PM and many MPs were of Indian heritage. There is still a special migration pathway for Indians only and most of the medical colleges have a direct agreement to with Indian colleges that see people come over.
In Australia, its similar. Infact the Australian government recently went to India to employ 150 docs.
In the U.S, its virtually thesame story. The possible change to H1B visa should see even more Indians take up highly paid tech jobs. Already most tech coys have outsourced to India. You might say its because of low wages but remember wages in Nigeria are even lower. How come they're not coming here?


The ignorance with which folks speak about the UK here is quite amusing. You can get more info on 'Nigerians in UK' page but to be clear, the last group of migrants the UK would close its doors against would be Indians. BTW, remember Nigeria owes financial debt to India. In addition, they helped build us the largest refinery in the world and our only functional one in decades plus train our engineers to run it. This was after years of our presidents begging western coys to do so. It must be a 'low-trust' refinery

missjekyll:
You know if you just googled those 2 terms for 2 secs, you would see the difference? Estate agents lie all the time,you know that. Pull up the renters right bill on the parliament website and peruse it before you btl. Probably best

I rest my case

deept:
I would tread with caution wrt btl especially with the increasing regulations, besides why should you own more than one property when people are struggling to and can't afford to buy their own homes. Have you considered short term rentals, seems to give more returns than traditional BTL. It's folks like you that increase demand thereby cause house price inflation. The stamp duty on second homes generate tax revenue for the govt, you are rich we need to tax you more.

Interests rate coming down, no one can predict. With the trend on inflation turning back up and economic uncertainties plus trump in a couple of days if you ask me id say hold and have a sense of where things a will go.

Hmm..
I've been very careful.. reason I've not delved in yet. Issue with holding is that no one wants to be chasing an upward trending market or only buy when everything is looking brilliant. We can't time these things. I bought my place in 2023 and have no regrets I did rather than hold as many were predicting a house market crash in 2024. Also, it seems more experienced folks who didn't exit the market are now gaining confidence. The headache in short-term rentals is the issue. I want a hands-off approach which I can hand over to someone to manage for a token or an estate agent.


Seriously, I don't get the dislike for landlords. Even as a tenant, I remember stating here that I see my landlord as someone providing an essential service.
Good availability of rentals are essential to a vibrant economy. I've rented in Nigeria and the UK. I'm also enquiring on a rental I might soon move into. I'm grateful for the landlords that rented out to me on fair terms cos without them, I'd have been shafted.

In a free market, demand is a good thing. It's one of the reasons why America commands such power- their consumption is outsizes their population. Supporting the mortgage market is a good thing too. Its the bedrock of every developed society. Jobs are created with every transaction and taxes are paid promptly.
Would it be better for the UK society if people invest money earned in the UK in U.S stocks or in Nigeria? Or would you also question someone invested in REITS which is another way of being exposed to the property market?

Something for a weekend read.
Stumbled upon this and it was masterfully written.

A gentle reminder that anyone who blames immigration for NHS wait lists or not being able to see their GP is either willfully ignorant (i.e never stepped into a hospital) or being dubiously deceptive.

directonpc:
I always find your contributions here on point, including this one.
Though I've had negative experiences with people of Indian origin in professional dealings and the ones that ripped my partner off at her student accommodation, I can't say people like Sundar became the CEO of Google only by cheating the system.

I'm also learning personally that as a minority, do more than see challenges and complain. I've worked in teams where I'm the only person of color and managed to thrive by just focusing on doing my best job. You'll very likely get your respect for being competent and hard to replace.

Thanks for the nice words.

It's a developed society and there's merit in some parts and one can rise by putting in the right effort. Thats said, there are still loads of glass ceilings and unconscious bias. Just thesame way we look at established black folks who arrived 40 yrs + ago and wonder how they held steadfast inspite of challenges, I have no doubt that many of the things we go through today as immigrants would be looked back on in thesame fashion.

missjekyll:
I m not a socialist...I believe in regulated capitalism and democracy which makes me a democratic socialist.

Do you know about the new renters right bill which is coming in this year? You should probably study it before you BTL,jedisco

Hehe... Capitalist + democracy = democratic Capitalist. Abi my eye dey do me strong thing?

Renters bill? I'm almost regretting having cold feet earlier cos rents are on the increase as older landorn have cashed out. With other assets hoing bokers and interest rates dropping, wouldn't surprise me if house prices pick up. I called an agent regarding a well located property I saw over Christmas, chap said they had over 20 viewings and vendor has already asked for best and final offer.

Rent controls in Scotland has caused a severe spike in rent. In Argentina, eliminating rent controls caused a 40% drop in rent. I gather parts of Germany its very difficult to find a rental in some places. Sometimes, the best way to intervene in a market is by going back to the basics of supply vs demand