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Debate House Prices

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Debate House Prices & the Economy

Labour's £113,000 tax rise for people on £80k
Labour's latest pledge on restoring pension inequality in women's favour takes their spending commitments to £733 billion for the next parliament. With characteristic 100% truthfulness that you can take to the bank they've assured us nobody's tax will rise unless you're in the top 5%. There are 1.3 million who are,…
Corbyn has launched an assault on the property market including banning Right to Rent checks,
Corbyn has launched an assault on the property market including banning Right to Rent checks, greater tenant rights and a huge council building programme. Along with Boris 30% discount on new builds Both parties have launched an assault on the property market
Lifetime fixed rates for FTBers
Under the plan, buyers would only need a 5% deposit to secure the keys to their first property. Their mortgage payments would remain the same until it was paid off, meaning they would not be hit by spikes in interest rates.
Labours plan 4 day work week, genius
As long as the government print more money to fund it and Every company will have to hire more personal, unemployment will go down even more Plus people will be out spending one more day per week, faster money valocity great for the economy Labour are great all round, they are going to come down hard on greedy landlords…
Is Labour's new FREE broadband policy just a way for them to control the internet?
I've seen McDonald has got the cheque book out again to bribe voters. Is this "FREE" internet promise, just a distraction for a socialist Labour party to control the internet? I've been taught nothing is ever free in life. Always check the small print!
Deutsche Bank toxic derivative losses
Word that the "Dark Pools" were shut down in Europe this morning has everyone wondering about WHO took the brunt of the derivative losses. As the BREXIT vote was a surprise outcome it will most likely be the banks/insurance providers that offer the derivatives hedges in the first place - Deutsche Bank, of course, being the…
Grenfell cladding: who is liable?
Many home-owners face uncertainty because their flats are in buildings that used the same type of cladding as Grenfell tower. Who is responsible for the cost of making these buildings safe: those who own leasehold flats within them; the freeholder; the developer; or perhaps the company that supplied defective cladding? And…
Labour's Manifesto - The Nordic Model.
The Labour manifesto is very similar to the Nordic model style politics in Scandinavia. Problem is the income tax rate is 55% for everybody. Although Denmark has many benefits. It has their own NHS, which is run a lot better. They have FREE university tuition fees Poverty is non existant. low crime rate They also have a…
Can you explain how government subsidized 'sitting tenants' used to work pre- 1988 housing act?
I have been watching a few nicky van hoogstraten videos lately having only just discovered this colourful character and he is always bemoaning 'sitting tenants' and how the government forced the landlords to keep those tenants at a loss and them being almost impossible to evict bar with his notorious 'winkling' tactics. So…
No debate on the debate?
OK, I'll start. Why didn't Corbyn win by a country mile? With a tiny bit of anticipation & some clear thinking he should have smashed it out of the park. When BoJo asked ( and kept on asking) about his position on Brexit, he could have turned a perceived weakness into an incredible strength. He should have turned "sitting…
Would 4 years of Corbyn Crash the London Market?
Labour seem to be hell-bent on attacking HPI. Reading through their housing policy document there are a whole raft of other policies on top of those precied below. Of course these are not all fully formed, but it points to 4 years of a Labour government as a blow to Londons overheated market... * Labour housing policy…
More Johnson Lies...
The liar Boris Johnson just can't stop telling lies: https://www.bbc.co.uk/news/50496609 "The claim: Boris Johnson unexpectedly unveiled the Conservatives' plan to raise the threshold at which people start paying National Insurance contributions. He said: "If we're lucky enough to be elected, so the first Budget we will go…
thebrexitparty.com
Who wouuld have thought that Nigel Farage would have been such a big fan of EU Law all of a sudden? https://thebrexitparty.com/
Gold price all times high GBP and climbing
Not just the GBP but the JYN and several other major currencies. And many many smaller currencies are seeing escalating gold prices. Stock markets are crashing and currency wars picking pace. China are winning the race to debase, the race to the bottom in currencies, mind you the UK aren't doing too bad in devaluing their…
Labour = lower rents and house prices
Especially right to buy private tenants which had already spooked the market. Foreign property owners all want to sell up in Britain if the government can force them to sell at a lower price. The long list of other labour policies all equals lower property
Right to buy tenant plan to cost LLs £50 Billion
Labour’s right-to-buy tenant plan could cost landlords £50bn Britain’s landlords have reason to fear the plan to give tenants the right to buy at a discount. https://www.thetimes.co.uk/article/labours-right-to-buy-tenant-plan-could-cost-landlords-50bn-2ssf668nf
Right to buy on privately rented homes
What does everyone think about this with a possible general election looming in October. https://www.thisismoney.co.uk/money/buytolet/article-7419041/How-McDonnells-Right-Buy-buy-let-homes-work.html Yes it’s the daily mail, but is it beyond the realms of possibility where this Labour Party is concerned?
Instant House Buyers
Hi everyone, I just wondered whether anyone knows how much below market price or your advertised price, these companies tend to pay for your house? We have had our house on the market for ages and have already dropped the price quite a bit. Unfortunately we have a rather quirky house - on an unmade private road and with…
Will our semi detached property be classed as a terraced!!??
Hi, we live in a semi detached property and our adjoining neighbours have put a planning application through to join their property to the semi next door to them, it's a joint venture between them both. Still 2 seperate homes internally but will have a flat roof 2 storey extension joining the 2 buildings together. My…
The Aberdeen House Prices & Rents thread
A thread for 'the usual suspect' to comment on Aberdeen. Latest Data: ASPC: Prices -0.8% YoY This is wholly insignificant, and given how far prices are above 2007 levels, would be insignificant even if the falls were much larger and sustained for many years. Other sources confirm price changes in the market are minor: ROS:…

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