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Debate House Prices


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Miras to return?

Old article, but I just thought I would get you at it :D

http://property.timesonline.co.uk/tol/life_and_style/property/article5196527.ece
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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Comments

  • ad9898_3
    ad9898_3 Posts: 3,858 Forumite
    Lol..... didn't you do this a few weeks ago Steve, you bad lad.:D
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ad9898 wrote: »
    Lol..... didn't you do this a few weeks ago Steve, you bad lad.:D

    I didn't bother linking to an article then :D
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Well with interest rates near zero, it would be a wonderful empty gesture, so I wouldnt put it past politicians of any flavour doing it, and withdrawing it as soon as rates rise:D
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What % of people are paying near 0 interest rates I'm not on a fixed deal my rate is 3.5%
  • treliac
    treliac Posts: 4,524 Forumite
    On 5.34% Standard Life SVR. Bah :mad:
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    StevieJ wrote: »
    Old article, but I just thought I would get you at it :D

    http://property.timesonline.co.uk/tol/life_and_style/property/article5196527.ece

    Well it's not going to cost much if interest rates are at 0.5%!
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    Generali wrote: »
    Well it's not going to cost much if interest rates are at 0.5%!
    Wont be long before they start rising to the skies.
  • Old_Slaphead
    Old_Slaphead Posts: 2,749 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I think MIRAS for 5 years for fist time buyer is a great idea of getting the market moving - an I've advocated it on many occasions to my MP.

    It should not be extended to BTL properties however (as they're not FTB!!)
  • treliac
    treliac Posts: 4,524 Forumite
    It should not be extended to BTL properties however (as they're not FTB!!)

    Or public sector workers, eh?
  • Fred1_2
    Fred1_2 Posts: 214 Forumite
    Why not have tax relief on rents as well? In the old days of MIRAS the 2 groups who benefitted were those buying their homes and those in receipt of housing benefit. Working people who couldn't afford to buy a house got nothing. I wouldn't like to see a return to that unfair situation.
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