Debate House Prices


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But to let landlords panic on radio (Moneybox)

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  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Cleaver wrote: »
    ad44downey, is that you in disguise? I'm sure it is. I'd recognise your one line, simplistic, pointless, soundbite posts anywhere. How you been anyway?

    How hve they been? he/she has been about a thousand characters since downey icon7.gif he/she/orwhatever has had more disguises than Lon Chaney.
    '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
  • 92203
    92203 Posts: 239 Forumite
    Part of the Furniture Combo Breaker
    Greedy cow at the beginning, moaning that her BTL property was going to act as a second pension.


    She should try being young, and not being able to afford a decent home to buy, and then facing the longer term uncertaintly of not having a decent pension when she retires.

    I hope they get taxed to high heaven, I really do.
  • Cleaver wrote: »
    ad44downey, is that you in disguise? I'm sure it is. I'd recognise your one line, simplistic, pointless, soundbite posts anywhere. How you been anyway?


    The problem is you want to make things complicated to cause a smoke screen. House prices are up in fantasy land and cannot be sustained. The wheels are now in motion and we will see a lot of people who where greedy lose a lot.
    :money:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Cleaver wrote: »
    ad44downey, is that you in disguise? I'm sure it is. I'd recognise your one line, simplistic, pointless, soundbite posts anywhere. How you been anyway?
    maybe but the new main Id is Doctor [STRIKE]Glum[/STRIKE] Gloom
  • chucky wrote: »
    maybe but the new main Id is Doctor [STRIKE]Glum[/STRIKE] Gloom

    Doctor Gloom - how about Doctor Reality, just call me DR for short :T:j:rotfl:;)
  • macaque_2
    macaque_2 Posts: 2,439 Forumite
    LydiaJ wrote: »
    What surprised me was that the presenter referred to "some people think that BTL is to blame for the rise in house prices, which has been so damaging to FTBs"


    Well dur! When you have hoards of BTL locusts with more equity than sense, its a racing certainty that house prices are going to float far above their rational level.
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    I've posted here previously that general intent of EU property taxation is to steal 100% of the value the house over an average lifetime. So property-owning becomes a zero-sum game. The lefties as especially keen on their annual local tax at 1%-2% of property value, hoping that limited-income property owner will have to sell up. Just part of the Fabian's long-term assault on private ownership.
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    macaque wrote: »
    Well dur! When you have hoards of BTL locusts with more equity than sense, its a racing certainty that house prices are going to float far above their rational level.

    macaque - I wasn't disagreeing with the statement; I was finding it refreshingly novel to hear a radio producer taking that point of view.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • Gorgeous_George
    Gorgeous_George Posts: 7,964 Forumite
    Part of the Furniture Combo Breaker
    I like the proposals. They make the Tories unelectable.

    GG
    There are 10 types of people in this world. Those who understand binary and those that don't.
  • dealsearcher
    dealsearcher Posts: 756 Forumite
    I like the proposals. They make the Tories unelectable.

    GG

    For sure most buy to let owners would be Tory voters as that is the party that is supposed to support those that don't rely on the government but use their own capabilities to look after themselves. Those that rely on benefits and just want the government to look after them are much more likely to vote Labour. The Labour government did a fair amount of shooting itself in the foot. This is the first example of the new government doing the same.
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