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Debate House Prices


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Support for mortgage interest benefit cut by thousands of pounds

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Comments

  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    You know what gives me a little glow?

    Knowing that champagne socialists with three kids on household incomes of 60K or 70K will not now be given £25,000 or so of our tax money over the next decade.

    Who knew cuts would be so much fun....:D

    The champagne socialists I've met in person aren't into kicking people out on the street because they get a benefit from the state they personally can't get. ;)
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    What must be true? My sarcastic point about it being said 56 times?

    Or people having equity in houses?

    The first bit, my point, HAS been said over and over, by myself, even on this thread.

    The second point about people having equity in their houses...well, think this is pretty much a given for many, and not just some blase assumption by myself.

    I'm not really sure what your point actually is. I was discussing something with you and suddenly the discussion has stopped and some vague sentence has been put together as a put me down.
    you've done well to confuse the two points - i like it.
    but let's try and keep them seperate so that it's clear...

    firstly - SMI is a cheaper alternative to LHA, so less of a burden on the state.

    secondly - regarding those on SMI that have equity. according to you and many others in the HPI cult, prices have not risen in the last 18 months and most people bought on 100% mortgages or very high LTV's anyway . so those that bought in 2004, 2005, 2006, 2007, 2008, 2009 and 2010 will all be in negative equity or very close to it without equity... so that's killed that theory. even though it's been mentioned on her 55 times it doesn't make it anymore true or reality...
  • Ic1male
    Ic1male Posts: 45 Forumite
    doire wrote: »
    Let them burn. I dont want my taxes being spent on their debt

    Nice, so repo`s shoot up and every Auction room full of empty repo houses?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Ic1male wrote: »
    Nice, so repo`s shoot up and every Auction room full of empty repo houses?

    Then property prices adjust to what people are prepared to pay at auction. The unwinding continues..........
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