Panorama tonight: The Great House Price Bubble?

ukcarper

Definitely a place for more secure rental accommodation but no one seems to be rushing in to provide it private or social. I don't think BTL is a ideal solution for long term secure renting.

Cornucopia

The amazing thing about the programme is that it didn't mention the underlying cause once, AFAICT. And that is lack of houses caused by lack of available land with planning permission caused by poor planning policy. And that comes back to Government (national & local) to sort out.

Cornucopia

ukcarper wrote: »

Definitely a place for more secure rental accommodation but no one seems to be rushing in to provide it private or social. I don't think BTL is a ideal solution for long term secure renting.

It could be legislated that offering some form of long-term secure tenancy would attract some kind of additional tax-break.

CLAPTON

Cornucopia wrote: »

It could be legislated that offering some form of long-term secure tenancy would attract some kind of additional tax-break.

another simplification of the tax system?

Cornucopia

CLAPTON wrote: »

another simplification of the tax system?

It's already relatively complicated, I doubt that one more rule would make a huge difference.

grizzly1911

Why should another tax break be given?

BTLs already have the advantage over owner occupiers.

Perhaps owner occupiers should get tax relief on their mortgage payments and repairs, maintenance and improvements?

ukcarper

I know that BTL landlords are the biggest villain in the opinion of some posters. But if BTL didn't exist where would the rental properties come from.

CLAPTON

Cornucopia wrote: »

It's already relatively complicated, I doubt that one more rule would make a huge difference.

of course your are quite right:
I know nothing of your views on taxation but most people say that they would like the tax system simplified because it's too complicated but in practice their answer to many issues is further complication

Like the current government- committed to tax simplification in principle but have actually complicated it a great deal.

leveller2911

CLAPTON wrote: »

just in case you ever need to know








the way to get some-one to cry on TV is to ask a question and then keep
silent... they fill the void by crying





obviously depends upon the circumstances but works most of the time





why would any sane person cry because they used a foodbank?

Maybe because he feels like a failure, his job is to provide for his family.

Do you know anything about him?, his personal circumstances?

leveller2911

Cornucopia wrote: »

And that is lack of houses caused by lack of
available land with planning permission caused by poor planning policy. And
that comes back to Government (national & local) to sort out.

I don't agree, If more land was released for building then developers will drip feed properties on the market purely to keep the prices up.

What do developers gain from flooding the market with properties ?.