A little time bomb under UK buy-to-let housing - Maybe

AndyBSG

surely the number of people affected by the 25K cap is going to be so small that it will have little or no effect?

I know we read in the Daily Mail on a weekly basis about the benefit claiming parents with 15 kids earning 30K plus per year from the tax payer but how many of these are there really in terms of a percentage of the overall population?

I'd be surprised if it was higher than 0.01%!

Generali

buglawton wrote: »

I thought with that with inelastic commodities, large price changes or consumer income cause less change in turnover, e.g. petrol, food.

Elastic goods/services by contrast can show a big change in demand with a moderate price change or change in consumer income/ability to obtain credit e.g foreign holidays, luxury electronics.

Good spot. For high please read low in my post. Thanks buglawton, a silly error.

Generali

Thrugelmir wrote: »

Labour won't be making policy at all it seems.



Seems as if Labour are the disunited party currently.

It sounds to me increasingly that they are the Unite party.