Debate House Prices


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Has osbourne saved FTBs?

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    CLAPTON wrote: »
    why don't 'small' builders enter the market

    Most either went bust or found other activities to fill their time. Same for the skilled workers. Although we live in a 24/7 world. The reality is to make a significant difference to anything requires years of investment and planning. Not simply the flick of a switch.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Most either went bust or found other activities to fill their time. Same for the skilled workers. Although we live in a 24/7 world. The reality is to make a significant difference to anything requires years of investment and planning. Not simply the flick of a switch.


    you live in a world where nothing is ever possible
  • cells
    cells Posts: 5,246 Forumite
    Thrugelmir wrote: »
    Most either went bust or found other activities to fill their time. Same for the skilled workers. Although we live in a 24/7 world. The reality is to make a significant difference to anything requires years of investment and planning. Not simply the flick of a switch.

    Yes correct industries and sectors don't change very rapidly unless there is very high profit or subsidy. However a more sustainable 20% annual grow is still rapid

    at 20% annual growth the UK can go from about 140k per year to 350k new builds per year within 5 years

    We don't really need to ramp up faster than that.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    CLAPTON wrote: »
    you live in a world where nothing is ever possible


    Unlike the "winners" who used to flock to the BTL seminars you mean?
  • Sales of empty second homes will have to take up the slack.

    The trouble is, there aren't many second homes where the jobs are.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
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    Unlike the "winners" who used to flock to the BTL seminars you mean?

    no idea what has to do with small companies building more houses
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
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    The trouble is, there aren't many second homes where the jobs are.


    There are second homes in every town and city in the land, it just takes one half of a couple to keep their flat they had when they were single and "just rent it out" to make many many second homes that will be taxed to the max in the coming years.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
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    There are second homes in every town and city in the land, it just takes one half of a couple to keep their flat they had when they were single and "just rent it out" to make many many second homes that will be taxed to the max in the coming years.

    Those are not second 'homes', how could they be? It is the home of the tenant, those are second properties, not second homes. Second homes are usually holiday homes, although they could of course be a pied-a-terre.
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Those are not second 'homes', how could they be? It is the home of the tenant, those are second properties, not second homes. Second homes are usually holiday homes, although they could of course be a pied-a-terre.

    Well, exactly. Second homes are homes you keep empty for your own use, usually somewhere scenic. These tend to be places where work is casual, seasonal, low-paying or all of the above.

    It says a lot about some people that they can make a category error of this nature yet still feel competent to hold an opinion on, well, anything.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Well, exactly. Second homes are homes you keep empty for your own use, usually somewhere scenic. These tend to be places where work is casual, seasonal, low-paying or all of the above.

    It says a lot about some people that they can make a category error of this nature yet still feel competent to hold an opinion on, well, anything.


    So the HMRC clampdown on people with second properties that take in rent, for past due taxes as well, will have no effect, it won`t mean many many properties going on the market in places where the jobs are?
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