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New taxes on BTLs - hill of beans?

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Comments

  • economic
    economic Posts: 3,002 Forumite
    kinger101 wrote: »
    You're reading too much into it. Before the last crash, I'd say UK banks probably relaxed their lending criteria, thinking the risk of bad debt was mitigated by the chance property prices would continue to rise. I'd say Brown saw lots of stamp duty coming in, and decided against intervention in the free market. And of course, people treating their houses as collateral for consumer spending helped the treasury too. It was more accident than design.

    Of course, you create your own narrative to explain why you're still in some damp bedsit at the age of 45.

    is he 45?? wow. i thought he was like 30-35. Crashy - do you have family?

    Crashy - to be 45 and not own a home for the reasons you constantly mention on this forum is just crazy. i understand if there were other reasons like prefer renting, didnt have the money, wanted freedom to move etc. but being constantly afraid of the so called bubble is just sad, pathetic and frankly i wouldnt be surprised if you had soem mental issues. im not even joking around i just find it hard to believe.
  • kinger101
    kinger101 Posts: 6,627 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    economic wrote: »
    is he 45?? wow. i thought he was like 30-35. Crashy - do you have family?

    Crashy - to be 45 and not own a home for the reasons you constantly mention on this forum is just crazy. i understand if there were other reasons like prefer renting, didnt have the money, wanted freedom to move etc. but being constantly afraid of the so called bubble is just sad, pathetic and frankly i wouldnt be surprised if you had soem mental issues. im not even joking around i just find it hard to believe.

    I've no idea. Thought I'd just make stuff up like Crashy does.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • booksurr
    booksurr Posts: 3,700 Forumite
    kinger101 wrote: »
    I've no idea. Thought I'd just make stuff up like Crashy does.
    he does not make it up, in his own mind he thinks it is true
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    economic wrote: »
    is he 45?? wow. i thought he was like 30-35. Crashy - do you have family?

    Crashy - to be 45 and not own a home for the reasons you constantly mention on this forum is just crazy. i understand if there were other reasons like prefer renting, didnt have the money, wanted freedom to move etc. but being constantly afraid of the so called bubble is just sad, pathetic and frankly i wouldnt be surprised if you had soem mental issues. im not even joking around i just find it hard to believe.


    You were asking me how much I had in the bank last week, are you sure you are on the right forum ;)
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