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Debate House Prices
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Stamp duty cut
Comments
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It won't increase house prices, the suggestion is a desperate attempt by the Corbynistas to rubbish the policy.
Brown massively increased stamp duty & house prices skyrocketed whilst he did so. They should have fallen according to the false logic being peddled on here.
Many people, including estate agents have said there won't now be that price level to try and target when selling a house. i.e. you may aswell market it at 160k as apposed to marketing it for 150k.
As for stamp duty increasing....that was alongside a time of a free for all in mortgages. The readiness of banks to lend to you regardless outweighed a slight increase in stamp duty.
It also appears that the large builders suggested this was a good idea as part of the housing policy group. So it will clearly help their margins.0 -
westernpromise wrote: »Crashtrolls are angry about this because it removes one of their excuses for not buying. They regarded low interest rates as a trap, HTB as a trap, and this too. If prices fell 50% Crashy would regard that as a trap too because they might fall another 50%.
The only time you can buy property is now, not in the past. Crashtrolls should just get on and do it.
How many posts have you really made since 2003? I would say 140,000, at least........:j And most of them would require the scroll function pretty early in the reading
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Mortgagefreeman wrote: »I see the CountOfNowhere’s leaving the Country for about the fifteenth time in the last ten years. :rotfl:
http://www.housepricecrash.co.uk/forum/index.php?/topic/231682-they-just-wont-stop/
Wow! He really is in denial isn't he? He makes it clear on that thread that the HPC forum isn't about balanced debate, it is about supporting/willing/wishing for a crash, so very biased. People like Crashy come on here and go on about how some of us are obsessed with HPI, but I don't think that is true, if anything Crashy is the one obsessed with HPI. If he said that I had been obsessed with profitability (rather than capital gains), then he might have had a point in the past (profit as in income, not capital gains), but recently I have started the slow process of moving into more defensive investments, rather than looking to maximise income.
He (the Count) calls posters trolls simply because they claim that they have bought in recent years, I don't really know his story, but he comes across as someone who has completely lost it. He even states that pensions are worthless, which I find really bizarre, a pension is simply a tax free wrapper, why is it better to pay the full tax on investments outside of pensions (does he feel the same way about ISA’s)? I would love to hear an explanation of why pensions are worthless.
He also cites massive immigration as an issue, whilst claiming that he wants to move to France!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 stop0 -
You can build as many dwellings as you like but unless someone buys them it doesn't help increase the supply of places for people to live.
What people forget is that in the last down turn. 300,000 jobs were lost in the sector. Building houses isn't a tap that can be turned on and off at will. Recovery is a long slow process.0 -
Crashy_Time wrote: »How many posts have you really made since 2003? I would say 140,000, at least........:j And most of them would require the scroll function pretty early in the reading
Serendipitously, Crashy, there's another thread all about you nearby:
https://forums.moneysavingexpert.com/discussion/5750113
:rotfl::rotfl::rotfl::rotfl::rotfl:
Now get on and clean those house toilets, your week for doing it's not over yet.0 -
Crashy_Time wrote: »How many posts have you really made since 2003? I would say 140,000, at least........:j And most of them would require the scroll function pretty early in the reading
140,000 at least..... Thats about how much equity you could have been sitting on had you not spunked all your money on rent.0 -
Jack_Johnson_the_acorn wrote: »140,000 at least..... Thats about how much equity you could have been sitting on had you not spunked all your money on rent.
you just added another one to the search results
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Jack_Johnson_the_acorn wrote: »Is that you or your dad posting?
Hahaha I’m having so much fun with you. You are easy to wind up.0 -
I suppose you've got nothing else to do being unskilled and unemployed.
You are an out of work banker right? Is that your story?0
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