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Debate House Prices


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Stamp duty cut

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Comments

  • 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?

    No he's retired aged 34. Or is that semi retired? Or is he training to be a software developer? Depends which day you catch him on, and which life he's living out on the internet at that particular time.
  • System
    System Posts: 178,364 Community Admin
    10,000 Posts Photogenic Name Dropper
    10 years and thirty thousand posts :(

    30000 reminders of your mistake.

    Brutal.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • nubbins
    nubbins Posts: 725 Forumite
    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!

    He really is a hypocrite, he sold up in 2007 and has been angry ever since
  • If I get divorced and give the existing property to my wife, in return for payment, do I then become a first time buyer and benefit from the recently introduced changes?
  • PCB-60 wrote: »
    If I get divorced and give the existing property to my wife, in return for payment, do I then become a first time buyer and benefit from the recently introduced changes?

    Wrong place, but no, you have previously been a buyer so you're ineligible.
  • I believe crashy’s recently invested in a few bitcoins.;)
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    Fella wrote: »
    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.

    Your logic is equally false. Just because "Brown increased SD and got higher house prices" doesn't mean that "lower SD will not cause higher house prices"

    The relationship doesn't have to work the same way in each direction.
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    ViolaLass wrote: »
    Your logic is equally false. Just because "Brown increased SD and got higher house prices" doesn't mean that "lower SD will not cause higher house prices"

    The relationship doesn't have to work the same way in each direction.

    Of course it would have to work that way.
  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    edited 3 December 2017 at 8:13PM
    Fella wrote: »
    Of course it would have to work that way.

    Stamp duty is not the sole factor affecting house prices so your case gives insufficient evidence to assume a directly causal linear (or similar) relationship.

    In other words, it's not that simple. It rarely is.
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