Paying council tax on a empty second property on the market

AdrianC

Crashy_Time wrote: »

Council tax should be reduced on empty properties, not increased.

Are you feeling OK? You're really not your usual self today.

I thought you wanted the property market to fall over and prices collapse. Encouraging hoarding of empty properties would do the exact opposite...

Oh, wait. Hold on... Occam's Razor applies, of course.
You've just not thought this through for even a second.

Crashy_Time

AdrianC wrote: »

Are you feeling OK? You're really not your usual self today.

I thought you wanted the property market to fall over and prices collapse. Encouraging hoarding of empty properties would do the exact opposite...

Oh, wait. Hold on... Occam's Razor applies, of course.
You've just not thought this through for even a second.

No, maybe you need to think it over a bit more?

AdrianC

Crashy_Time wrote: »

No, maybe you need to think it over a bit more?

Well, I'm open to your explanation.
<waits>

Oh, and would local authorities becoming bankrupt be a good thing? If so, why?

Crashy_Time

AdrianC wrote: »

Well, I'm open to your explanation.
<waits>

Oh, and would local authorities becoming bankrupt be a good thing? If so, why?

Nobody said it would be a good thing did they?

AdrianC

Crashy_Time wrote: »

Nobody said it would be a good thing did they?

So when you said that CT should not be charged on empty properties - and immediately afterwards said that lower CT income would increase the chances of councils going bankrupt - you were arguing against yourself?

Thank you for confirming my suspicion.

Crashy_Time

AdrianC wrote: »

So when you said that CT should not be charged on empty properties - and immediately afterwards said that lower CT income would increase the chances of councils going bankrupt - you were arguing against yourself?

Thank you for confirming my suspicion.

I said if no one paid their council tax, not lower CT income, they already lose a % to non-payment anyway (but obviously don`t publicise this)
My question to you was - Who said this was a good thing?

BTW I did not say empty properties should attract no CT, I said they should pay reduced CT. When trying to make logical deductions you have to get the basic facts right, or else the argument just collapses in on itself.

AdrianC

Crashy_Time wrote: »

I said if no one paid their council tax, not lower CT income, they already lose a % to non-payment anyway (but obviously don`t publicise this)
My question to you was - Who said this was a good thing?

BTW I did not say empty properties should attract no CT, I said they should pay reduced CT. When trying to make logical deductions you have to get the basic facts right, or else the argument just collapses in on itself.

Comprehension really isn't your strong point, is it?

Crashy_Time

AdrianC wrote: »

Are you feeling OK? You're really not your usual self today.

I thought you wanted the property market to fall over and prices collapse. Encouraging hoarding of empty properties would do the exact opposite...

Oh, wait. Hold on... Occam's Razor applies, of course.
You've just not thought this through for even a second.

Owning two properties is not "hoarding" property. Record low interest rates/HTB/SO are encouraging people to cling on to property in the hope that they can still get bubble prices, CT grabs by councils are not going to change this, they are a financial sting but not enough to collapse the housing market. The amount of even the increased CT is a drop in the bucket compared to what most people need to reduce their price by to sell (The PTB know that this is how human psychology works) so they will cling on, pay the CT and maybe get a tenant/lodger (more tax!)

People were lured into multiple residential/BTL property debts on the way up so that the bankers could flood the world with debt, and make massive bonus, and politicians could hide years of no wage increases under the banner of "WOO HOO HPI FOREVER!". It worked for a while, until it didn`t (political fallout has started) Now as the bubble bursts they are going to milk tax from landlords, "accidental" landlords, second property owners, property sellers and buyers under the guise of fixing the housing "Crisis" (which is a crisis caused by the supply of cheap credit to the property market by banks, not a lack of houses) High house prices do not benefit ordinary people at all, it is just another burden on top of the CT and other taxes.

Crashy_Time

AdrianC wrote: »

Comprehension really isn't your strong point, is it?

I know the difference between Reduced and Zero, and between Fall in Revenue and No Revenue, so that at least seems to put me well ahead of the general comprehension level needed for this thread.

G_M

Can you two take this debate offline, or onto the debate board ?
( oh and please don't respond to this post as well!)