Double Council Tax!!

freesha

It IS a home, who are you to say it's too small for a local to live in? I bet at least one local would be delighted to own a small cottage. Pay what you owe. Also you say you're not pension age but not working - why? Unless some massive drip-fee about being medically unable to?

ReadySteadyPop

freesha said:

It IS a home, who are you to say it's too small for a local to live in? I bet at least one local would be delighted to own a small cottage. Pay what you owe. Also you say you're not pension age but not working - why? Unless some massive drip-fee about being medically unable to?

The problem is though that if you discourage people who may have a bit of cash to spend in your community from having a holiday place in your community they won`t come and spend money anymore, will the local who buys a cottage spend as much as someone from London flush with cash?

ReadySteadyPop

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

lincroft1710

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

ReadySteadyPop

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

lincroft1710

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

I see we are back on our hobby horse about house prices!


The government took away a useful councils' income stream by firstly making councils pay income from Non Domestic Rates to central government for them to redistribute as they thought fit and then exempting loads of business properties from actually paying rates.


Since the 1960s I have been monitoring house prices and apart from a couple of glitches, they have risen alarmingly and show no sign of this trend being reversed. In 1976 I bought a house sold it less than 3 years later for 50% more than I paid for it, having only done some decorating. The only time house prices tend to fall is when mortgage rates become extortionate

ReadySteadyPop

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

I see we are back on our high horse about house prices!


The government took away a useful councils' income stream by firstly making councils pay income from Non Domestic Rates to central government for them to redistribute as they thought fit and then exempting loads of business properties from actually paying rates.


Since the 1960s I have been monitoring house prices and apart from a couple of glitches, they have risen alarmingly and show no sign of this trend being reversed. In 1976 I bought a house sold it less than 3 years later for 50% more than I paid for it, having only done some decorating. The only time house prices tend to fall is when mortgage rates become extortionate

Sales volumes are the thing to watch, I find Plumplot good for that, when you bought that house wages were keeping pace with very high inflation due to a heavily unionised more or less debt free (except the mortgage which would inflate away relatively quickly) workforce, there is no comparison to to today`s heavily indebted job insecure workforce, which takes me back to the original point about the problem not being people with small cottage bolt-holes but too much cheap debt for too long! Councils gouging people who have managed to afford a second property isn`t going to solve anything.

https://www.standard.co.uk/homesandproperty/property-news/property-market-slows-rics-b1216380.html

lincroft1710

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

I see we are back on our high horse about house prices!


The government took away a useful councils' income stream by firstly making councils pay income from Non Domestic Rates to central government for them to redistribute as they thought fit and then exempting loads of business properties from actually paying rates.


Since the 1960s I have been monitoring house prices and apart from a couple of glitches, they have risen alarmingly and show no sign of this trend being reversed. In 1976 I bought a house sold it less than 3 years later for 50% more than I paid for it, having only done some decorating. The only time house prices tend to fall is when mortgage rates become extortionate

Councils gouging people who have managed to afford a second property isn`t going to solve anything.

I don't recall anyone saying it would, but income is income especially if you're a cash strapped council!

ReadySteadyPop

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

I see we are back on our high horse about house prices!


The government took away a useful councils' income stream by firstly making councils pay income from Non Domestic Rates to central government for them to redistribute as they thought fit and then exempting loads of business properties from actually paying rates.


Since the 1960s I have been monitoring house prices and apart from a couple of glitches, they have risen alarmingly and show no sign of this trend being reversed. In 1976 I bought a house sold it less than 3 years later for 50% more than I paid for it, having only done some decorating. The only time house prices tend to fall is when mortgage rates become extortionate

Councils gouging people who have managed to afford a second property isn`t going to solve anything.

I don't recall anyone saying it would, but income is income especially if you're a cash strapped council!

Fair point, I just don`t agree with an across the board council tax purge, people who only spend a few months/weeks in an area/property should be getting a discount not paying double! How is that fair, you are not using council resources in the local area when you are in another part of the country? Where double council tax probably does work is in encouraging professional landlords to keep their property fully occupied, even if that means dropping the rent.

lincroft1710

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

lincroft1710 said:

ReadySteadyPop said:

The irony of "double council tax" is that loads of councils made massive losses on commercial property bets, now they are gouging more prudent people who can afford a second home to pay for their mistakes!

Councils don't like "second homes" because it is a property lost from the housing stock. It is central government who decreed councils could charge double CT. CT is governed by a wealth of Parliamentary legislation 

Housing stock isn`t the problem, the problem is the cost of housing has been driven up too high by too much cheap debt (this situation seems to be quickly changing thankfully) Government are telling councils to raise cash any way they can to avoid having to bail out councils who mismanaged their spending and investment, "second home owners" are just an easy target at the moment, price gouging people who own a cottage on the coast isn`t going to fix the UK`s  problems unfortunately.

I see we are back on our high horse about house prices!


The government took away a useful councils' income stream by firstly making councils pay income from Non Domestic Rates to central government for them to redistribute as they thought fit and then exempting loads of business properties from actually paying rates.


Since the 1960s I have been monitoring house prices and apart from a couple of glitches, they have risen alarmingly and show no sign of this trend being reversed. In 1976 I bought a house sold it less than 3 years later for 50% more than I paid for it, having only done some decorating. The only time house prices tend to fall is when mortgage rates become extortionate

Councils gouging people who have managed to afford a second property isn`t going to solve anything.

I don't recall anyone saying it would, but income is income especially if you're a cash strapped council!

Fair point, I just don`t agree with an across the board council tax purge, people who only spend a few months/weeks in an area/property should be getting a discount not paying double! How is that fair, you are not using council resources in the local area when you are in another part of the country? Where double council tax probably does work is in encouraging professional landlords to keep their property fully occupied, even if that means dropping the rent.

The government (again!) appears to disagree with you.


Is it "fair" when there is a housing shortage that people have 2 properties?