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jamiemartin721 ![]() |
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Originally posted by Hrolf The Ganger
You keep trotting that out but people own those homes. They are entitled to do what they want with them. Well to an extent I would agree, however there is a question as to which is more important, their private ownership of a property, or the crisis of housing in the UK. I would argue there is a reasonable compromise to be made here - I don't think, you could just 'take those properties into public ownership', but when we have a situation where accommodation is bordering on the unaffordable even for rental properties ten years ago no one wanted to live in - its a problem.
"One Nation Under God, has turned into One Nation Under the Influence of One Drug" |
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zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz yawn
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Originally posted by CambridgeEagle
Rent is a gain derived from owning the asset. And you'd pay income tax on it. There's no rent if you're living in it, or simply not renting it out either.
Optimistic as ever |
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Looking through the budget in some detail, it's striking that nothing has been done to correct the inequalities between generations. Nothing in there whatsoever that makes the baby boomer generation pay a even a tiny bit more to improve the lot of younger generations battling through a living standards regression, cuts in services and a broken housing market. A bad budget for London as well, with cuts to policing, no funding for anti-terrorism, SDLT cuts a gimmick that will only make property even more unaffordable, an inadequate response to clean air requirements and no diesel scrappage scheme. A poor budget that just prolongs the pain of austerity for millions up and down the country, with more additional funds being made available for a no-deal brexit than for the NHS. A nothing budget, from a nothing government, simply looking to shuffle along zombie-like and dragging us along through the mud with them.
Edited by CambridgeEagle (22 Nov 2017 5.14pm)
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Originally posted by Stuk
And you'd pay income tax on it. There's no rent if you're living in it, or simply not renting it out either.
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Originally posted by CambridgeEagle
Fair do. I don't agree with a land value tax though. The way it is now is fine, but I'd get rid of stamp duty altogether.
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Originally posted by CambridgeEagle
If history started in 2010 I would agree with you. Partisan nonsense. This is a deep seated problem that has been around for years.
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Originally posted by Stuk
Fair do. I don't agree with a land value tax though. The way it is now is fine, but I'd get rid of stamp duty altogether.
I agree with abolishing stamp duty. Edited by CambridgeEagle (22 Nov 2017 5.20pm)
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Originally posted by jamiemartin721
Well to an extent I would agree, however there is a question as to which is more important, their private ownership of a property, or the crisis of housing in the UK. I would argue there is a reasonable compromise to be made here - I don't think, you could just 'take those properties into public ownership', but when we have a situation where accommodation is bordering on the unaffordable even for rental properties ten years ago no one wanted to live in - its a problem. What is the situation with empty properties generally? Are they left empty to rot because no one has claimed them after someone's death?
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Originally posted by Hrolf The Ganger
Partisan nonsense. This is a deep seated problem that has been around for years.
Clear trend pre-GFC of c.2% per annum growth. Clear post Tory trend of stagnation. Also clear gap between us and other developed economies. The French make in 4 days what we manage in 5.
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Originally posted by CambridgeEagle
I agree with abolishing stamp duty. Edited by CambridgeEagle (22 Nov 2017 5.20pm) No thanks. He is a failed Labour politician who is not in government. This budget is good for business because business says so.
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Originally posted by CambridgeEagle
Clear trend pre-GFC of c.2% per annum growth. Clear post Tory trend of stagnation. Also clear gap between us and other developed economies. The French make in 4 days what we manage in 5. You actually believe that this would improve under red Jeremy's Labour? Ha ha ha.
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