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March 19 2019 7.01pm

Right to rent

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View Tom-the-eagle's Profile Tom-the-eagle Flag Croydon 03 Mar 19 4.18pm Send a Private Message to Tom-the-eagle Add Tom-the-eagle as a friend

Originally posted by Hrolf The Ganger

Surely all profit is at someone's expense.

Earlier I suggested that landlords were greedy. That might have been unfair on some.

Is it not reasonable to invest in property if it pays better than the the interest rate?
And would it then not be a reasonable option to rent that property out if you could be bothered with the hassle?


Fair play Hrolf.

 


"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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View Pussay Patrol's Profile Pussay Patrol Flag 03 Mar 19 4.32pm Send a Private Message to Pussay Patrol Add Pussay Patrol as a friend

Originally posted by Tom-the-eagle


Expand on this? what exactly should trickle down and how?

This is just a throwaway comment without meaning.

The idea that the wealthiest at the top create wealth for those lower down the chain.

There is not enough regulation to ensure better redistribution of wealth

If you look at the housing market for example, people at the bottom forced into paying high rents and property owners taking advantage of the situation so the wealth is being sucked upwards. More government regulation and taxation is needed to redress that imbalance

 


Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah

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View Tom-the-eagle's Profile Tom-the-eagle Flag Croydon 03 Mar 19 5.00pm Send a Private Message to Tom-the-eagle Add Tom-the-eagle as a friend

Originally posted by Pussay Patrol

The idea that the wealthiest at the top create wealth for those lower down the chain.

There is not enough regulation to ensure better redistribution of wealth

If you look at the housing market for example, people at the bottom forced into paying high rents and property owners taking advantage of the situation so the wealth is being sucked upwards. More government regulation and taxation is needed to redress that imbalance

If someone has worked their ass off for years, been frugal with their spending and disciplined with their saving, and have saved enough to put down a deposit on a buy-to-let property which brings them a couple of hundred pounds a month after taxes, then why should they then have to redistribute this money back down to someone else?

Success rewards those who work hard and invest.

 


"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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View dannyboy1978's Profile dannyboy1978 Flag 03 Mar 19 5.07pm Send a Private Message to dannyboy1978 Add dannyboy1978 as a friend

Originally posted by Pussay Patrol

The idea that the wealthiest at the top create wealth for those lower down the chain.

There is not enough regulation to ensure better redistribution of wealth

If you look at the housing market for example, people at the bottom forced into paying high rents and property owners taking advantage of the situation so the wealth is being sucked upwards. More government regulation and taxation is needed to redress that imbalance

The imbalance is to many people not enough houses. Its Governments fault not land lords.
Your just The typical left who hate success and people who do well. Have you heard of the
Phrase it's only worth what somone is willing to pay?

Edited by dannyboy1978 (03 Mar 2019 5.13pm)

 

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View cryrst's Profile cryrst Flag Chatham 03 Mar 19 5.23pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Pussay Patrol

Logical thought process

house prices are out of control and unaffordable for a person on average earnings.

People shouldn't make money from property, if they want to invest in a property which they pass down to their kids fine, but not to increase their wealth. If someone's making money another person is suffering so you have to redress the balance.

Tax earnings on 2nd properties and use that to fund help to buy schemes

What if the kids don’t want to live there or already have a property then?
I suppose the state has it and invests in .........
I can guess under Labour

 

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View cryrst's Profile cryrst Flag Chatham 03 Mar 19 5.31pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by Pussay Patrol

so because you don't have a pension you are using the property market or more to the point other people's income's at the bottom of the ladder to subsidise that? and what sustains the strength in the value of your property empire is the fact those people can't afford to buy them?

I don't believe in a have and have not system where the haves make money out of the have nots. I would mkae the haves give back so it's more balanced

I also don't think because a young family cannot afford a new house and get turned down for a mortgage and are at the mercy of the high rental market is envy

Edited by Pussay Patrol (03 Mar 2019 11.58am)

Wealth envy again.
What about the 2 billion benefit fraud being clawed back and given to the have nots
How about the fact that my tax pounds go to a pension for someone who does f*** all through life but take.
Many many people start life in the same place.
Some get rich
Some don’t
Some forever feel that they ‘deserve’ just because.
I’ve been at the bottom when repossessed so I know what it’s like.
But hey I got off my butt and now 8 years from owning my home.
You can come to try to take it to distribute the profits but It will get messy.

 

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View Hrolf The Ganger's Profile Hrolf The Ganger Flag 03 Mar 19 5.31pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by Pussay Patrol

Too much trickle up when there should be more trickle down

I agree that the trickle down could trickle some more but there has never been a more successful system.

We have a welfare state and the vast majority of people are doing ok.
We should all be doing better but when you consider how it has been in the past, things aren't too bad.

Enjoy your luck. In 200 years or so, this planet will have so many people on it that it will make today seem like paradise.

 

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View Pussay Patrol's Profile Pussay Patrol Flag 03 Mar 19 6.06pm Send a Private Message to Pussay Patrol Add Pussay Patrol as a friend

Originally posted by Tom-the-eagle

If someone has worked their ass off for years, been frugal with their spending and disciplined with their saving, and have saved enough to put down a deposit on a buy-to-let property which brings them a couple of hundred pounds a month after taxes, then why should they then have to redistribute this money back down to someone else?

Success rewards those who work hard and invest.

but Property shouldn't be investment vehicles, how people earned their money is neither here nor there

 


Paua oouaarancì Irà chiyeah Ishé galé ma ba oo ah

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View dannyboy1978's Profile dannyboy1978 Flag 03 Mar 19 6.13pm Send a Private Message to dannyboy1978 Add dannyboy1978 as a friend

Originally posted by Pussay Patrol

but Property shouldn't be investment vehicles, how people earned their money is neither here nor there

Us brits are only doing what Europeans are doing, you know, that lot you love and do everything so well.

[Link]

 

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View YT's Profile YT Flag Oxford 03 Mar 19 6.16pm Send a Private Message to YT Add YT as a friend

Originally posted by Pussay Patrol

but Property shouldn't be investment vehicles, how people earned their money is neither here nor there

Eh? Property is a massive global investment vehicle. Owned by pension funds, insurance companies...even trade unions!

 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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View steeleye20's Profile steeleye20 Online Flag Croydon 03 Mar 19 6.23pm Send a Private Message to steeleye20 Add steeleye20 as a friend

Originally posted by YT

Eh? Property is a massive global investment vehicle. Owned by pension funds, insurance companies...even trade unions!

Well, with that lot, you're making Pussay's point very well !!!!!!!!!!

 

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View YT's Profile YT Flag Oxford 03 Mar 19 6.40pm Send a Private Message to YT Add YT as a friend

Originally posted by steeleye20

Well, with that lot, you're making Pussay's point very well !!!!!!!!!!

Why?

I work for a pension fund that is tasked with paying a retirement income to 118,000 current and former employees of a key industry and their dependants. Many of the employees are or were trade union members, 'ordinary workers' and most likely Labour voters. What do YOU suggest that the pension fund should invest in, without the diversification that property offers? Try to answer without being flippant, if you are capable of doing so.

 


Palace since 19 August 1972. Palace 1 (Tony Taylor) Liverpool 1 (Emlyn Hughes)

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