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Not very many given the max discount is capped.
Multinational forced to pay some tax
- Thread starter JohnD
- Start date
How many were actually half price and how long had many of them been paying rent on them and already paid more in rent than the house was worth
So you are against some people having 'good luck? You'd better get rid of that last premium bond you’re holding lest you have some 'good luck' yourself and find an odd mark on an internet forum despising you for it.
where did I say that?
You never want an actual debate, you just want the failed status quo in this country to be maintained.
homeowners want stability, is a long term fixed rate mortgage such a bad thing?
”All of which has increased calls for longer-term fixes, such as the 10 to 15-year fixes widely available in Germany, France, the Netherlands and Switzerland; or the 30-year fixes that have become standard in the US. But the willingness to fix, even for two years at today’s higher rates, has abated as borrowers wait for rates to continue falling. In the meantime, many households may opt for (interest rate) ‘tracker’ mortgages.”
”To attenuate interest rate risks, lenders could issue bonds with terms more closely matching their fixed-term mortgages, which is essentially what is done in Germany (on the ‘Pfandbrief’ market) and Switzerland, where highly regulated central mortgage bond issuers serve the two main banking groups. In the US, the 30-year fixed-rate mortgages qualify for securitisation in a market organised by Government Sponsored Agencies (GSAs) that are implicitly government-backed. They underpin the resulting Mortgage-Backed Securities (MBSs), which allow the approved originators to pass on the interest rate and prepayment risks to investors buying the bonds. In addition, the Federal Housing Association (FHA) guarantees home loans to low- and moderate-income borrowers, who must pay a mortgage insurance premium to qualify.”
Really?
Linky
"Data from the English Housing Survey, released on Thursday, highlights the poor state of the country’s private rental sector, with 23% of private rentals failing to meet the decent homes standard in 2021-22. That compares with just 13% of owner-occupied homes, and 10% of social housing"
I see gas doesn't know.
But it was certainly a lucky minority.
Are you going to pretend they were not lucky?
Or that they were not a minority?
I admire gas making the plucky suggestion that private landlords should be forced to sell their stock to tenants below their value, by making a deduction related to rent paid.
Do you suppose you will be able to get a law through Parlisment?
You are suggesting that, aren't you? I gather you think that's the fair thing to do.
Michael Gove will threaten to take action against councils that miss deadlines to submit their housing plans...However, Gove will also confirm that the government is watering down housing targets, a move that industry sources said will have a dampening effect on building across the country.
Ministers are already struggling to hit their target of building 300,000 new homes a year, and experts warn that watering down the local targets will lead to new housebuilding dropping to its lowest point since the second world war.
Labour has seized on the issue, with Keir Starmer promising to make his party the “builders, not the blockers”, even if that means allowing development on green belt land.
Officials said they had already committed £42.5m to help tackle planning backlogs and speed up decision making. The extra money has not yet resulted in a development boom, however. Government figures published last month show that 234,400 additional dwellings were added to England’s housing stock in 2022-23 – almost exactly the same number as the previous year.
If you build it, they will come@theGuardian
Maybe the government can employ a few thousand migrants to whip up a prefab or two on all those empty green fields and kill two birds with one stone.
Ministers are already struggling to hit their target of building 300,000 new homes a year, and experts warn that watering down the local targets will lead to new housebuilding dropping to its lowest point since the second world war.
Labour has seized on the issue, with Keir Starmer promising to make his party the “builders, not the blockers”, even if that means allowing development on green belt land.
Officials said they had already committed £42.5m to help tackle planning backlogs and speed up decision making. The extra money has not yet resulted in a development boom, however. Government figures published last month show that 234,400 additional dwellings were added to England’s housing stock in 2022-23 – almost exactly the same number as the previous year.
If you build it, they will come@theGuardian
Maybe the government can employ a few thousand migrants to whip up a prefab or two on all those empty green fields and kill two birds with one stone.
Yes, really. Aerial shot of Ronan point with my house circled. Look at the debries and rubbish laying about. Only a very few of those houses on the main road had bathrooms. All had outside bogs and no heating. We shared a tin bath with next door and we only got to use it once a week. Dad first, then mum, then me, then my sis. That was council housing, private rented was far worse. Are you saying that still goes on, on a large scale nowdays?
Cue ellal with a shot of Grenfell tower…..
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The interesting thing about Thatcher's vote buying scheme was that the local councils (the owners of the homes ) were forced to sell them below market value. So although the lucky tenants got an unearned windfall, the rest of the community (ratepayers and local citizens) had the value of communally-owned property taken away from them.
And given to a lucky minority.
I've said it before, we're full of double standards as humans. I could reel off hundreds of examples. Ok I'm using a broad brush with the following (i.e. there will of course be exceptions who would hold true to their original belief) however here's just a few, some folk say ...
... it's disgusting how much premier league football players earn. Fast forward a decade, they have a child who's now a premier league player. I wonder if they'll be advising their child to give 90% of their wage away to charity, good causes etc?
... it's quite right that taxes such as capital gains and inheritance should be paid willingly. I wonder how many of those people would still think the same if they lived in a house they'd bought for £150k that was now valued at £750k and/or if they'd been careful with their money for years and had built up a decent investment pot for passing on to whoever.
... 'gold-plated' public sector pensions are a national disgrace! MMmmm, would they be saying that if they'd worked in the public sector for the last 20-30 years?
etc etc. It seems to me in many cases we moan about stuff, however if we and/or our nearest and dearest were in the position of benefitting from said thing, we'd do (or not do) exactly the same as other people!
Blame the process/system, not those who benefit from it. My mum bought her council house via right to buy or whatever it was called. Good luck to her I say.
But don't you realise that the system that is enabling you to make such a killing on your house is screwing over those you're leaving it to anyway?
That's (part of) the problem with our housing market.