Old Conservatives don't understand

motorbiking said:
No I'm absolutely not, I have demonstrated that a council can make more homes available and more money by building and encouraging right to buy rather than holding on to aging stock which costs a lot to maintain.
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No

you are being dishonest.
 
motorbiking said:
You have 5 apples, you give 3 away.

There are still 5 apples.
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No there are 3 apples and 2 bananas. Apples are cheap and made affordable for people. Bananas are not affordable for those same people so you now have an increasing number of people chasing fewer and fewer apples.
 
So to sum up.. after 67 pages.

- The government is making funds available to build new homes - some £11bn
- homes sold under right to buy do not disappear.
- you cannot get 70% discount on a £499k council home
- You cannot force a council to sell you a home for less than it cost to build and maintain
- House builders don't make a huge part of their profit on rising values between start and finish (its 1.5% tops)
- House builders make a killing on new builds, but council employees can't figure out how.
- Rental Yield does not increase because a property has fallen in value. [Its (rental income - operating costs)] / [(the price you paid + acquisition costs)]
- Private landlords don't get subsidies to buy houses for the private rental market
- Housing associations are public bodies
- The original post is shot to bits
 
motorbiking said:
So to sum up.. after 67 pages.

- The government is making funds available to build new homes - some £11bn
- homes sold under right to buy do not disappear.
- you cannot get 70% discount on a £499k council home
- You cannot force a council to sell you a home for less than it cost to build and maintain
- House builders don't make a huge part of their profit on rising values between start and finish (its 1.5% tops)
- House builders make a killing on new builds, but council employees can't figure out how.
- Rental Yield does not increase because a property has fallen in value. [Its (rental income - operating costs)] / [(the price you paid + acquisition costs)]
- Private landlords don't get subsidies to buy houses for the private rental market
- Housing associations are public bodies
- The original post is shot to bits
Click to expand...
To sum up

You have been dishonest virtually all the way through.

Do you still want to tell us that it is expensive, and is time consuming to rent out an asset that doesnt increase in value ?
 
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