Should billionaires and multinationals pay fair tax?

[Notch7]

It is false to say that every renter is "trapped" or "forced" for some it is a lifestyle choice. And the attack on private landlords needs to stop - they provide a vital roll in supplying decent safe homes. The Marxists on here do not want private landlords but if they are all forced to see up you are likely to see housing associations jump in and take over - who have a very bad reputation in looking after their houses, Rochdale Boroughwide Housing anyone ?

Loads of logical fallacies in that lot

1) just because some people choose to rent, does mean there are not people trapped in rent.

2) nobody is attacking private landlords. It is just a simple fact that home ownership is not possible for increasing numbers of people due to house prices.

The result is houses are increasingly being owned by the wealthy thus increasing the % of assets owned by that group

3) please give up with the silly binary argument that anybody pointing out this country has a serious level of wealth inequality must be a “Marxist” Come on Aveatry you aren’t that silly

4) I want councils to own houses not privately owned housing associations

 

[Notch7]

Let’s look at this car. Is its depreciation rate related to its cost of ownership? For many it’s hugely important.

Do you understand why? Hopefully you do.

Houses don’t depreciate

The sale price of new build houses is directly linked to the used market whose prices are totally based on supply and demand.

 

[Andydevon]

Houses don’t depreciate

Except when there is negative equity of course

 

[JohnD]

that's not what "depreciation" is.

 

[Andydevon]

Don't be daft. When an asset falls in value it depreciates. I know you struggle with basic economics being a Marxist but really it is that simple.

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[diy_fun_uk]

Why is it.

Try and explain to yourself, and then to the rest of us

Tis a futile exercise on here with some of you, so ingrained are the lefty socialist stances that no amount of logic and fact will work its way through.

 

[JohnD]

Don't be daft. When an asset falls in value it depreciates. I know you struggle with basic economics being a Marxist but really it is that simple.

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oh, you're a Marxist, you say.

If you know something about Economics, you will have noticed Motorbiking's schoolgirl error.

Depreciation is a technical term with a particular meaning.

Obviously you don't know that.

 

[Notch7]

Don't be daft. When an asset falls in value it depreciates. I know you struggle with basic economics being a Marxist but really it is that simple.

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Market fluctuation is not depreciation

 

[Notch7]

Tis a futile exercise on here with some of you, so ingrained are the lefty socialist stances that no amount of logic and fact will work its way through.

What do you mean by “stance”

It’s just a fact houses don’t depreciate like cars

 

[Notch7]

**** me John your stupidity knows no bounds. Well done.

The only stupid people here are those trying to argue houses depreciate like cars.

 

[Notch7]

For those really hard of thinking:

CARS

1) A new car once sold loses a substantial amount of value because once registered it’s no longer new.
cars have a limited lifespan as they wear out

Cars therefore depreciate, that’s what the term means

2) Houses don’t depreciate because they don’t wear out and they don’t lose value

The value of a house is based on the market

If a house drops value because the market drops, it is not suffering depreciation…..and the reason is because if the market increases the house value goes back up

A depreciating asset doesn’t increase in value.


Good grief this is basic stuff

 

[carmanmemoranda]

Tis a futile exercise on here with some of you, so ingrained are the lefty socialist stances that no amount of logic and fact will work its way through.

Waffle. Pure waffle

 

[Notch7]

.

Fluctuate means down or up

Depreciation only means down

 

[carmanmemoranda]

Fluctuate means down or up

Depreciation only means down

Basic stuff.

And yes, house prices fluctuate.

Long term they rise

 

[Justin Passing]

wealthier people have got considerably wealthier under the Conservatives

poor people have got poorer under the Conservatives

I don't think you can blame the tories - it's the same story in many/most countries. YOu can get richer by using modern tools/methods, which richer people can afford, and there's more of them.