Should billionaires and multinationals pay fair tax?

Let me help…with the apparent objective.

We advocate the building of thousands...millions of homes so that the bottom falls out of the market

Again who will buy a house that is going to be worth less?
How will they obtain a mortgage on this depreciating asset ?

And who is going to invest money to buy land and build this house that people are afraid to buy ?
 
motorbiking said:
I think your view of the nordics is a little dated.

In Sweden for example you will find anti immigration is high on the agenda.
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I didnt realise immigration was the only thing that decided where a country sits on the overton window
 
Notch7 said:
I support capitalism because it is the only model that works

every Western country is pretty much a capitalist country, based on private enterprise, the difference is that some countries have more state control for fairer wealth distribution and safety net for the poor, whereas some countries do not (UK and USA)


I like the Scandinavian model of capitalism

Marxism, socialist, communism are great ideas but nobody has found a way to organise society that way

By the way Aveatry, life is a bit more nuanced than "if you criticise the Conservatives you must be a Marxist"

maybe you should try debating with more nuance
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A non denial - noted, I will leave it there and not pursue it again.
 
motorbiking said:
Let me help…with the apparent objective.

We advocate the building of thousands...millions of homes so that the bottom falls out of the market

Again who will buy a house that is going to be worth less?
How will they obtain a mortgage on this depreciating asset ?

And who is going to invest money to buy land and build this house that people are afraid to buy ?
Click to expand...
False argument again.

Bottom falling out the market doesn't mean worthless to all. It means its worth less to investors.

Lots of people will buy if they can get a mortgage/afford
 
motorbiking said:
Again who will build and buy these homes that will reduce in value
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So using your logic houses couldnt have been built in the 1970s when houses were more affordable




Income to house price ratio more than doubles since the 70s​

Even when adjusting for inflation, today’s homebuyers have by far the toughest financial task when it comes to housing affordability.
 
carmanmemoranda said:
False argument again.

Bottom falling out the market doesn't mean worthless to all. It means its worth less to investors.

Lots of people will buy if they can get a mortgage/afford
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You’d borrow money to knowingly put yourself in negative equity?

I can believe that. But most people aren’t as stupid
 
Notch7 said:
So using your logic houses couldnt have been built in the 1970s when houses were more affordable




Income to house price ratio more than doubles since the 70s​

Even when adjusting for inflation, today’s homebuyers have by far the toughest financial task when it comes to housing affordability.
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Did someone build millions of homes in the 70s to cause the bottom of the market to fall out.
 
carmanmemoranda said:
Who said that?

Oh the forum idiot.

Why do you make things up? Easier to argue against?
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Do you understand what is meant to cause the bottom to fall out?

Who is going to buy a house during this process?

Today your home is worth £300k you have £100k tomorrow it’s worth £200k. Do you think the bank will let you off the loan.
 
motorbiking said:
Do you understand what is meant to cause the bottom to fall out?

Who is going to buy a house during this process?

Today your home is worth £300k you have £100k tomorrow it’s worth £200k. Do you think the bank will let you off the loan.
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Who said it should fall overnight, or for ever.

Only you.

Houses still sold during the last time prices fell substantially. Everybody knows they will keep up with inflation at least. And people still need to live somewhere. Mortgages were still available.

Prices can go up and down you understand? You do understand?
 
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