The Bedroom Tax - The big lie

[hilts]

More social housing is the obvious answer but if i am being honest i wouldn't want it on my doorstep and neither would a lot of people.

I have lived in social housing on a council estate all my life and the people are better than snobbish nimbys like you

Yes my weekends in gorton, whitefiled and reddish were all tea parties and grouse hunting, and the fir tree fencing team was one of the best in the land

 

[denislawsbackheel]

So you support cleansing on terms of wealth?


A true proponent of Ghettoisation.

What will the posh people in Surrey think when Shanty towns grow up next to their big houses.

I'm not a proponent of anything. I'm just saying that we are all constrained in our choices by our incomes - why should benefits claimants be any different? Down here the cost of living is lunacy and frankly a con, but I actually think subsidising rentals with housing benefit in London enslaves the poor. If you cap housing benefit and the low income/benefits claimants have to move out who works in the shit minimum wage jobs - no one. That would actually force a proper rethink, because even in Kensington they need their cleaners, till operators ect. What would they have to pay to make people commute to fill these jobs or afford to live around there? - it might just empower them with a decent wage. Re-distribution of wealth Rascal, which I think you would like.

Simple answer. Reintrodue the rent caps Thatcher removed. Our tax subsidies private landlords most.

I'd also abolish all tax relief on buy to let mortgages. Make it a level playing field with first time buyers wanting a home.

 

[Anonymous]

An Englishman's home is his castle, as Mrs T would oft say. What a wonderful legacy she left us.

****.

 

[Balti]

I'm not a proponent of anything. I'm just saying that we are all constrained in our choices by our incomes - why should benefits claimants be any different? Down here the cost of living is lunacy and frankly a con, but I actually think subsidising rentals with housing benefit in London enslaves the poor. If you cap housing benefit and the low income/benefits claimants have to move out who works in the shit minimum wage jobs - no one. That would actually force a proper rethink, because even in Kensington they need their cleaners, till operators ect. What would they have to pay to make people commute to fill these jobs or afford to live around there? - it might just empower them with a decent wage. Re-distribution of wealth Rascal, which I think you would like.

Simple answer. Reintrodue the rent caps Thatcher removed. Our tax subsidies private landlords most.

I'd also abolish all tax relief on buy to let mortgages. Make it a level playing field with first time buyers wanting a home.

now we're getting there

i'd go much further and tax the Buy To Let brigade to the hilt

these leeches are inflating entry level house prices and buying at the expense of those who should be buying them and then renting to the intended audience instead to further line their greeeeedy bastard pockets

course the government is helping them now with their nice guarantee scheme

tax the greedy leeching bastards out of the market

 

[hilts]

Simple answer. Reintrodue the rent caps Thatcher removed. Our tax subsidies private landlords most.

I'd also abolish all tax relief on buy to let mortgages. Make it a level playing field with first time buyers wanting a home.

now we're getting there

i'd go much further and tax the Buy To Let brigade to the hilt

these leeches are inflating entry level house prices and buying at the expense of those who should be buying them and then renting to the intended audience instead to further line their greeeeedy bastard pockets

course the government is helping them now with their nice guarantee scheme

tax the greedy leeching bastards out of the market

What a load of crap, people invest their money to maximise their returns

 

[Balti]

I'd also abolish all tax relief on buy to let mortgages. Make it a level playing field with first time buyers wanting a home.

now we're getting there

i'd go much further and tax the Buy To Let brigade to the hilt

these leeches are inflating entry level house prices and buying at the expense of those who should be buying them and then renting to the intended audience instead to further line their greeeeedy bastard pockets

course the government is helping them now with their nice guarantee scheme

tax the greedy leeching bastards out of the market

What a load of crap, people invest their money to maximise their returns

What a load of shite

Fuck the young and let the rich exploit them then?

 

[hilts]

now we're getting there

i'd go much further and tax the Buy To Let brigade to the hilt

these leeches are inflating entry level house prices and buying at the expense of those who should be buying them and then renting to the intended audience instead to further line their greeeeedy bastard pockets

course the government is helping them now with their nice guarantee scheme

tax the greedy leeching bastards out of the market

What a load of crap, people invest their money to maximise their returns

What a load of shite

Fuck the young and let the rich exploit them then?

So in your world you would ban investment and profit? what would you do with redrow ban them selling homes at a profit?

 

[roaminblue]

now we're getting there

i'd go much further and tax the Buy To Let brigade to the hilt

these leeches are inflating entry level house prices and buying at the expense of those who should be buying them and then renting to the intended audience instead to further line their greeeeedy bastard pockets

course the government is helping them now with their nice guarantee scheme

tax the greedy leeching bastards out of the market

What a load of crap, people invest their money to maximise their returns

What a load of shite

Fuck the young and let the rich exploit them then?

I'm not sure what taxing landlords more would do, though.

It may mean some more properties on the market for sale, but would it be enough to bring down the inflated prices of properties enough so the young could buy?

We do, however, need to increase the supply. Increase supply, the price goes down. We need to incentivise development, wholesale.

 

[Balti]

What a load of crap, people invest their money to maximise their returns

What a load of shite

Fuck the young and let the rich exploit them then?

I'm not sure what taxing landlords more would do, though.

It may mean some more properties on the market for sale, but would it be enough to bring down the inflated prices of properties enough so the young could buy?

We do, however, need to increase the supply. Increase supply, the price goes down. We need to incentivise development, wholesale.

the properties that ''Buy To Letters'' buy are the very same properties that First Time Buyers would buy

and they are now even using the government guarantee and prices are on the up (but nowhere else cos there is no money anywhere else).

Anyone who owns more than one property ( i.e. they are only owning the property to earn an income from a tenant or they are so rich they can just deny ownership to someone else cos they can always outbid them) should be TAXED in fucking spades. They distort the market and and stop young kids buying their first place. They need to be viewed as homes again and not just sources of rental income for capital rich bastards.

 

[roaminblue]

What a load of shite

Fuck the young and let the rich exploit them then?

I'm not sure what taxing landlords more would do, though.

It may mean some more properties on the market for sale, but would it be enough to bring down the inflated prices of properties enough so the young could buy?

We do, however, need to increase the supply. Increase supply, the price goes down. We need to incentivise development, wholesale.

the properties that ''Buy To Letters'' buy are the very same properties that First Time Buyers would buy

and they are now even using the government guarantee and prices are on the up (but nowhere else cos there is no money anywhere else).

Anyone who owns more than one property ( i.e. they are only owning the property to earn an income from a tenant or they are so rich they can just deny ownership to someone else cos they can always outbid them) should be TAXED in fucking spades. They distort the market and and stop young kids buying their first place. They need to be viewed as homes again and not just sources of rental income for capital rich bastards.

No, I understand your point, but I'm asking would it have the effect you are suggesting. Housing supply is fairly rigid, development isn't as fast as other countries.

By taxing landlords, you're disincentivising them from buying to let, yes. But would that increase in supply enough to bring down the prices to an affordable level. Wouldnt the young still face a massive challenge to raise a deposit?

It's a genuine question, I don't know what proportion of houses are buy to let, or rented out.

I do know that about 35% of properties in the last year were bought for cash, so there are ways people can buy and let out without a buy to let mortgage.