The Labour Government

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Erm stamp duty is only paid on houses above £250,000. We were talking about them buying retirement properties under this threshold.
Who is? I'm saying stamp duty is an inhibitor against moving, which it is.

I can state that as a matter of fact, because at least one person - me - is put off moving because I cannot stomach the prospect of having to lob the thieving bastards even more thousands just for moving from one house to similar one somewhere else.

It's a stupid tax.
 
[
Who is? I'm saying stamp duty is an inhibitor against moving, which it is.

I can state that as a matter of fact, because at least one person - me - is put off moving because I cannot stomach the prospect of having to lob the thieving bastards even more thousands just for moving from one house to similar one somewhere else.

It's a stupid tax.

And you'd have to pay a similar amount to the buyer If it was gotten rid of as they'd just put the price up.
 
This does feel like an attack on older people, highly divisive rather than inclusive.

Maybe they should just not bother with the downsizing and move straight to the coffin, or maybe that uses too much wood. Probably best for them finish work and pop off to the crematorium.

Nobody asked for house prices to go through the roof or for wages to stagnate.

Well if they want to sit in a house worth an obscene amount and not enjoy the rest of their life using that wealth on better uses because they need to live in London then they're daft.
 
In the months leading to the General Election, Labour ran a tight but safe campaign, one light on radical policy and one lacking any bold vision, certainly compared to 1997. That was understandable, I suppose, because they had been through a rapid rebuild and didn't want to alienate voters. However, it also gave rise to the suspicion that they were keeping their powder dry and would unveil the bigger ideas once in power, with the first 100 days pivotal. Yet nothing genuinely big materialised, and instead all that's really been heard since is that things were economically worse than anticipated. Again, all understandable because that was what the Conservatives had done in 2010 and that message wormed its way into the public memory. The summer months have now passed but Starmer's Conference speech today hasn't revealed much more either; will the big ideas come with the first budget? Are there actually any?


Oh I dont know .... apart from the Winter Fuel Allowance (which should really have been left till next year) They seem to be doing alright...

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Oh I dont know .... apart from the Winter Fuel Allowance (which should really have been left till next year) They seem to be doing alright...

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Perhaps I didn’t make myself clear. I wasn’t suggesting they hadn’t done anything; they’ve clearly cancelled some existing policies, introduced others they said they would, and dealt with the events that governments face. I just haven’t heard a bigger vision articulated into the huge policies that one might have anticipated for a country with so many things ‘broken’. Maybe we’ll learn more at the Budget.
 
Well if they want to sit in a house worth an obscene amount and not enjoy the rest of their life using that wealth on better uses because they need to live in London then they're daft.
The money, more than likely will pay for their care, at 50-60k per year, rather than them being a burden on the state.

If we take the "old" element out of the discussion a young single person with a few quid living in a 2 bed house by your definition is taking up too much space and is not using their full capacity. Maybe they should only be allowed to purchase a two bedroomed house when they have a child in the way.

As an aside the number of bedrooms would be a poor measure of space usage. There are three bedroomed houses which are a lot larger than many 5 bed house.
 
Well if they want to sit in a house worth an obscene amount and not enjoy the rest of their life using that wealth on better uses because they need to live in London then they're daft.
North Wales seems to have a lot of London retirees who've sold up, bought a smaller house, and living very nicely off the balance of the proceeds.
 

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