mancityvstoke
Well-Known Member
- Joined
- 15 Apr 2009
- Messages
- 23,242
- Location
- Vintage terraced Kippax
- Team supported
- The only football team to come from Manchester
The Labour Government
- Thread starter SkyBlueFlux
- Start date
hilts
Well-Known Member
Moan maybe, want to freeze them? Nah. Anyhow I've never met posters who have lied thru their teeth so openly before, whether they have been doing this for years before the election or after I dont know. That's down to the individual.i guess.
Anyhow my super computer has worked out if they carry on this metamorphosis, they are currently on Rees Mogg levels, early June they will be calling reform left wing fantasists and by the summer hols they will be protesting with the edl and praying at the shrine of Gordon Gekko.
Top stuff:-)
That was your silly take on my response to your "if you have no kids, why should you pay for the school system?". All because you think people without gardens should pay for garden waste disposal.
You can earn up to £18750 without paying tax on savings. Not many people know this.
This can include on savings invested from the tax-free pension lump sum.
And that's without ISAs.
Tax on savings interest
You do not pay tax on your savings interest if you're on a low income.
Self-financing, or with help from the bank of mum and dad?
I read that a lot and I would say for many young people that is probably the case, especially if single and if they are in a lower paid job more so. Are they actually hard facts that I read though, or are they anecdotal too? As I said plenty of young families are still buying houses here. Whether they are first time buyers or not I don't know but probably not, as many already have kids when they buy. They are still relatively young though so if they've moved from another property they were probably already on the ladder.
Myself personally I didn't buy my first house until I was thirty five. It's a while ago now but if I remember correctly 95/100% mortgages were still available and I think you could only borrow 2-1/2 times your annual salary. If your property price exceeded that you had to pay a deposit. I do recall buying your own house was a big deal even back then and people struggled to get on the property ladder. Where I grew up the majority couldn't afford to do so and ended up renting. The covetted prize was a council property close by to their parents, which many young girls achieved by becoming pregnant much to the outrage of media outlets like the Mail. I guess they were the scapegoats back then, now it's immigrants and old people.
You can earn up to £18750 without paying tax on savings. Not many people know this.
This can include on savings invested from the tax-free pension lump sum.
And that's without ISAs.
Tax on savings interest
You do not pay tax on your savings interest if you're on a low income.www.gov.uk
That's a bit of a catch 22 isn't it? If you're on a low income you'd probably be unlikely to have a large amount of savings.
You'd be surprised the amount who'd happily let them freeze to death. The older population dying is hardly going to help their situation though, unless they are due to inherite their assets or it frees up a council property they might get.
So you think that large amounts of people who post here are lying?
hilts
Well-Known Member
Not large amounts just a fair few regulars that were self claimed socialists/centrists who stuck up for pensioners, who were outraged at getting the disabled to have tests or say they should be working, they would call.peopie racist or stupid if they mentioned high immigration could do with being lowered.
And then puff their side won and suddenly they seem to have had an epiphany, seen the light.
I'm not claiming, its just a known fact to anyone who has been on the politics forum for at least the last decade.
The man these faux socialists turned for? against those nasty upper class Tory toffs?
Surrey Lawyer SIR Keir Starmer.
You really couldn't make it up. Imagine giving up any perceived moral high ground you thought/claimed you had for the vacuous careerist SIR Keir Starmer.
And they thought they were the clever ones:-) doh!
Never seen such an obvious act of harakiri.
It would have been easier just to shout we don't care our side won. I mean it would still mean they were without values but at least it would be honest I guess.
A few have just disappeared on the latest island of strangers comment though. I would imagine they spilt their Latte when they heard that.
Last edited:
Kompany Car
Well-Known Member
- Joined
- 19 Sep 2015
- Messages
- 4,227
The way its worded is clearly click bait.
Im not saying its easy but its always been the case that parents with money will give their kids a chunk to get on the housing ladder, it just wasnt as talked about.
Can remember one of my mates at uni, his mother was a GP, father worked in banking, surprise surprise they gave him 90k for his first house in the early 90s, bought it in Surrey (Bagshot) and would be worth about 800k plus if he still had it. Meanwhile I was buying a house in a rough as fuck area (you know the places where kids pull wheelies down the street on nicked trials bikes and scrapyard scooters) with my girlfriend because its all we could afford given the ludicrous interest rates of the day. Given time we bought a bit better house, did it up ourselves on weekends, on a night, sold it on and moved up the ladder. In terms of salary multiplier the value of that house today would be 2.8 times minimum wage for 2 people. In the 90s it was around 2.4 times our combined salary, remembering minimum wage didnt even exist in the early 90s.
The problem wasn't caused by those giving their kids a leg up, but by the sale of social housing in the 80s and 90s plus the tons of cheap money which the very wealthy used to their advantage and the likes of Tesco PLC with their land banks.
Anyway its a moot point because aren't they building millions of new affordable houses all over the green belt, which you can bet your bottom dollar won't be built in the leafy suburbs around London where they are actually needed.
Last edited:
hampshireblue
Well-Known Member
- Joined
- 10 Dec 2014
- Messages
- 2,846
They should be processed asap to determine their status. Now, about your friends. And it’s no good trying to back track now. I
The Future’s Blue!
Well-Known Member
- Joined
- 17 Dec 2019
- Messages
- 13,357
- Team supported
- City
Making decisions.
Come on, what’s not to like?
Come on, what’s not to like?
The bank of mum and dad does impact on house prices, just as did stamp duty holidays, as did mortgage interest relief (I bet most pensioners have forgotten that perk) - anything that gives more money to potential house purchasers fuels house price inflation.
I don't understand your last paragraph - there just aren't many vacant sites in leafy suburbs. And if there were, they'd be the most NIMBY.
Oldham Exile
Well-Known Member
- Joined
- 11 May 2021
- Messages
- 1,399
- Team supported
- Man City
Lack of commitment:-)
Seriously, some posters do - apart from the hours they spend on X
SamTheGuru
Well-Known Member
- Joined
- 14 Sep 2009
- Messages
- 5,272
- Team supported
- MCFC OK
I think Farage has a point, but that is not a reason to dislike and create political barriers.
MouldensChippy
Well-Known Member
- Joined
- 21 Aug 2008
- Messages
- 1,173
Once again you are incorrect Vic.
How about the mean spirited councils, instead of charging extra for a function that has previously always been included in the tax give folk with no gardens a discount ?
Socialist enough for you ?
I think that people with gardens shouldn't have to pay a new (new being the operative word) pocket picking charge, dreamed up by councils to fill their coffers, then waste. You were the one who was suggesting differing charges, after all kitchen waste, is green waste as well, yet we all pay for that.
Or maybe you just like to encourage the extra fly tipping it inevitably brings. Who knows, the mean sprited charge might even cover the cost of cleaning the extra fly tips ?
You do realise that people in social housing also have gardens. Even the poor, and pensioners have gardens ! Let's load them up with an extra charge, that'll show them and their bourgeosie gardens, hey Vic.... :-)
Last edited:
metalblue
Well-Known Member
Kompany Car
Well-Known Member
- Joined
- 19 Sep 2015
- Messages
- 4,227
For the bank of mum and dad to impact house prices in any meaningful way, those in the top 2-3% who can afford the tens of thousands must be having massive families. Unfortunately that doesn't seem to be the case as they often delay having families and focus on their career first and getting to a position of financial stability before procreating.
Im sure MIRAS impacted house prices in the past, but when you look at house price inflation over time, it had little impact. House price inflation was really a product of people using property as an investment tool, at a time of low interest rates and some doing it en mass, not your small scale plumber with a couple of buy to lets which effectively are their pension. Banking of land by developers and large businesses had arguably the largest impact, considering that the value of the land is the biggest contributing factor to house prices, they effectively became the price setters.
As regards the last paragraph, there are plenty of vacant sites around the edge of the tube lines in fact thousands of acres to the north west of London (have a look on google maps, or alternatively have a look when you go through places like Amersham, Harrow etc, all within easy reach of all those high paying jobs that they decided to concentrate in the south east.
Only the other day we had a developer get told that Wandsworth council wouldn't allow the building of affordable housing in Battersea (of all places and yes I know its south London) which has been redeveloped and gentrified. It seems the objections were down to it being visible to residents of Fulham and Chelsea, god forbid.
https://www.housingtoday.co.uk/news...tower-recommended-for-refusal/5135588.article
There was me thinking the current government was not allowing NiMBYs to dictate planning.
Instead to meet the targets they will build the affordable housing in the north where land prices are cheaper but there are relatively few well paying jobs and the transport infrastructure is a shambles.