Death of buy-to-let: landlords wake up to Osborne's 150pc tax

[FatLazyContractor]

Please explain? I'm intrigued to why you think you're being clever and I've done something stupid.

And what if she leaves you?

[eek]

And what if she leaves you?

Then she gets half anyway. She may as well have it already...

[AtW]

Then MF suffers very unfortunate and very fatal accident in his jacuzzi and the missus gets everything including hefty life insurance

FTFY

[expat]

I was referring to the national debt, which is massive, and rising.

That was my point. The "national debt" is nothing like a personal debt, which you would like to avoid and the repayment of which makes you breathe more easily. It is a fallacy to imagine that the "national debt" is of itself something that you want to pay off. It is often, and particularly now, good for the country to run a national debt; just as if there were no renting, and possibly even if there is, it can be advantageous to run a mortgage.

Osborne wants to pay it off, but that is because the purpose of the national debt is to serve and enable the state, and he wants to eliminate the state.

[AtW]

Osborne wants to pay it off, but that is because the purpose of the national debt is to serve and enable the state, and he wants to eliminate the state.

[PurpleGorilla]

That was my point. The "national debt" is nothing like a personal debt, which you would like to avoid and the repayment of which makes you breathe more easily. It is a fallacy to imagine that the "national debt" is of itself something that you want to pay off. It is often, and particularly now, good for the country to run a national debt; just as if there were no renting, and possibly even if there is, it can be advantageous to run a mortgage.

Osborne wants to pay it off, but that is because the purpose of the national debt is to serve and enable the state, and he wants to eliminate the state.

I'd rather have a sovereign wealth fund like Australia or Norway and use that during downturn times like now (do we have growth other than HPI?).

[AtW]

I'd rather have a sovereign wealth fund like Australia or Norway and use that during downturn times like now (do we have growth other than HPI?).

Saudi Arabia even better.

Especially if you are one of the many Princes there.

[MarillionFan]

And what if she leaves you?

I'd get a new patio before that happens. Plus, my wife loves me. I'm very loveable.

[AtW]

I'd get a new patio before that happens. Plus, my wife loves me. I'm very loveable.

I am looking forward to 31 January 2018 when you start your whining about sudden new tax bill

Should be plenty of cheap houses on the market for cash buyers

[eek]

I am looking forward to 31 January 2018 when you start your whining about sudden new tax bill

Should be plenty of poorly maintained houses with desperate sellers on the market for cash buyers

ftfy. Personally I wouldn't touch any of them with a barge poll.