Buy-to-let investors: 'Let us off capital gains tax and we'll sell to first-time buye

[PurpleGorilla]

Of course now I see I'm so wrong. Because the Government is so good at running it

I suppose all the supermarkets should give food away rather than charging for it.

try again.

You really can't handle the thought of a house price correction can you? How much exposure do you have?

[vetran]

You really can't handle the thought of a house price correction can you?

How much exposure do you have?

I think a sharp house price correction will be very bad.

not a lot.

[PurpleGorilla]

Buy-to-let investors: 'Let us off capital gains tax and we'll sell to first-t...

I think a sharp house price correction will be very bad.

not a lot.

Bad for who?

What to worry about then?

http://www.cityam.com/225910/halifax...thly-fall-year

[PurpleGorilla]

Buy-to-let investors: 'Let us off capital gains tax and we'll sell to first-t...

I think you need to wake up and face reality. If the prices didn't crash after 2008 it's pretty unlikely that they will now. Despite the "peoples propaganda" that you seem to believe in the UK economy is actually improving.

They didn't crash because of QE, ZIRP and HTB

Has that economic policy helped us pay off our debts?

No, it's kicked the can down the road.

[PurpleGorilla]

Build more houses... Using your green eye to blame it on BTL is bulltulip, park the socialism it doesn't work. There are not enough houses. Taxing people who buy houses to rent is not helping either. Build more housing.

This isn't really complicated. Build more houses...

Why does a desire for lower prices constitute green eyes?

[_V_]

I think you need to wake up and face reality. If the prices didn't crash after 2008 it's pretty unlikely that they will now. Despite the "peoples propaganda" that you seem to believe in the UK economy is actually improving.

I'm guessing a lot of people believe the rubbish on website such as housepricecrash.co.uk. They have been screaming "crash" everyday since 2006. They are no better than some rapture Christians in this respect.

Spain had a big house price crash, but there they were building literally millions of houses/apartments that no one wanted.

In the UK, with have a huge population that is growing at an incredible rate, and by comparison, almost no house building.

Go figure.

[AtW]

But not all landlords are evil.

Indeed. And then there is MF

[d000hg]

First time buyers shouldn''t be looking to buy an average priced house. They should be getting something the first rung on the ladder. It takes a long time to get up the ladder for most people so this comparison is a bit misleading!

That's true, but generally people buying the cheaper houses would be on lower salaries e.g. both are below-average and roughly speaking line up, so this effect is partly nullified.

[AtW]

Where's that then?

Should be max 3. And not gross either - always annoyed me when higher rate of tax was not factored into loans.

[AtW]

I'll give you a clue, the ratio is under 7. Which seems entirely reasonable.

And 7 is some kind of magic golden ratio figure?