Originally posted by eek
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Own your property outright? CPIH should worry you
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Own your property outright? CPIH should worry you
Originally posted by original PM View PostOver my cold dead body
The reason many people work hard and forgo luxuries to pay their mortgage off early is so that they can reduce any overheads they have for when they retire...
Also how is this going to work for those people who paid off their mortgage but have saved nothing else and so live off the state pension.
For anything other than a primary residence then yes it has mileage but you cannot penalise people for buying something.
https://www.theguardian.com/money/20...operty?0p19G=cComment
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Originally posted by original PM View PostFor anything other than a primary residence then yes it has mileage but you cannot penalise people for buying something.
Imagine if the food supply was cornered. Life would get unpleasant quickly.
One day housing unpleasantness will arise. But probably not in my lifetime.Comment
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Originally posted by eek View PostGiven how insane council tax rates are due to being 30 years old (one I'm looking at is Council Tax F - on sale for £300,000) something needs to be done.
Not sure rates is the solution for this is what is being talked about...
Funny thing is they actually charge more to live in the Britwell (Slough's sink estate) than in my village.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by PurpleGorilla View PostSome would argue working hard to pay thruppence ha'penny was a gift not afforded to today's young;
https://www.theguardian.com/money/20...operty?0p19G=c
And that is the same now as it was then.Comment
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It'll be worth listening to the Chancellor's statement on Wednesday to see if there is any hint of this deemed rent.Work in the public sector? Read the IR35 FAQ hereComment
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Sounds like a very Socialist policy. I don't think it'll happen - not in such a form anyway because it discourages prudence, unless of course the government want exactly that. And then what's to stop outright owners from remortgaging and spending/stashing/investing the cash then.
An 'empty house' tax is certainly far more sensible and socially acceptable.Comment
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Originally posted by ChimpMaster View PostSounds like a very Socialist policy. I don't think it'll happen - not in such a form anyway because it discourages prudence, unless of course the government want exactly that. And then what's to stop outright owners from remortgaging and spending/stashing/investing the cash then.
An 'empty house' tax is certainly far more sensible and socially acceptable.Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by ChimpMaster View Post
And then what's to stop outright owners from remortgaging and spending/stashing/investing the cash then.Work in the public sector? Read the IR35 FAQ hereComment
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