Originally posted by DimPrawn
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Boomed I tell ya!!
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Originally posted by Doggy Styles View PostUntil the big tranche of cuts takes effect.
Anyway, being a commie AtW can't help himself - he is genetically hard-wired to rent cheap apartments!Comment
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Originally posted by DimPrawn View PostYou are being paid to own a property,Comment
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Originally posted by DimPrawn View PostBBC News - Alvin Hall: The generation poorer than their parents
"Let's take my own house [which] I bought 16 years ago for £160,000. It's in south-east London. It's now worth about £1.15m.
"So I've gained a million pound windfall to which I do not feel entitled, and that windfall, at the moment, is tax-free. Were I to sell [the house], there's no tax on that gain."
"It may appear very lucky for me, but the reality is when I sell, it will probably be to a younger person who'll be getting a mortgage and spending most of their working life paying off that windfall which went to me. I don't think that's fair."
What do you think sas? Are you weeping for the the young sheeple who'll be paying 1 or 2 million pounds when you sell up, all tax free, villa in Portugal and and a bank account full of wonga?
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Originally posted by oracleslave View PostWhat are YOU waiting for?
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Originally posted by TimberWolf View PostHow the flip is she going to find a young buyer with 1.15m going spare though? Surely it's only people with houses that are buying houses at the moment?
Any first time buyer is putting their money into saving for a property but that is not making any further money because the interest is so low so it will take them longer before they can look for an affordable house unless the price comes down and the longer there are no first time buyers the more unsustainble the market becomes becuause there is no one buying the houses from the people looking to sell their house to move upComment
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Originally posted by DimPrawn View PostBBC News - Alvin Hall: The generation poorer than their parents
"Let's take my own house [which] I bought 16 years ago for £160,000. It's in south-east London. It's now worth about £1.15m.
"So I've gained a million pound windfall to which I do not feel entitled, and that windfall, at the moment, is tax-free. Were I to sell [the house], there's no tax on that gain."
"It may appear very lucky for me, but the reality is when I sell, it will probably be to a younger person who'll be getting a mortgage and spending most of their working life paying off that windfall which went to me. I don't think that's fair."
What do you think sas? Are you weeping for the the young sheeple who'll be paying 1 or 2 million pounds when you sell up, all tax free, villa in Portugal and and a bank account full of wonga?
Hard Brexit now!
#prayfornodealComment
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Originally posted by Doggy Styles View PostAnyway, being a commie AtW can't help himself - he is genetically hard-wired to rent cheap apartments!Comment
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Originally posted by AtW View PostI pay £1000 per month in rent, the next level up after that was around £1600-2000.Hard Brexit now!
#prayfornodealComment
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Originally posted by TimberWolf View PostAtW isn't a commie any more, he's a bad ass capitalist now.Comment
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