Reply to: oh dear(tm): 'Buy-to-let investors will need 50pc deposit - or no mortgage'

[AtW]

Corbyn gets in and taxes the crap out of you some more and abolishes all self-employment

Osborne is doing a very good job on this front already.

[AtW]

That's fine. So I start to offload my BTLS with lots of others, which then causes the housing market to collapse, forcing the rest of you to lose equity or go negative, people stop moving, George doesn't get his stamp duty, interest rates go up as we go into a downturn, economy stagnates, Tories get forced out at the next election, Corbyn gets in and taxes the crap out of you some more and abolishes all self-employment, forces you all to join a Union and he appoints the Muslim Brotherhood as his cabinet.

So that's it. He ****s with BTL, next thing you all have to grow beards and convert to Islam. You heard it here first.

I think you are overreacting here a tad.

Women won't have to grow beards...

[PurpleGorilla]

oh dear(tm): 'Buy-to-let investors will need 50pc deposit - or no mortgage'

That's called jealousy.

HTH BIDI

And there it is. The brioche moment.

[MarillionFan]

Are you suggesting the UK economy is a one trick pony? What about immigration?

+ Immigration and QE. It's not just a one trick pony, it's a whole field of ponies.

[BrilloPad]

That's fine. So I start to offload my BTLS with lots of others, which then causes the housing market to collapse, forcing the rest of you to lose equity or go negative, people stop moving, George doesn't get his stamp duty, interest rates go up as we go into a downturn, economy stagnates, Tories get forced out at the next election, Corbyn gets in and taxes the crap out of you some more and abolishes all self-employment, forces you all to join a Union and he appoints the Muslim Brotherhood as his cabinet.

So that's it. He ****s with BTL, next thing you all have to grow beards and convert to Islam. You heard it here first.

Are you suggesting the UK economy is a one trick pony? What about immigration?

[MarillionFan]

But the great thing is with less new BTL'ers it's harder for any existing BTL'ers to offload their properties when they want to cash in. They might even have to ask a price that ordinary people can afford.

That's fine. So I start to offload my BTLS with lots of others, which then causes the housing market to collapse, forcing the rest of you to lose equity or go negative, people stop moving, George doesn't get his stamp duty, interest rates go up as we go into a downturn, economy stagnates, Tories get forced out at the next election, Corbyn gets in and taxes the crap out of you some more and abolishes all self-employment, forces you all to join a Union and he appoints the Muslim Brotherhood as his cabinet.

So that's it. He ****s with BTL, next thing you all have to grow beards and convert to Islam. You heard it here first.

[DodgyAccountant]

It's called Kapitalism...

May be Kaputilism before too long.

[shaunbhoy]

It's called baby boomers.

That's called jealousy.

HTH BIDI

[PurpleGorilla]

It's called Kapitalism...

It's called baby boomers.

[AtW]

How it was allowed for so long remains a mystery.

It's called Kapitalism...

[fullyautomatix]

Quite frankly BTL was getting a bit out of hand. Every man and his dog wanted to rent out some house or other which was bought using a mortgage and they wanted some poor soul to pay the monthly mortgage payment and some top up. How it was allowed for so long remains a mystery.

[MrMarkyMark]

Ah, I see.

I was on about you. actually, old bean

[shaunbhoy]

Prey tell, how is this "worry" manifesting itself

In the traditional atw way. A veritable deluge of monkey-spanking activity!!

[AtW]

Prey tell, how is this "worry" manifesting itself

[diseasex]

who cares about barclays?