Reply to: Housebuilder concerned home owners too wealthy to buy his crap

[AtW]

Scale back Private Residence Relief, but Gidiot would never do that, would he? Not yet, at least.

There should be no CGT at all on long term ownership - houses or shares, does not matter, long term investment should be encouraged by the tax system.

Stamp duty should go back to 1% max to encourage mobility.

[jamesbrown]

Solution to budget deficit - create state company, build more houses and use value of sales to deal with deficit.



Simples.

Scale back Private Residence Relief, but Gidiot would never do that, would he? Not yet, at least.

[scooterscot]

[AtW]

Solution to budget deficit - create state company, build more houses and use value of sales to deal with deficit.



Simples.

[clearedforlanding]

You really think that a government who won't be blamed for something that happens ten years down the line gives a toss about the future over looking good now and getting in next time?

No, I wonder who is going to pay the pension & healthcare bills for the ageing population.

All I see around me in the land of milk & olive oil are pensioners and fathers, jostling for space with the African immigrants outside Mercadona flying signs for food.

This was caused by a housing boom. - And a chronic dose of systemic corruption.

Get on the FR AGP-LBA flight and note how 70% of the passengers are young Spaniards working in Yorkshire in the service industry.

I predict a mass migration of English University graduates on Wizz Air taking up jobs in Poland. The Polish have already started going back.

[vetran]

Don't tell me that house prices are about to start falling...

only once you exchange!

[AtW]

"Housebuilding boss Pete Redfern, about to head up Labour housing review"

That's nice...

s the lot of 'em

[AtW]

Don't tell me that house prices are about to start falling...

[LondonManc]

When the massive skill drain of our children occurs I wonder who is expected to prop up the pension and healthcare bills of the ageing home-owning population?

You really think that a government who won't be blamed for something that happens ten years down the line gives a toss about the future over looking good now and getting in next time?

[PurpleGorilla]

Boomers [emoji36]

[jamesbrown]

"If that continues for two, three, four years..."

Stable door. Horse. Bolted.

[clearedforlanding]

It's the dirty little secret - there's be a suppression on the number of homes built to keep the supply/demand level at the right balance to maintain the bubble, while looking like they're building. They can build a certain amount but sustaining the demand can be balanced off against population growth/immigration.

When the massive skill drain of our children occurs I wonder who is expected to prop up the pension and healthcare bills of the ageing home-owning population?

[LondonManc]

I was listening to some guy who worked in housing talk about house prices the other day. Apparently local and but particularly central government have deliberately put blocks in the way to ensure that house builders don't use up all the current land they hold. If they did then house prices would stay static for the next 10+ years.

It's the dirty little secret - there's be a suppression on the number of homes built to keep the supply/demand level at the right balance to maintain the bubble, while looking like they're building. They can build a certain amount but sustaining the demand can be balanced off against population growth/immigration.

[SueEllen]

I was listening to some guy who worked in housing talk about house prices the other day. Apparently local and but particularly central government have deliberately put blocks in the way to ensure that house builders don't use up all the current land they hold. If they did then house prices would stay static for the next 10+ years.

[DimPrawn]

Another UK "executive" housing estate nears completion...