Originally posted by vetran
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Reply to: BTL timebomb
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Previously on "BTL timebomb"
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Originally posted by AtW View PostIt's not immigration you numpy, it's same as people moving from somewhere in UK to London.
Almost all of those 500 mln of people in EU got enough brains to know that going to UK is pretty stupid - very high cost of living, high taxes, low earnings for most, no point really.
Ok, whether immigration or migration from within one part of the EU to another it is still uncontrolled and yes, the same goes for all countries in the EU with freedom of movement of people etc etc.
If the UK was that unattractive, people wouldn't come. I've worked with plenty of well educated people from other EU countries who come to the UK for the opportunities it affords them.
Anyway... this is off topic for BTL so I'm done.
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Originally posted by MrMarkyMark View PostFTFY
Thought you were in the game now, d000hg
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Originally posted by MrMarkyMark View PostYou're joking, right?
Probably the worst idea, in the world, ever.
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Originally posted by BrilloPad View PostFirst-time buyers need £90,000 salary to pay off Help to Buy loan in five years
While buyers can get the loan the same way they can get any mortgage, with a loan-to-income test, the huge size of the loan means even those on high salaries will struggle to pay it off during the interest-free period, which lasts for five years after the loan is taken out.
And once the interest-free period is up, the charges amount to thousands every year - and if the property increases in value, so does the government's share.
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So in 2018, the government is going to become a homeowner on an increasing scale? Personal debt will soar?
The government will then have a vested interest in maintaining high house prices? And there will be a lot more wage slaves?
Hopefully AtW will be along shortly to point out the solution to this.....
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Originally posted by ShandyDrinker View PostAgreed, but that doesn't mean it is controlled. In theory there is currently nothing to stop all 500+ million people within the EU upping sticks and moving to the UK hence the UK has no control over if/when/how that could happen.
Almost all of those 500 mln of people in EU got enough brains to know that going to UK is pretty stupid - very high cost of living, high taxes, low earnings for most, no point really.
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Originally posted by AtW View PostIt's their legal right to come to UK, freedom of movement in EU.
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Originally posted by ShandyDrinker View PostWhile immigration may be happening according to the laws, rules and so on, it is still uncontrolled in the sense that anyone from the EU can come into the UK and there's no way of knowing how many people can come in... hence uncontrolled.
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Originally posted by PurpleGorilla View PostStop uncontrolled immigrationOriginally posted by AtW View PostIt is controlled.
While immigration may be happening according to the laws, rules and so on, it is still uncontrolled in the sense that anyone from the EU can come into the UK and there's no way of knowing how many people can come in... hence uncontrolled.
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Originally posted by vetran View Post<Diety> know why the help to buy goes above £200k.
They should help those in social housing to buy not youngsters living with 1% ers.
Also most of these tests are based on income. You can easily earn 1% and be nowhere near 1% of wealth. Its fairer just to deflate the balloon.
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