Originally posted by fullyautomatix
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Reply to: Pwned
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Previously on "Pwned"
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Originally posted by BrilloPad View Postrents have been dropping recently in Central and West London. Nowt to do with yields. just chasing existing gains and inflating the bubble.
Why just foreigners? Why not tax on property over £500k?
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It'd be better to fix the system, not ignore people avoiding tax and add new taxes on top.
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Originally posted by sasguru View PostNot where my BTL is. I will be looking to raise in 6 months.
Originally posted by sasguru View PostSo you want to tax the middle class even more? A £500k property is about average in London.
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Originally posted by sasguru View PostIt's more to do with the high yields now on offer, especially in London.
Originally posted by fullyautomatix View PostIts time to introduce a tax on rich foreigners buying up property in UK. Rich oil sheiks from Gulf are really distorting the prices of property in London.
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Its time to introduce a tax on rich foreigners buying up property in UK. Rich oil sheiks from Gulf are really distorting the prices of property in London.
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Originally posted by DimPrawn View PostRise in foreign landlords is 'crowding out first-time buyers’ - Telegraph
I wondered if this might happen, especially with a weak pound and good tax breaks on property.
Not only will all the utilities be foreign owned but the majority of our housing and land.
If you can get 6.5% that's better than most other investments.
I wouldn't worry about them being foreigners, when there's better places to invest they'll move on.
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Pwned
Rise in foreign landlords is 'crowding out first-time buyers’ - Telegraph
I wondered if this might happen, especially with a weak pound and good tax breaks on property.
Not only will all the utilities be foreign owned but the majority of our housing and land.Tags: None
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