Originally posted by scooterscot
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Reply to: 7.7% growth per year, tax free!!!
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Previously on "7.7% growth per year, tax free!!!"
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Originally posted by SueEllen View PostDon't worry the Tories want to change the law to screw you if you sell. If the houses are in Scotland you will definitely be screwed....
Currently if I want a better return on my investments the rent goes up. Simples.
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Originally posted by SueEllen View PostDon't worry the Tories want to change the law to screw you if you sell. If the houses are in Scotland you will definitely be screwed....
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7.7% growth per year, tax free!!!
I ken. Two BTL's in the UK and don't even live in the country.
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Originally posted by MarillionFan View PostI bought a forth house today.
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Wouldn't putting money in a REIT be simpler if you want to cash in on the impending property booms?
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Originally posted by AtW View Post" House prices are rising at nearly ten times the pace of average earnings after Britain's biggest mortgage lender today that record low interest rates and the Government's Help to Buy scheme were sending demand through the roof.
Halifax claimed prices in November hit £174,910, up 1.1 per cent on October and 7.7 per cent on the same month a year ago - the highest annual rate for six years.
The typical house is now swapping hands for £174,910, up £13,577 on a year ago, a rise of £37 a day. Average salaries are rising at just 0.8 per cent a year.
Martin Ellis, Halifax housing economist said: "Stronger demand, combined with an insufficient increase in housing supply, has resuled in increases in house prices accompanying higher activity this year.
"Low interest rates, improvements in consumer confidence and official schemes, such as Funding for Lending and Help to Buy, all appear to have boosted demand."
Source: House prices across the UK are rising at nearly ten times average earnings - Telegraph
Gotto love the Osbornomics
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Originally posted by AtW View PostGotto love the Osbornomics
Yeah, OK then.
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Originally posted by AtW View PostI'll think about it next week when I make my monthly rental payment... 15 years of renting so far... what were the house prices like in 1998?
Ed Balls.
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