Living rooms have shrunk?

[Brigadier]

You questioned that LVT being least distortionary was an opinion and not fact without backing it up. So I simply asked for some evidence.

The current situation is unfair so to argue another situation is unfair holds no merit. With LVT there is better use of unused land which is a factor of production.

Your only argument is the rate at which it is set, which I said needs to be calculated. You are asking me at what rate that would be as you need some sort of data to make a decision. Now that's fine and as I mentioned it would need to be calculated. Now you argue that would be a finger in the air and be arbitrary based on what? It also smacks at hypocrisy because as a leaver you made a decision about leaving without all the facts, in fact with less facts than we have for calculating LVT.

It is true that value will only be determined in exchange on the market and we need to remember a simple truth It is not the seller of land that performs the ultimate assessment, but the buyer. That the seller may state a price, it is true, but if no buyer actually wants the land at that price, then it will not sell. So whatever rate we wish to set the LVT can be adjusted and tweaked - like taxes today are adjusted.

I'd give you very good odds you haven't the faintest idea on my vote, so if you're going to accuse me of something, do it based on facts please

 

[SirGalahad]

I'd give you very good odds you haven't the faintest idea on my vote, so if you're going to accuse me of something, do it based on facts please

Fair enough. So are you a remainer or leaver.

 

[Brigadier]

Just because I question your assertions, you've already made your mind up. Not that I'd tell anyone on here, in any case.

 

[JohnD]

I'd give you very good odds you haven't the faintest idea on my vote, so if you're going to accuse me of something, do it based on facts please

hmmmmm

Labour were on course to win the general election at five pm......

....until Conservative voters finished work, and we're able to get to the polling station.

(Nicked off Instagram)

 

[SirGalahad]

Just because I question your assertions, you've already made your mind up. Not that I'd tell anyone on here, in any case.

As have you saying its just a guess to work out values.

Fair enough if you do not want to say which way you voted, but the point still stands.

 

[Notch7]

Failure to understand an answer is your problem. But please go and research it and come back. I am always happy to update my knowledge.

So being called Comrade Notch7 is an ad hominem attack, well then why do you persist in calling him comrade corbyn? Hypocrisy bites which is the point I am making.

There is no failure to understand an answer, you have failed to provide any answer.

You are welcome to call me Comrade Notch or anything else, it just means you arent answering the question.

 

[JohnD]

Here's an example of Notch answering a question:

Notch, have you watched the videos?

. . . .

 

[Notch7]

And is your guess that it will be higher or lower than is calculated for that same piece of land, with the same homes on it, under the Council Tax system?

For some reason I get the impression that you assume it will always be substantially higher.

No but what I am saying is that rental costs will be linked to LVT rates.

 

[JohnD]

Rental costs will be linked to what renters are willing and able to pay, just like they are now.

Do you think that if tenants were willing and able to pay an extra £10000 a year, landlords wouldn't be charging it?

 

[transam]

I see that the Labour party in Israel have cut any links with Corbyns labour party


Have I posted in the wrong thread ?????????

 

[JohnD]

Just like you, eh, Tranny?

 

[transam]

Just like you, eh, Tranny?

Oh I have ? well some one mentioned Comrade leave it at that (wrong thread )

 

[JohnD]

And is your guess that it will be higher or lower than is calculated for that same piece of land, with the same homes on it, under the Council Tax system?

For some reason I get the impression that you assume it will always be substantially higher.

How can the answer be "No?"

 

[Notch7]

With LVT there is better use of unused land which is a factor of production.

In some circumstances.

The use of land is hugely impacted by planning rules.

The value of land is hugely influenced by planning rules

Planning is slow and complicated and can take years. A landowner that has to pay LVT whilst he waits for planning consent will increase the cost of the sale prices of those houses.

 

[JohnD]

will increase the cost of the sale prices of those houses.

A developer will charge as much as he can squeeze out of his buyers. His excuses for the price are irrelevant.

If the government gives a helping hand to FTBs, the developer will charge more so the extra goes into his pocket.

If stamp duty is lowered, the developer will charge more so the extra goes into his pocket.

If the economy improves and wages go up, so buyers can afford more, the developer will charge more so the extra goes into his pocket.