Should billionaires and multinationals pay fair tax?

[noseall]

How much of an investment though?

So that they stay affordable.

 

[aveatry]

Actually reading on here I think I will invest in a Buy to let.

 

[noseall]

I think I will invest in a Buy to let.

Pick a Uni town or city.

Get a good letting agent.

Do your homework.

 

[Brigadier]

So, come on then, if property can be an investment, how much of an investment?

Oh that's right, building more houses is going to sort all this out, ha ha haaaaaaaa.

Of course it will: you are currently benefiting from a defective housing "market" (one in which demand exceeds supply).


If supply meets demand, the prices will reflect that.

 

[JohnD]

Actually reading on here I think I will invest in a Buy to let.

do as you wish

but first consider the diversity in your assets and investments

For example, if you have £1m invested in Ryanair, don't invest in holiday hotels

If you have £1m invested in Shell, don't buy Exxon

If you have £1m invested in the house you live in, don't invest everything else in homes for other people to live in.

 

[JohnD]

Of course it will: you are currently benefiting from a defective housing "market" (one in which demand exceeds supply).


If supply meets demand, the prices will reflect that.

Motorbiking would be enraged.

 

[noseall]

Motorbiking would be enraged.

I don't think the thrill of sailing is doing it for him any longer.

 

[Brigadier]

Difference is the one renting out a second home is providing a safe home for another family

Utter bollogs.

Unless for no profit, landlords are part of the problem (lack of supply).

And you can have multiple not-for-profit landlords, but it only takes a few profiteers to make the "not-for-profit" rentals more costly than they ought to be.

 

[carmanmemoranda]

I don't think the thrill of sailing is doing it for him any longer.

Or the busy courts.

Or the big business meeting rooms.

 

[JohnD]

I don't think the thrill of sailing is doing it for him any longer.

I think he should find a woman he doesn't like, and give her a house.

 

[aveatry]

There you go again with your stupid strawman arguments. Who said property shouldn't be an investment?

How abut this for you

Utter bollogs.
Unless for no profit, landlords are part of the problem (lack of supply).

 

[aveatry]

Unless for no profit, landlords are part of the problem (lack of supply).

Are you referring to housing associations or the private landlord with 1 or 2 houses.

 

[diy_fun_uk]

So that they stay affordable.

Eh?
What?!?

So what do you propose, some sort of cap on value appreciation? What do you deem acceptable? 1% pa, 2%, 3%, more?

 

[diy_fun_uk]

Unless for no profit, landlords are part of the problem (lack of supply).

Rubbish. No sorry, utter rubbish.

 

[JohnD]

So what do you propose, some sort of cap on value appreciation?

If there is a shortage of tomatoes, driving the price up, normal process is to improve the supply of tomatoes to reduce or remove the shortage.

Incidentally, car insurance works the same way, and the industry is subject to repeated peaks and troughs.

The wages of MPs do not work the same way, because they set their own pay, regardless of oversupply and ability to do the job