Uber Booooooooomed

[milanbenes]

http://www.independent.co.uk/news/uk...et-886142.html


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Alistair Darling is drawing up a series of radical proposals to revive Britain's beleaguered housing market as new figures show soaring numbers of homes being repossessed.


Among the measures being considered by the Chancellor are:

*A plan to reintroduce income support for mortgage interest payments for homeowners who lose their jobs.

*Suspending stamp duty so buyers only pay the tax after several years in their new home, or perhaps not until they sell the property.

*Creating a new, tax-free fund to help first-time buyers raise the deposit they need to get on the housing ladder.

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all aboard, the gravy train is running again


Milan.

[scooterscot]

It's like someone already on here said 'Trying to inflate a balloon that's already burst'

[DimPrawn]

Hooray for Labour, saviour of the people. Free houses for the poor and lazy.



Now, just who is going to foot the tax bill for all these "initiatives" I wonder. Bend over......

[BrilloPad]

http://www.independent.co.uk/news/uk...et-886142.html


------------------
Alistair Darling is drawing up a series of radical proposals to revive Britain's beleaguered housing market as new figures show soaring numbers of homes being repossessed.


Among the measures being considered by the Chancellor are:

*A plan to reintroduce income support for mortgage interest payments for homeowners who lose their jobs.

*Suspending stamp duty so buyers only pay the tax after several years in their new home, or perhaps not until they sell the property.

*Creating a new, tax-free fund to help first-time buyers raise the deposit they need to get on the housing ladder.

------------------------------



all aboard, the gravy train is running again


Milan.

The easiest way to solve it is to create a time machine then stop the bubble from happening.

[lilelvis2000]

Vote grabbing if you ask me. Perhaps he should also draw up proposals for those of us who have lost money on the markets in our "pensions".

[ace00]

[url]
Among the measures being considered by the Chancellor are:

*A plan to reintroduce income support for mortgage interest payments for homeowners who lose their jobs.

*Creating a new, tax-free fund to help first-time buyers raise the deposit they need to get on the housing ladder.

------------------------------

all aboard, the gravy train is running again

Milan.

WTF? This is really crazy.
The rest of the entire World even socialist Europe wouldn't do that, they would, and do make interest payments tax deductable.
And then the government giving people money to buy property they can't afford? Is this for real? They are truly insane.

[milanbenes]

lads you're missing the bigger picture,

such systems are going to create a lot of jobs and require massive computer systems and therefore generate a lot of employment as well as stopping house prices from falling which will give borrowers/consumers more confidence and bring the economy back into growth

therefore, this proposal is good

Milan.

[lilelvis2000]

WTF? This is really crazy.
The rest of the entire World even socialist Europe wouldn't do that, they would, and do make interest payments tax deductable.
And then the government giving people money to buy property they can't afford? Is this for real? They are truly insane.

This government has no vision...they can't see past the end of their nose.
I'd recommend sending a letter (or starting a petition) but you'll end up with the usual "economy growing, Government looking at various proposals" blather.

[chef]

The easiest way to solve it is to create a time machine then stop the bubble from happening.

that explains threaded's whereabouts.. oh hold on that doesn't work does it as surely he'd come back to the point when he left... maybe its broken

[expat]

http://www.independent.co.uk/news/uk...et-886142.html


------------------
Alistair Darling is drawing up a series of radical proposals to revive Britain's beleaguered housing market as new figures show soaring numbers of homes being repossessed.


Among the measures being considered by the Chancellor are:

*A plan to reintroduce income support for mortgage interest payments for homeowners who lose their jobs.

*Suspending stamp duty so buyers only pay the tax after several years in their new home, or perhaps not until they sell the property.

*Creating a new, tax-free fund to help first-time buyers raise the deposit they need to get on the housing ladder.

------------------------------



all aboard, the gravy train is running again


Milan.

Oh FFS I despair! If you do nothing about the supply of houses, but just give some people some money to help them to buy, you are just:
1. pushing up the price and therefore giving the money straight to the sellers.
2. helping some people on to the housing ladder at the direct cost of pushing some others off it.