£1000 a month tax free for nothing

[DimPrawn]

http://www.express.co.uk/posts/view/...-average-home-

And values will soar more than 20 per cent nationwide over the next five years, estate agents Knight Frank forecast.

Nice little earner.

Boomed!

[JoJoGabor]

Excellent, excellent, what we need now is lots of people reading this to start putting their houses on the market in the hope of making some money, increasing supply and bringing the prices back down again. Good for me

[Paddy]

http://www.express.co.uk/posts/view/...-average-home-

Nice little earner.

Boomed!

No way is it a nice little earner because most people can not realise the profit. It is only a nice little earner if you have more than one property and then cash it in. Even when it is sold it will be subject to capital gains tax and/or corporation tax. (Unless you register the property off-shore like many of the private blocks of flats in the UK)

If property prices rise by £1000 per month you can bet your life that HM Government will find a way of getting a piece of the action and more people will be in debt with a property that is supposedly worth more. Not least you could end up with a small mortgage and a huge council tax bill.

The property prices in eastern Europe has risen much more in the UK and the currencies such as the Czech Koruna are far more stable.

If people in the UK did away with dreaming about house process solving there financial status and put their money into manufacturing and business they would be much better of in the long term.

[DimPrawn]

I can sell up and live in an old caravan, and spend that lovely money!

[Paddy]

I can sell up and live in an old caravan, and spend that lovely money!

If you can afford it...

http://themaliburealestateblog.com/t...mes-in-malibu/

[swamp]

Still cheaper to rent.

[BlackenedBiker]

I can sell up and live in an old caravan, and spend that lovely money!

I'll fight ya fo ya dag.....

[DiscoStu]

I'll fight ya fo ya dag.....

foight

[Spacecadet]

If you can afford it...

http://themaliburealestateblog.com/t...mes-in-malibu/

Since the mobile homes might only be worth a few hundred thousand what you are really paying for is the right to be there on the rented land

I thought that paying the rent gave you the right to be on the rented land!

[Sysman]

If you can afford it...

http://themaliburealestateblog.com/t...mes-in-malibu/

1) $1,395,000 for a 2 bedroom 2 bath in Paradise Cove

WTF? I've seen better in the Third World.