Do nothing, add no value and become a millionaire

**AllezFrance** · 19 December 2011, 22:55

Originally posted by DimPrawn View Post

House prices create 27,000 more property millionaires in 2011 - Telegraph

Boomed!

Who needs factories or businesses when we have a fantastic perpetual motion wealth making machine?

Goto Zimbabwe

**ChimpMaster** · 20 December 2011, 07:45

Originally posted by AllezFrance View Post

10 Goto Zimbabwe

**BrilloPad** · 20 December 2011, 08:10

Another reason why we need a property tax. And to make BTL mortgages illegal.

**ChimpMaster** · 20 December 2011, 08:14

Originally posted by BrilloPad View Post

Another reason why we need a property tax. And to make BTL mortgages illegal.

How about a Window Tax. I mean if we're regressing, we might as well go back to some really shi1tty tax laws.

**TimberWolf** · 20 December 2011, 08:17

What a great wheeze it's been. People think they get richer when house prices rise and don't stop to wonder why they end up saddled with a lifetime of debt to be trapped in a tulip box. The government have found inflation that the public likes.

**BrilloPad** · 20 December 2011, 08:19

Originally posted by ChimpMaster View Post

How about a Window Tax. I mean if we're regressing, we might as well go back to some really shi1tty tax laws.

Too complicated - there is no register of windows.

But there is a full register of UK house prices - take mouseprice for instance. Property is alot easier to collect tax on than income.

Its certainly been done before - but that does not make it regression. Take weaning age - 100 years ago the recommended age was 9 months, then 6, then 4, then 3, then 4, now it is 6 and before long it will probably be 9 months again!

**Spacecadet** · 20 December 2011, 09:28

Originally posted by ChimpMaster View Post

How about a Window Tax. I mean if we're regressing, we might as well go back to some really shi1tty tax laws.

You'll just see OSX and Linux becoming more popular

**sasguru** · 20 December 2011, 10:03

Originally posted by TimberWolf View Post

What a great wheeze it's been. People think they get richer when house prices rise and don't stop to wonder why they end up saddled with a lifetime of debt to be trapped in a tulip box. The government have found inflation that the public likes.

on the other hand you could use rising prices to become mortgage free and wealthy.

HTH

**Freamon** · 20 December 2011, 10:29

Originally posted by sasguru View Post

on the other hand you could use rising prices to become mortgage free and wealthy.

HTH

Like these two: Fergus & Judith Wilson: Buy-to-let gurus see empire crumble | This is Money

Do nothing, add no value and become a millionaire