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FAO BTL owners Jenrick has just sold you down the river

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    #11
    Originally posted by courtg9000 View Post
    Look at the amount of extra aggro landlords have had to put up with in terms of legislation and tax changes since 2010. They do not like landlords especially smaller ones.
    They want to ensure you pay your taxes to HMRC.

    Plus when their voters start complaining because their adult children, who are potential voters for them, can't buy homes they had to take action.
    "You’re just a bad memory who doesn’t know when to go away" JR

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      #12
      Originally posted by courtg9000 View Post
      Look at the amount of extra aggro landlords have had to put up with in terms of legislation and tax changes since 2010. They do not like landlords especially smaller ones.
      At last, some understanding of the tory way has been shown.

      If you have two BTLs that you struggled and worked hard to get, you're f*ked. If you have a large national company, registered in Belize, looking after a network of 25000 let properties, a massive employee pension shortfall and a bunch of MPs as honorary board members, you'll be just fine
      When freedom comes along, don't PISH in the water supply.....

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        #13
        Originally posted by TestMangler View Post
        At last, some understanding of the tory way has been shown.

        If you have two BTLs that you struggled and worked hard to get, you're f*ked. If you have a large national company, registered in Belize, looking after a network of 25000 let properties, a massive employee pension shortfall and a bunch of MPs as honorary board members, you'll be just fine
        With two BTL properties, how much profit you have left over - certainly not enough to get your MP to a nice dinner in a 5* hotel every couple of weeks and certainly not enough to make a donation that wouldn't be topped by a big corporate donor.

        Not even enough to join a member's club so you could influence some minds over a glass of Scotch.

        Any person from poor background cannot have a chance to escape. When many people realised they can get BTL properties and scale infinitely, this had to be plugged as too many ex-poor started to frequent rich people territory.

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          #14
          Originally posted by courtg9000 View Post
          Look at the amount of extra aggro landlords have had to put up with in terms of legislation and tax changes since 2010. They do not like landlords especially smaller ones.
          Rubbish. They just don't care and see a way of increasing tax revenue without increasing tax (apparently). It's all to do with the voting demographic.
          Down with racism. Long live miscegenation!

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            #15
            If you want your kids to be able to afford a house make sure there are more houses than buyers. seemples!

            Two choices.

            1. Build about 3 million houses and 300,000 a year going forward.
            2. have 6 million negative immigration one year and zero net immigration & births from then on.

            The Tories didn't start it, New Lie did, the Tories haven't had the balls to stop it.
            Always forgive your enemies; nothing annoys them so much.

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              #16
              Tories already stated that they won't do anything that would devalue the housing stock as that would be "unfair" to people who already own homes.
              To translate this from the classic Tory speak - they don't want to make housing cheaper because that will upset party donors. Especially those people who have hundreds or thousands of properties. They can buy any MP.

              Maybe if we had a functioning body that is looking into corruption, things would have looked differently.

              I think rather than changing the status quo, they may start campaigning that owning a home is not a necessity and people should be renting just fine.

              Couple of arguments they may use:
              - Current times require mobility - you don't want to be tied by expensive property that you won't be able to rent out when you are away (they may restrict such lettings and make it available only to big players)
              - You are your own landlord and that comes with responsibilities - carry all necessary repairs, improvements which costs money
              - Renting out won't bring significant profit unless you have hundreds of properties minimum

              They could add tax breaks for people who are renting to disincentive ownership further.

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                #17
                He is right up there with Lord Ashcroft, Dame Margaret Hodge, Hancock and our Dear Leader.
                I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

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                  #18
                  Originally posted by vetran View Post
                  If you want your kids to be able to afford a house make sure there are more houses than buyers. seemples!

                  Two choices.

                  1. Build about 3 million houses and 300,000 a year going forward.
                  2. have 6 million negative immigration one year and zero net immigration & births from then on.

                  The Tories didn't start it, New Lie did, the Tories haven't had the balls to stop it.
                  The other factor driving population growth is longevity.

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                    #19
                    Originally posted by xoggoth View Post
                    Stupid conception that all landlords are rich people. In fact many only have one property that is their only significant investment or their retirement income.

                    That's what a savings account is for... oh wait
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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                      #20
                      Originally posted by Old Greg View Post
                      The other factor driving population growth is longevity.

                      Which was already being combatted by lower birth rate.

                      The figures suggest that if we had not had massive migration from the late 90s then our population would have stayed the same or fallen.
                      Always forgive your enemies; nothing annoys them so much.

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