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About yadayada

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    HPC Veteran
  1. First Time buyer - Questions

    It's a wealth tax, and as is often said, one that can't be evaded since mansions cannot be smuggled out to the Cayman Islands or similar. Youre in favour of a cap on income tax?
  2. First Time buyer - Questions

    Social welfare for rich people. A shamefully regressive form of taxation where the poor subsidise the rich. Perhaps direct rule will correct this anomaly. Or maybe income tax will be capped, because we can't have the high earners paying more for those same services as everyone else?

    Is the implication here not a tax liability on sale of appreciated asset? Of course if he never sells it, it'll never be subject to capital gains tax.

    It depends on how you define "a few years". Would 1996 be about right?

    Unless he goes on ahead and builds a house on it, and lives in it for three years, yes. An appreciation like that seems a bit hard to believe. What happened?
  6. Buy or ( wait ) Rent ?

    It's a bubble waiting to be underpinned.
  7. Buy or ( wait ) Rent ?

    I suspect he means someone on the dole.
  8. Buy or ( wait ) Rent ?

    Sounds like he's already achieved a certain level of financial success. He's probably making a reasonable income before he gets out of bed.
  9. Buy or ( wait ) Rent ?

    That's the median. What's the average?
  10. Buy or ( wait ) Rent ?

    Don't forget those on below average incomes will in many cases never be in the housing market. Therefore the average house ought to be somewhat cheaper than those bought by the average owner occupier.
  11. Buy or ( wait ) Rent ?

    What do you reckon your percentage gain to be in those 4 years?
  12. Buy or ( wait ) Rent ?

    No one. Brexit - anyone prepared to stick their neck out and say it's just not going to happen? I'd say there's a fair chance of it.
  13. After the General Election- Now What?

    Yes, indeed. How about another election at £150 million? Why does she need to make an alliance with the DUP? There's no way they're going to back JC. Surely she can plough ahead with her minority government, certain of their support. Until the next election, of course. And she hasn't visited grenfell yet.
  14. Bt9

    They're well paid, but not that well paid. Surgeon with a legacy, possibly.