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At least Blair and Brown didn't introduce tax changes that directly fuelled real estate speculation.

Um, SIPP's? PIF's / REIT's anyone? Tax relief on interest and maintenance/agency costs?

The real estate speculation is driven mainly by an oversupply of cheap credit & underperforming stock markets - the same as everywhere else.

No->

halving of capital gains tax, negative gearing and generous depreciation allowances which act like an after burner to the real estate boom.

Exactly.

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I have had a chat with a friend in Oz.

You can invest in Australian property as an outside investor provided it is a new property. You cannot buy a second hand property.

And not suprisingly you cannot take advantage of the Australian FTB'er scheme where you get thousands of dollars towards your fist property.

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* Thanks to John Howard racism is now accepted as OK and normal.

Do you think that calling anyone and everyone a racist may have played a part in this.

You know what they say about smoke and fire

Too many people in the public sector are non-white and this is especially visible in the NHS. Now we know I’m a racist so maybe you can go on explain why we have this imbalance without resorting to myths about the white people not wanting these jobs and shouting racist

Silence ……………

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Do you think that calling anyone and everyone a racist may have played a part in this.

Indeed: when people with perfectly reasonable and understandable opinions are immediately called 'racists', it merely devalues 'racism'.

These kind of boogey-man tactics may work in the short term, but in the long term they make matters worse. The best way to get a whacko party like the BNP elected is to call reasonable people 'racists' and ignore their concerns...

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  • 442 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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