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PeanutButter

Let’s stop lining housebuilders’ pockets and tax them instead

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https://www.theguardian.com/commentisfree/2018/nov/09/housebuilders-tax-jeff-fairburn-bonus-windfalls

Quote

For politicians and the press, Fairburn’s fall is a morality tale: a story of jaw-dropping greed unchecked by a supine board of directors, who couldn’t even plumb in a proper incentive scheme. This is both true and beside the point. As a collector of big bonanzas, Fairburn is hardly alone, either within his company (his interim replacement, David Jenkinson, scooped a bonus of more than £40m) or his industry. But the larger issue is that much of the money pocketed by the housebuilding bosses comes from you and me and everyone else who pays taxes.

 

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Persimmon don't provide anything other than overpriced small buildings that they sell to gullible people for ridiculously overinflated prices.

£75 million, meanwhile the people who buy these sh1tholes get a lifetimes worth of debt to pay back to the bent banking system.

All rats together, leeching off others productive work......banks, house builders. politicians.

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  • 153 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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