crown Posted August 6, 2008 Share Posted August 6, 2008 (edited) http://thecrownblogspot.blogspot.com/2008/...stamp-duty.html I swear she is a bear now Edited August 6, 2008 by crown Quote Link to comment Share on other sites More sharing options...
Home_To_Roost Posted August 6, 2008 Share Posted August 6, 2008 (edited) She's right! (). Stamp duty is chicken sh#t money! A 1% reduction in house prices equates to ..... 3/8ths of f' all Edited August 6, 2008 by Home_To_Roost Quote Link to comment Share on other sites More sharing options...
crown Posted August 6, 2008 Author Share Posted August 6, 2008 I thought she would at least say that at this stage anything was welcome to encourage some buyers back into the market. Rather she has her weary look and almost says 'why bother the Titanic is going down' Quote Link to comment Share on other sites More sharing options...
uncle_monty Posted August 6, 2008 Share Posted August 6, 2008 She has the demeanor of a broken woman. Imagine how you'd feel after publicly swimming against the tide, whilst privately knowing how grim house price prospects are. I almost feel sorry for her. Almost. More generally, the public and media backlash against the SD tinkering plan, looks to effectively killed it at birth. It would be a desperate and obstinate Chancellor (ultimately Brown) that would press ahead now. Quote Link to comment Share on other sites More sharing options...
kool4caats Posted August 6, 2008 Share Posted August 6, 2008 More generally, the public and media backlash against the SD tinkering plan, looks to effectively killed it at birth. It would be a desperate and obstinate Chancellor (ultimately Brown) that would press ahead now. Another U-turn ahead, maybe? Quote Link to comment Share on other sites More sharing options...
crown Posted August 6, 2008 Author Share Posted August 6, 2008 Another U-turn ahead, maybe? A U-turn on a non announced policy - only Labour could manage such incompetence. This has sown the seed now though of a stamp duty bribe. Now that the media has headlined this, FTB will be witting on their hands even more so. When will Labour realise that everything they do has the opposite effect? Quote Link to comment Share on other sites More sharing options...
faloos Posted August 6, 2008 Share Posted August 6, 2008 http://thecrownblogspot.blogspot.com/2008/...stamp-duty.htmlI swear she is a bear now She has been taking the dosh and hoping like everyone else that it will all end happily ever after. They are all the same at that level. They have to come out of the crack in the wall sometime and show their colours !!! Quote Link to comment Share on other sites More sharing options...
Leonard Hatred Posted August 6, 2008 Share Posted August 6, 2008 Another U-turn ahead, maybe? It's more of a sine wave than a U-turn! Quote Link to comment Share on other sites More sharing options...
faloos Posted August 6, 2008 Share Posted August 6, 2008 It's more of a sine wave than a U-turn! Even a sine wave has a negative portion ! Quote Link to comment Share on other sites More sharing options...
Dr Elk Posted August 6, 2008 Share Posted August 6, 2008 It's more of a sine wave than a U-turn! a sine of the times? Quote Link to comment Share on other sites More sharing options...
faloos Posted August 6, 2008 Share Posted August 6, 2008 a sine of the times? Its all very cyclical isnt it but it comes in phases ! Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted August 6, 2008 Share Posted August 6, 2008 It's more of a sine wave than a U-turn! more like a slime wave if you ask me Quote Link to comment Share on other sites More sharing options...
kool4caats Posted August 6, 2008 Share Posted August 6, 2008 Actually, probably not so much a U-turn, as a '3-point' turn in a street that's not wide enough, frantically crunching the gears and bumping into things, with a queue of impatient traffic forming. Quote Link to comment Share on other sites More sharing options...
crown Posted August 6, 2008 Author Share Posted August 6, 2008 Actually, probably not so much a U-turn, as a '3-point' turn in a street that's not wide enough, frantically crunching the gears and bumping into things, with a queue of impatient traffic forming. so many u-turns now that nobody knows what is or is not policy or what is or was proposed policy. total mess. Quote Link to comment Share on other sites More sharing options...
crown Posted August 6, 2008 Author Share Posted August 6, 2008 The BBC have added this now http://news.bbc.co.uk/1/hi/business/7546195.stm Quote Link to comment Share on other sites More sharing options...
big_jay Posted August 6, 2008 Share Posted August 6, 2008 The BBC have added this nowhttp://news.bbc.co.uk/1/hi/business/7546195.stm Some estate agents have told the BBC that purchasers are holding back till they know whether a stamp duty holiday will take effect. Even more are holding back for the Market to Crash. EA are thick. Quote Link to comment Share on other sites More sharing options...
the anti krust Posted August 6, 2008 Share Posted August 6, 2008 so many u-turns now that nobody knows what is or is not policy or what is or was proposed policy. total mess. Or whos policy. Quote Link to comment Share on other sites More sharing options...
grey shark Posted August 6, 2008 Share Posted August 6, 2008 Some estate agents have told the BBC that purchasers are holding back till they know whether a stamp duty holiday will take effect. purchasers ............ what purchasers ? Where are they ? Who are these purchasers that these EA's speak of ? Quote Link to comment Share on other sites More sharing options...
Country solicitor Posted August 6, 2008 Share Posted August 6, 2008 And in the meantime what little momentum was left in the housing market will completely collapse as anyone mad enough to want to buy anything puts off the decision until the government makes up its mind what it is doing. Quote Link to comment Share on other sites More sharing options...
crown Posted August 6, 2008 Author Share Posted August 6, 2008 purchasers ............ what purchasers ? Where are they ? Who are these purchasers that these EA's speak of ? They are mad dogs. But they are around. I met one last week. I almost fell off my chair as he explained the wisdom of his overpriced Brighton flat purchase. I call him 'repo boy' now Quote Link to comment Share on other sites More sharing options...
stevie1969 Posted August 8, 2008 Share Posted August 8, 2008 And in the meantime what little momentum was left in the housing market will completely collapse as anyone mad enough to want to buy anything puts off the decision until the government makes up its mind what it is doing. As Flint showed last night on newsnight - the goverment is a shambles on this stamp duty - If Fionnuala does not like it then what next? Quote Link to comment Share on other sites More sharing options...
Mr Yogi Posted August 8, 2008 Share Posted August 8, 2008 only Labour could manage such incompetence. Not quite. Remember Nigel Lawson abolishing double MIRAS - and giving several months notice of the new system coming in? Result - monster HPI as everyone dived in to beat the cut-off. Followed the next year by a crash! Labour don't have the monopoly on incompetence. Quote Link to comment Share on other sites More sharing options...
crown Posted August 9, 2008 Author Share Posted August 9, 2008 Not quite.Remember Nigel Lawson abolishing double MIRAS - and giving several months notice of the new system coming in? Result - monster HPI as everyone dived in to beat the cut-off. Followed the next year by a crash! Labour don't have the monopoly on incompetence. I agree that although Labour appear to have a monopoly on incompetents at the moment, there have been plenty of other incompetent actions by politicians. I would disagree about Lawson's actions though. Although they were proved incompetent in hindsight, they were deliberate at the time. In the same way that Lamont's stamp duty holiday did more harm than good in 1992. But these actions were all decisive and deliberate although incompetent. Labour's actions have been indecisive, unwanted, leaked and incompetent. Lawson's biggest crime was to ignore money supply surging massively leading to high inflation and high interest rates. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.