Monday, July 14, 2014
Last throw of the dice?
New family loans
This reminds me of the 99 year mortgages in Japan just before the collapse of property prices a mortgage you could have for life! And pass on to your kids....end must be close now
Posted by taffee @ 09:22 AM (3365 views)
7 thoughts on “Last throw of the dice?”
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mombers says:
Funny, if a company offers a subsidised / guaranteed loan, it’s counted as Benefit in Kind and taxed. So once again, just so long as you don’t actually work for it, there’s no punishing tax.
libertas says:
Benefit in kind can be tax free and avoid inheritance tax. This, along with allowing folk to cash in their pensions, will add to the housing boom, since the only places to go are equities and property. Particularly when commodities are slumping.
khards says:
Whoopie – a rigged market, I could make millions by investing in a HouSa fund!
http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=ICFF5R&univ=B
that’s how it work’s isn’t it? Everyone will become rich from the wealth produced.
hpwatcher says:
since the only places to go are equities and property
equities hahahahahahahahahahahahahahahahahahahahahahaha
alan says:
The prices of equities keeps going up. However, the earnings are dropping. In “the old days” it would be time to sell. These days, when prices are being manipulated on a daily basis “who knows”.. …
khards says:
@alan – just like houses.
Earnings (real) are still going down, whiklst prices are going up. All manipulated by centeral banks (FFL) and centeral government. If governmnet stepped back from rigging markets then the whole lot comes tumbling back to normality.
hpwatcher says:
The prices of equities keeps going up. However, the earnings are dropping. In “the old days” it would be time to sell. These days, when prices are being manipulated on a daily basis “who knows”.. …
The vix sums it all up. The market is DEAD, with prices at an all time high!