Wednesday, September 2, 2015
Check out the finanical hoods in your neighbourhood
Selling England by the offshore pound
Spotted in the Forum, have a look, very interesting but I cant work out why someone would buy (or state) a purchase value e.g. a leasehold terraced house in Warrington as £48,295,950 or a new build Flat on the outskirts as £16,028,500. Check out your neighbourhood.
9 thoughts on “Check out the finanical hoods in your neighbourhood”
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cyril says:
£16m for a flat in Warrington? Is there a Crossrail station nearby?
enuii says:
If these figures go into the land registry house price indecise they must surely distort them to a degree.
mombers says:
This is very useful info, I hope that various pressure groups of people who have been royally f*cked over, like the subjects of third world despots, will use this data to prod the authorities into investigating where the funds to purchase these properties came from. Given that anonymous ownership now comes with a hefty protection fee (ATED) it would be a doddle to prosecute the mysterious shell company of a home known to be occupied from time to time by a dubious character for money laundering. How exactly will they explain where the annual cheque for £218,200 (current max ATED band https://www.gov.uk/guidance/annual-tax-on-enveloped-dwellings-the-basics) comes from?
Then again, I fully expect the authorities to drag their feet – don’t want to upset anyone important!
icarus says:
mombers – investigating the finances of third world despots would indeed upset important people since those despots need first-world help to loot their countries and to turn that loot into first-world assets.
Janch says:
@3 and @4 completes the circle for our foreign aid money when it’s “reinvested” back into UK.
@1 LOL
sneaker says:
Interesting symmetry:
As an experiment in reductio ad absurdam does this extrapolate to the whole world living in the west?
I thought globalisation was meant to meant the opposite: prosperity for all, wherever they may already be, within their own cultures.
mombers says:
@5 I’d hardly say flooding into Europe. Top 5 host countries for refugees:
Pakistan 1,702,700
Islamic Rep. of Iran 886,500
Syrian Arab Rep. 755,400
Germany 571,700
Kenya 566,500
Jordan 451,000
Chad 366,500
China 301,000
Ethiopia 288,800
United States 264,800
This data is from 2011 though. But we’re in a lot better position to help these people than the countries above excl USA and Germany
icarus says:
@5 – add the economic migrants flooding out of indebted countries run by the ECB, IMF, Economic Stability Mechanism etc. where the countries groan under ever-rising debt, productive assets are privatised at firesale prices to insiders and downsized, and wages and benefits are cut to the bone.
letthemfall says:
Quite a contrast between the UK’s attitude to refugees from war and refugees from tax. The country is open for corrupt business.