Gove going after the LLs

[Hancock]

1 minute ago, HousePriceMania said:

Yes, if he had he'd have been prime minister.

I wonder who talked him out of it....

He's just a thick cunt imho.

[HousePriceMania]

9 minutes ago, Hancock said:

He's just a thick cunt imho.

It's more complicated that that.  It's all about the party and not the individual. I'd wager there were a lot of high up Labour people with French holiday homes, bulgarian cleaners, mates working in banks etc etc etc, who had plenty to say on their EU position.

[Hancock]

11 minutes ago, HousePriceMania said:

It's more complicated that that.  It's all about the party and not the individual. I'd wager there were a lot of high up Labour people with French holiday homes, bulgarian cleaners, mates working in banks etc etc etc, who had plenty to say on their EU position.

Yes and he went along with them and lost the election.  There would have been those on the anti EU side and he fully ignored them.

Hence the thick cunt comment. 

Just another out of touch upper middle class bloke whose never got his hands dirty, and doesnt really like the English people who do.

[HousePriceMania]

3 minutes ago, Hancock said:

Yes and he went along with them and lost the election.  There would have been those on the anti EU side and he fully ignored them.

Hence the thick cunt comment. 

Just another out of touch upper middle class bloke whose never got his hands dirty, and doesnt really like the English people who do.

He should have come out 3 days before the election and said, he realise the mood of the nation and Labour would fully support leaving the EU then stuck to fingers up at the shysters stood behind him.

[Noallegiance]

34 minutes ago, Hancock said:

As Macca implies, we need a Corbyn esq govt to resolve this.

Pity he didn't stick to his lifelong position against the EU.

Blimey another one.

Yeah good idea. Replace the left dressed in blue with the left dressed in red.

For the umpteenth time there is nothing conservative about these conservatives.

Why do socialists always want to fix socialist problems with bigger socialism?

[Hancock]

1 hour ago, Noallegiance said:

Blimey another one.

Yeah good idea. Replace the left dressed in blue with the left dressed in red.

For the umpteenth time there is nothing conservative about these conservatives.

Why do socialists always want to fix socialist problems with bigger socialism?

You're a genius thanks for enlightening me.

If you had actually bothered to read the conversation you'd have seen it was discussing house prices and BTL, and whilst someone as superior as yourself doesnt think Corbyn would have crashed the housing market, i believe he would have hammered BTL, and crashed the housing market.

As i believe it has now been proven, Labour would have been better for those wanting a house prices crash; as for one a Corbyn govt wouldnt have given a SDLT holiday to fucken landlords.

Despite voting for Brexit, i was hoping Corbyn would have won in 2019, solely on the basis housing would become affordable ... as BTL landlords would have been a target ... meaning ordinary pleb can buy a fucken house at something vaguely resembling what local wages could afford.

So yes as you say i must be a full blooded commie to have that view when given the choice of Boris or Corbyn.

My answer is to allow people to build a house where the fuck they want, so piss off with your "Why do socialists always want to fix socialist problems with bigger socialism.", bollocks.

[Wight Flight]

1 hour ago, Hancock said:

If you had actually bothered to read the conversation you'd have seen it was discussing house prices and BTL, and whilst someone as superior as yourself doesnt think Corbyn would have crashed the housing market, i believe he would have hammered BTL, and crashed the housing market.

You are forgetting his potential chancellor was quite keen on second homes.

https://www.dailymail.co.uk/news/article-7423415/Shadow-Chancellor-John-McDonnells-idyllic-riverside-SECOND-HOME-Norfolk-Broads.html

The one correct fact here is that he is as thick as a donkey jacket.

[One percent]

4 hours ago, Hancock said:

Its £30bln.

https://www.landlordzone.co.uk/news/latest-government-spending-84m-a-day-on-housing-benefit-for-tenants/

Christ, just imagine the difference if they were pushing that amount of money into the productive economy 

[Wight Flight]

12 minutes ago, One percent said:

Christ, just imagine the difference if they were pushing that amount of money into the productive economy 

Range Rover sales would plummet.

[One percent]

1 minute ago, Wight Flight said:

Range Rover sales would plummet.

Would it matter?  It’s owned by a foreign entity and most of it probably built abroad. 

[Phil]

4 hours ago, Hancock said:

As Macca implies, we need a Corbyn esq govt to resolve this.

Pity he didn't stick to his lifelong position against the EU.

Labour only had to get out of bed with the imans and state we are out of Europe,  and the throne would have been his. Council house for all. Bubble popped. Shame. But imo, labour left me high and dry years ago.

[Hancock]

1 hour ago, Wight Flight said:

You are forgetting his potential chancellor was quite keen on second homes.

https://www.dailymail.co.uk/news/article-7423415/Shadow-Chancellor-John-McDonnells-idyllic-riverside-SECOND-HOME-Norfolk-Broads.html

The one correct fact here is that he is as thick as a donkey jacket.

Yes they're all very rich and crooked and liars, but there wouldn't have been a SDLT holiday to send the bubble to unimaginable heights.

[Wight Flight]

5 minutes ago, Hancock said:

Yes they're all very rich and crooked and liars, but there wouldn't have been a SDLT holiday to send the bubble to unimaginable heights.

No. There would have been an increase in LHA rates which would have done even more, and longer lasting, damage.

[Hancock]

53 minutes ago, Phil said:

Labour only had to get out of bed with the imans and state we are out of Europe,  and the throne would have been his. Council house for all. Bubble popped. Shame. But imo, labour left me high and dry years ago.

Its whether you think Tory totalitarian communists hypocrites are worse than Labour totalitarian communist hypocrites.

On the sole issue of housing Labour totalitarian communist hypocrites would have been the better option for the masses.

I just love this current Tory lot are against council housing as its socialist, but are for £30bln in housing benefit and rigging the property market with other peoples money as thats not socialist.

[Hancock]

1 minute ago, Wight Flight said:

No. There would have been an increase in LHA rates which would have done even more, and longer lasting, damage.

How the fuck would me and other people having to pay £100,000 more for a house that could be bought for £250k in 2020 be better than an alleged rise in housing benefit?

 

[Wight Flight]

13 minutes ago, Hancock said:

How the fuck would me and other people having to pay £100,000 more for a house that could be bought for £250k in 2020 be better than an alleged rise in housing benefit?

 

I think you might be exaggerating slightly there.

Why, logically, did the stamp duty holiday raise prices by more than the saving?

[Hancock]

1 hour ago, Wight Flight said:

I think you might be exaggerating slightly there.

Why, logically, did the stamp duty holiday raise prices by more than the saving?

Look if you havent bothered seeing what been going on in since May 2020 with house prices when the SDLT holiday came in then im not going to try explaining.

100k is about right.

[HousePriceMania]

2 hours ago, Wight Flight said:

I think you might be exaggerating slightly there.

Why, logically, did the stamp duty holiday raise prices by more than the saving?

Because...it's a....house price mania !!!!

[Wight Flight]

1 hour ago, Hancock said:

Look if you havent bothered seeing what been going on in since May 2020 with house prices when the SDLT holiday came in then im not going to try explaining.

100k is about right.

A 40% increase?

Odd that hasn't been covered.

Stick to the facts or you demean the whole argument.

[Hancock]

8 hours ago, Wight Flight said:

A 40% increase?

Odd that hasn't been covered.

Stick to the facts or you demean the whole argument.

I believe its been circa 12% increases reported for each of the last 2 years, so some places have stagnated and others have gone through the roof.

But you've come on here with fuck all worth adding, and then claimed a mythical rise in housing benefits is far worse than the epic house price inflation of the last 2 years.

It truly is a idiotic braindead statement that i should have just ignored.

[Wight Flight]

15 minutes ago, Hancock said:

I believe its been circa 12% increases reported for each of the last 2 years, so some places have stagnated and others have gone through the roof.

But you've come on here with fuck all worth adding, and then claimed a mythical rise in housing benefits is far worse than the epic house price inflation of the last 2 years.

It truly is a idiotic braindead statement that i should have just ignored.

There are numerous reasons for what has happened over the last two years - the stamp duty holiday being just once of them.

But if you really think there is no correlation between the rent an asset can command and the value of that asset then maybe I am not the brain dead one?

[DurhamBorn]

On 05/02/2022 at 18:51, spygirl said:

Its all debt.

 

I know four BTL landlords,none have any leverage,zero.There is lots of leverage in the sector,but also lots of equity.The ones getting out are the ones with no debt.Lots of equity will transfer out of the sector and be invested elsewhere.Asset managers will do very nicely out of it i think.

[spygirl]

Just now, DurhamBorn said:

I know four BTL landlords,none have any leverage,zero.There is lots of leverage in the sector,but also lots of equity.The ones getting out are the ones with no debt.Lots of equity will transfer out of the sector and be invested elsewhere.Asset managers will do very nicely out of it i think.

Youre probably more in the region of buying houses for cash.

Outside of the old mining areas its mainly - or was - IO BTL.

IN scabby, its quite common to come across some self employed tax driver, plasterer, etc etc whos carry 1m+ of IO mortgages.

Its insane.

 

 

[kibuc]

14 hours ago, Hancock said:

Yes they're all very rich and crooked and liars, but there wouldn't have been a SDLT holiday to send the bubble to unimaginable heights.

As much as I want housing to crash, SDLT is a shit tax that needs to go, completely. It's a tax on mobility and activity.

[Hancock]

4 minutes ago, kibuc said:

As much as I want housing to crash, SDLT is a shit tax that needs to go, completely. It's a tax on mobility and activity.

I agree to an extent, but it should be raised for landlords and 2nd homeowners, as they don't need to move for work.

It was the fact they got a SDLT holiday, at a time when more people than ever were priced out ... its a sick joke.