Be honest please.

[Zep]

I believe, if I'm allowed to enter an opinion based on reading and research, that the stamp duty reforms of recent years was to make it more gradual rather simply on bands.
The doubling of stamp duty was purely aimed at multiple property investors buying properties but keeping them empty as they would increase in value due to the natural market inflation of late. Effectively making empty flats a commodity, keeping rents high due lack of supply.

It's all going to go Pete Tong when Brexit occurs and armageddon ensues... BUT don't worry, it's not the end of the world.

The doubling of stamp duty was just aimed and 2nd or more homes, by definition it has no impact on whether the property remains empty or not. Councils now deciding to charge full council tax on unoccupied properties has done something about this, to a lower level.

The net impact of the SDLT change has been to reduce the migration of owner occupied properties into the rental market, which was a fair part of the market liquidity. Now there are fewer properties for sale which supports prices, but less housing stock in the rental market.

I personally won’t be buying any more, that particular game is finished, but what I have will continue to be worth something as it is unlikely that there will ever be a surplus of housing stock in the medium term.

As for cars, you pay your money and take your choice. Whether you buy outright or finance, we all do it to enjoy the fruits of our labours.

 

[lifes2short]

some valid points there, even in the current conditions/market it's still worth buying properties, although they are harder to come by at the right price they are still a good investment to have, I can touch them and see them, unlike stocks/shares that scare the h-ell out of me and not my game

 

[BennyD]

Oh, of course! - I'd forgotten that. Well, I'm sure someone will be along to be offended soon.

Bollocxs to them, bloody snowflakes.

 

[Zep]

Bollocxs to them, bloody snowflakes.

He said offended, not offensive....

 

[BennyD]

That’s not offensive; I was keeping it clean to avoid upsetting the ba5tards.

 

[Needamaser]

That’s not offensive; I was keeping it clean to avoid upsetting the ba5tards.

Nice to see you are back

 

[Contigo]

This forum! Wankers the lot of you!

Joking, love you like my family!

 

[BennyD]

Really? They all hate you. And the ones that don’t, should.

 

[Contigo]

Really? They all hate you. And the ones that don’t, should.

There's always an exception! No names eh?

 

[Felonious Crud]

This forum makes me laugh, lots. Keep up the good work!

 

[midlifecrisis]

Anyway, borrowing money to buy a car is bad. It gives people a false sense of your materialistic buying power.

Discuss.... Go!

 

[Felonious Crud]

Buying power is also determined by the ability to finance things (such as a loan), so does swanning round in an unnecessary car not then give an accurate sense of buying power irrespective of how said car was paid for? Perhaps what it does it provide a better barometer of our

• Tolerance of risk
• Insecurity and need to be admired
• Love of fine cars
• Desire to pi5s off current spouse
• Tiny peni5
• Disdain for the environment
• etc

?

 

[midlifecrisis]

Buying power is also determined by the ability to finance things (such as a loan), so does swanning round in an unnecessary car not then give an accurate sense of buying power irrespective of how said car was paid for? Perhaps what it does it provide a better barometer of our

• Tolerance of risk
• Insecurity and need to be admired
• Love of fine cars
• Desire to pi5s off current spouse
• Tiny peni5
• Disdain for the environment
• etc

?

To answer the above

I'm not a natural risk taker.
I've never been to Tenerife let alone Elevenerife
Yes and motorcycles
She loves it immensely
See above answer
I don't have a disdain for the environment at all, I have a greenhouse, forage apples and blackberries, and walk rather than drive. However I have a Maserati, I am a hypocrit.

 

[Felonious Crud]

To answer the above

I'm not a natural risk taker.
I've never been to Tenerife let alone Elevenerife
Yes and motorcycles
She loves it immensely
See above answer
I don't have a disdain for the environment at all, I have a greenhouse, forage apples and blackberries, and walk rather than drive. However I have a Maserati, I am a hypocrit.

So the conclusion one can draw is that you're mostly a nice guy but riddled with internal angst and conflict regarding your green credentials. I reckon you can argue that an older Maser which gets driven infrequently is far less of an environmental disaster than a Tesla, which is jammed full of brand new components freshly plundered from Mother Earth. Perhaps we all should start shouting "******* environment terrorist arsehole" at Tesla drivers to air our disdain for their atrocious attitude to the future of our planet.

 

[hoyin]

It is the nickel mining that is an environmental disaster.

The sulphur dioxide emitted by nickel factories is what needs to be looked at.


Sent from my iPhone using Tapatalk

 

[FF1078]

So we've gone from how we finance our cars through mortgages and are now on to climate change.

What a drift!

 

[midlifecrisis]

So the conclusion one can draw is that you're mostly a nice guy but riddled with internal angst and conflict regarding your green credentials. I reckon you can argue that an older Maser which gets driven infrequently is far less of an environmental disaster than a Tesla, which is jammed full of brand new components freshly plundered from Mother Earth. Perhaps we all should start shouting "******* environment terrorist arsehole" at Tesla drivers to air our disdain for their atrocious attitude to the future of our planet.

Thank you Dr Crud. Got me in one and you didn't have to ask me about my mother!

 

[midlifecrisis]

So we've gone from how we finance our cars through mortgages and are now on to climate change.

What a drift!

Posted by our German friend, Eberhard on his Facebook page, loosely translated as "See that brown coal fired power station, that is the exhaust of your father's new electric car'

 

[Felonious Crud]

Thank you Dr Crud. Got me in one and you didn't have to ask me about my mother!

Oh, it was just a cheap opportunity for you to note that Mrs midlifecrisis is a perfectly content woman. Well done! ;-)

 

[Ian3200]

Only ever bought, with loans in the early days... but thinking about finance/leasing next time because of the cheapness of money