@BBCBreaking I really done see landlords as contributing to our economy, they suck life out of it
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@forjimmyboy I hear your point. U know the song 'Video killed the radio star' by#Thebuggles the 'BTL investors killed the 1st time buyer'.
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@BBCBreaking@BBCNews this hammers those who might want a BTL but leaves alone the wealthy who have property portfolios. -
@Arganaut To tackle those with property portfolios you would need a different tax. An obvious candidate wd be a land value tax. -
@IanMoules agree but then some folks have expensive property buy may not be super rich. Is this tax for just 2nd properties or all i.e. 3rd? -
@Arganaut As I understand it for all "additional" properties, so pay higher stamp duty for 2nd, 3rd, etc. Tho seen no details as yet. -
@IanMoules ok thanks.
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@BBCBreaking big rental increases then to those of us with no option but to privately rent#spendingreview#nothappy -
@allisonjspicer
@BBCBreaking That's inevitable. New laws have been introduced for Landlords in Oct 2015, another comes in Feb 2016!
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@BBCBreaking landlords have to accept this will improve the economic future for all without passing the increase on to already high rentsThanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking win for existing landlords: fewer new landlords = fewer properties to rent, decreased supply + same demand = higher prices!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking stamp duty is already ridiculous though - 1 more reply
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking direct tax on pensions - just in time for when changes allow release of pension potThanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking about 20 years later than needed.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking Make it retrospective for past 30 years and then he might be talking turkey.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@BBCBreaking@BBCNews what about 3rd or 4th homes??Thanks. Twitter will use this to make your timeline better. UndoUndo
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