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#161
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On Mon, 22 Dec 2003 18:26:20 -0000, "Mikael Armstrong"
wrote: Very true, so why not let people build a few more houses in such areas? Try the nationalised planning system courtesy of the town and country planning act 1947. A spiteful piece of legislation whose only purpose was to outlaw the mechanism by which 1.5+ million privately built, financed and *affordable* houses in the 20s and 30s. Couldn't have that doncha know. It not an 'efficient use of resources' (sic), you have to keep them poor and dependent so they'll keep voting socialist. Nimbies and bananas also love it as it' a morass of centrally planned bureaucratic process which can be exploited to frustrate obtaining the necessary consent. The T5 public inquiry or taking 8 years to put a 2nd runway at Stansted are prime cases in point. The main problem is the lack of supply that is driving up the prices. If you were to believe the CPRE, the SE is currently like downtown Hong Hong during the rush hour, when the reality is that approximately 15% of the land within 1 hours commute of charring cross is built on. greg -- Once you try my burger baby,you'll grow a new thyroid gland. I said just eat my burger, baby,make you smart as Charlie Chan. You say the hot sauce can't be beat. Sit back and open wide. |
#162
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#163
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#164
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![]() "Cast_Iron" wrote in message ... "nightjar .uk.com" nightjar@insert_my_surname_here wrote in message . .. "Cast_Iron" wrote in message ... ... But they don't spend more cash. Everyone has certain needs, once those needs are met their surplus cash sits in the bank or wherever they choose to put it. I think you will find the definition of what constitutes those 'certain needs' changes with income. To a degree true, but any individual only requires a certain amount of food and the other basics of life. The point is that someone with a holiday home in a different part of the country is depriving that local economy of the same level of income that a permanant resident would put in. I buy a second house. I won't be spending much time there, so, as I won't have time to do the decorating myself, that, along with a few repairs, have to be done by a local builder. I'm not moving an existing house, so all the furniture, tv, hi-fi, video etc, have to be bought locally. How many years' food shopping will a permanent resident have to do to put the same amount of money into the local economy? Then, of course, there are the ongoing costs. I will need both a gardener and someone to clean the house, if I want to prevent things getting out of hand while I am away. That is without even spending any time at the house. You will also find that most rich people don't leave their money sitting around as surplus cash. At the moment, private investors are probably the easiest way for small to medium size businesses to get capital for new ventures. Undoubtedly true, but not pertinent to this thread. If you have money to invest in a business, you want to have confidence that the business plan is realistic, which means that someone you know is more likely to get it. If you have two homes, that is two communities where you are likley to know people and the chances are that the second home is likely to be in an area where investment is needed more. Colin Bignell |
#165
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Oliver Keating wrote:
Because people who own 2 houses are clearly very rich, and the rich should be targeted for tax for two reasons: 1) Social justice = jealousy |
#166
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Cast_Iron wrote:
"Doki" wrote in message ... "Oliver Keating" wrote in message ... 2) It would actually be impossible to raise enough revenue if everyone was taxed to the same %age because the rich provide a disproportionately large chunk of revenue. But if you reduce the tax burden surely you encourage enterprise, which moves more money around the economy and thus you still get your tax. I am not an economist, but AFAIK there are still arguments about high vs low tax ![]() revenue per capita as they're spending and earning more cash. That was Thatcher's theory, it didn't work. It worked fine for some of us thank you very much (age 42 and semi-retired) |
#167
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Purditer wrote:
"Robin May" wrote in message .4... "Purditer" wrote the following in: Why is always that the people who are most against second homes are those who cannot afford them? Jealousy? (No I cannot afford a second home) So what are you saying? That people should be encouraged to buy second homes by making them cheaper? Because all I was saying in the post you have replied to is that second homes are an inefficient allocation of resources and so should not be encouraged by taxing them less. The state should stop interfering and let people allocate their own resources. People who have second homes are less burden in these areas as they use the local doctors, schools, libraries far less than the locals. So knocking the house down so that no one can live there at all must be the next logical step. |
#168
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Mikael Armstrong wrote:
"Robin May" wrote in message .4... Living many miles away from where you work and having to travel a long distance to get there is something that should be discouraged. Not encouraged so that the rich can buy another castle and leave it empty for most of the year. Very true, so why not let people build a few more houses in such areas? The main problem is the lack of supply that is driving up the prices. errrr, no. The only thing driving up house prices is greed. |
#169
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Purditer wrote:
Why is always that the people who are most against second homes are those who cannot afford them? Jealousy? Of course |
#170
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Clive George wrote:
"MrBitsy" wrote in message ... Get on the council list, live there for a few years and get a discount. While your doing that, go back to school and improve yourself. If you can't get a council house then tough - join the rest of us. I waited two years for mine. I lived there for 17 years and got a nice discount on the property. There speaks a man who has no idea of the current state of social housing in this country. Things are somewhat different to the way they were 20+ years ago. Thanks to his Goddess. |
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