tag:blogger.com,1999:blog-1141932539860553199.post1326981980191991518..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Reader's Letter Of The Day (2)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-1141932539860553199.post-67034467488487951102014-01-21T10:04:56.864+00:002014-01-21T10:04:56.864+00:00Kj, yes of course, well spotted. Whether NMB gets ...Kj, yes of course, well spotted. Whether NMB gets monthly interest payments or the government gets monthly LVT payments does not make any difference.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-46211034149371510822014-01-21T09:06:32.881+00:002014-01-21T09:06:32.881+00:00... and when LVT is implemented in full, govt can ...... and when LVT is implemented in full, govt can merrily write off all those debts over and above the changed house-price (if that's the case).Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-80388320316423025042014-01-21T08:20:11.486+00:002014-01-21T08:20:11.486+00:00B, correct.B, correct.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-2345549540074344202014-01-21T07:11:15.093+00:002014-01-21T07:11:15.093+00:00Because the whole idea is to cut in the middleman....Because the whole idea is to cut in the middleman.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-64721279828109114942014-01-20T22:05:39.694+00:002014-01-20T22:05:39.694+00:00D, I'm always a bit wary about "the gover...D, I'm always a bit wary about "the government" doing stuff, but why lend taxpayers' money to banks interest-free so that the banks can on-lend at 3% or 4% to borrowers?<br /><br />Why not lend straight to borrowers at 3% and cut out the middleman?Contact YPPhttps://www.blogger.com/profile/08638179351162537562noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-84522307963487322162014-01-20T21:03:21.060+00:002014-01-20T21:03:21.060+00:00The more backdoor, frontdoor or sidedoor methods o...The more backdoor, frontdoor or sidedoor methods of introducing LVT, the better. A National Mortgage Bank sounds good to me. Gives the consumer a bit more choice too.Derekhttps://www.blogger.com/profile/06296053477905542366noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-90910870994254696112014-01-20T20:07:06.144+00:002014-01-20T20:07:06.144+00:00DBC, thanks for dropping in. Our putative National...DBC, thanks for dropping in. Our putative National Mortgage Bank is just LVT by the back door. <br /><br />JH, OK, how about voluntarily offering to purchase ag land at a 20% uplift to market value? It's still tuppence ha'penny once they've abolished agricultural land subsidies.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-3831618307678974662014-01-20T20:04:17.901+00:002014-01-20T20:04:17.901+00:00compulsorily purchasing land at agricultural price...compulsorily purchasing land at agricultural prices<br /><br />= theft.James Highamhttps://www.blogger.com/profile/14525082702330365464noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-12797561146239005712014-01-20T19:26:16.030+00:002014-01-20T19:26:16.030+00:00Ironically there seems to be a lot of this kind of...Ironically there seems to be a lot of this kind of talk about at the moment: about new towns and development corporations -all in the past few days.<br />Mark's sketch of National Mortgage Bank seems to me to indicate a link-up between arguments about banks and the arguments about development.Lets hope he develops the sketch up to blueprint scale.And publishes it mainstream.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-50849114574555359382014-01-20T18:43:38.509+00:002014-01-20T18:43:38.509+00:00Cat. Pigeons. Well done.Cat. Pigeons. Well done.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com