tag:blogger.com,1999:blog-1141932539860553199.post2410450520673129624..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Home-Owner-Ist understands economics - shockMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-1141932539860553199.post-36510161829165389002022-09-25T11:10:07.879+01:002022-09-25T11:10:07.879+01:00B, I know, there is always a wobble or two before ...B, I know, there is always a wobble or two before the real big bust until it seems like the boom is unstoppable. Hold your nerve. People always say "but it's different this time" but it hasn't been for centuries.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-46551998851716528222022-09-24T13:41:03.407+01:002022-09-24T13:41:03.407+01:00"House prices will continue going up until 20..."House prices will continue going up until 2025 or 2026."<br /><br />Hmm, just how hard and fast is the eighteen year rule? Lower disposable incomes and higher interest rates are bound to make prices start to come down, which will gum up the market nicely, it always does. With four years to go, that could be but a blip, or it could be the snowball that starts the avalanche. I think this winter will be crucial, especially if it is a cold one.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-36085334552127539772022-09-22T12:11:22.841+01:002022-09-22T12:11:22.841+01:00LF, good point.
As between first time buyers and...LF, good point. <br /><br />As between first time buyers and "last time sellers" (heirs selling up and splitting the proceeds), SDLT is neutral and I am rather indifferent.<br /><br />For sellers/buyers/movers, SDLT is a slap in the face.<br /><br />LVT is of course neutral between all these parties.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-83014160520929978012022-09-22T12:05:26.267+01:002022-09-22T12:05:26.267+01:00PS I would say that the effect on HPI is not a goo...PS I would say that the effect on HPI is not a good thing which is why I would support LVT replacing stamp duty and other such taxes.<br />L fairfaxhttps://www.blogger.com/profile/12274756119129254373noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-31629645208516028332022-09-22T11:55:47.940+01:002022-09-22T11:55:47.940+01:00Wouldn't it make moving cheaper though? If so...Wouldn't it make moving cheaper though? If someone has a home worth x and needs to move to another house worth x in a different town.<br />Isn't getting rid of stamp duty a really good thing for people who have homes and need to move to similar priced homes?<br />It does happen, fortunately not to me.L fairfaxhttps://www.blogger.com/profile/12274756119129254373noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-19035019731114101662022-09-22T11:16:01.552+01:002022-09-22T11:16:01.552+01:00L, yup.
B, nope. House prices will continue going...L, yup.<br /><br />B, nope. House prices will continue going up until 2025 or 2026.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-18492194916304647412022-09-22T07:31:42.061+01:002022-09-22T07:31:42.061+01:00No one is going to take the slightest notice.No one is going to take the slightest notice.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-52682053643476236032022-09-21T15:42:47.486+01:002022-09-21T15:42:47.486+01:00My first thought when I saw the idea announced on ...My first thought when I saw the idea announced on Guido...but remember they are 'tories'... i.e. rent seekersLolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.com