@BigSwizz89@BladeoftheS Tax owed in London alone, would then effectively be paid by the tax payer. I just can’t see anyway that will happen. Which is why the system is about to change. I may be wrong obviously.
@BigSwizz89@BladeoftheS If you look at the fairer share tax proposal, landlords or their limited companies would be liable for a 1% (just under) tax on the properties value each year. Obviously landlords world want to offset that by passing it onto the the tenant in which case approx 30% of the total
@marklevinshow Russia is advancing on every front in every sector. Ukraine has launched some western supplied drones at Russian infrastructure. How is Ukraine winning?
@BigSwizz89@BladeoftheS Cap the amount they will pay for housing benefit and that’s only the first step. The end is coming for landlords. You accuse me of being a”leftist”, I’m not! You also think the government should continue to handover billions to artificially inflate the housing market 🙄🙂
@BigSwizz89@BladeoftheS 30% of tenants in London are reliant on the government to pay all or part of their rent. that needs to end and it will end especially given the state of the countries finances. What happens to property/ rental prices and by extension landlords then?
@BigSwizz89@BladeoftheS I’ve got 19 properties Krishan, all with tenants, what am I then? Look, I’m started to offload them, property isn’t my main business and I can see the end is coming. The housing market is broken and it’s not sustainable.
I’m as right wing as they come but I can accept reality
@BigSwizz89@BladeoftheS I am a landlord, are you thick? It was luck, I was in the right place at the right time save as most landlords, fix the housing market and landlords aren’t necessary
@BigSwizz89@BladeoftheS I am a landlord, I was lucky enough to buy when housing was relatively cheap with zero deposits. That’s true of most landlords, we were just lucky. Stop elevating landlords to some noble status. The housing market is a mess now
@narindertweets@darrengrimes The population of India increased from 30 million to over 300 million during British rule due to the introduction of modern agricultural practices which ended the regular famines which routinely saw millions starve to death