@FollowingFX @j0nathandavis Some of the BTLers likely to spend big on Luxury Dressing Gowns, given their forum posts how they spend most of their days in their Dressing Gowns (working their BTL businesses & providing homes to the young). :p
@rentrebel Watched 5 mins Eastenders tonight; Masood trying it on to grab most of tenant's deposit with bogus made-up reasons. I see Shepperson uses that wealthy homeowner fav tactic how "once-upon-a-time most ppl were renters", with all her concern about rental market contracting. #HPC
@JediEconomist Back To Basics vs Poppins: Kid, I’ve flown from one side of this galaxy to the other. I’ve seen a lot of strange stuff, but I’ve never seen anything to make me believe there’s one all-powerful Force controlling everything. There’s no mystical energy field controls my destiny!
@SOLZ_ZYN@BlandUnsight@nvrwhr All the joke BTL tax-reliefs need to be withdrawn immediately. Make BTL Landlords actually pay proper tax instead. Any tax-reliefs should go to first-time-buyers, with homeownership having plummeted for young, priced out to extremes & by spiv investors with multiple homes.
@dannydorling Amusing in a way; so few having stomach to push back against so many long wrongs, indeed claiming 'innocence' (15+ yrs BTL spiv greed taking millions of homes to create GenRent, HPI+++ worship, QE £100s Bns);.. so Liz Truss as Lord Chancellor, Toby Y's appointment to board. 📈
@richardbranson A wise person learns from other's mistakes.
'The Entrepreneur One' talking 'failure' in a closed shop walled QE £Hundreds of Billions citadel of protectionism for the elites and crony corporatism. HPI worshipping Rentier Economy. Failure should be punished not bailed out.
“Nothing has such power to broaden the mind as the ability to investigate systematically and truly all that comes under thy observation in life.” - “progress for a rational mind means not accepting falsehood or uncertainty in its perceptions, making unselfish actions its only aim https://t.co/jtiSBySG3f
@bygeorgist @TheBubbleBubble@DA_Stockman And in Stockman's pt 2 article, certainly worth noting the pullbacks from peak 'new normals / new paradigms' of past - my focus was mostly on that when I retweeted; and few can argue with proven events in numbers/falls from previous peaks.
@bygeorgist @TheBubbleBubble@DA_Stockman Stockman; yes I have awareness to his background. However time can cause some reflection/wisdom, and I have to use many a source to glean bits and pieces from. Even monitor the BTL forums for on occasion they reveal an honest truth worth noting (from anti-BTL side). :)
@MattWhittakerRF There should be anger. TV reports of young people just 'saddened' how they've been to university and "you want to get ahead but find you will never own your own home." Then some laughing parents saying "I'm going to spend it all" #Power#BrokenSystem#HPI#HomesNotInvestments
@MattWhittakerRF Together with the Protection of HPI 'anti-suffering' leagues of the Vested Interests/Trolls and Soft-Hearts. Some 6/10 owners with no mortgage at all, but they point to some owners having mortgages, claiming 'suffering if prices fall' - wanting GenRentYoung to carry it all.
@MattWhittakerRF "And there seems to be a subset of existing homeowners intent on trying to convince younger generations that they're horribly entitled to believe they should half-the-chance at homeownership as their elders did. This is incredibly distasteful to say the least." @nvrwhr
@MattWhittakerRF And a system where (on the whole) your all prosperity depends on how housing wealthy your parents/relatives are on death - or can sub you when alive out of their housing mega-wealth. What about those from large families/poor parents/family? It's almost #acceptance out there.
@MattWhittakerRF It's a totally broken system that young people (on the whole) so priced out of homeownership while older generations been cheering their mad-gainz from housing 'investments'. QE/Zirp all protected mad-gainz 'what it is worth' housing HPI++ greed sickness.
@TheBubbleBubble@NegDiscountRt@mark_dow It's build up over course of the boom that causes the bust. The boom IS the bad times. The bust is just the bad times coming to an end. I need the boom-lovers to get a knock-back; their own market view & they fully own it. Want to buy a home at fairer price? Bust = Good Times.
@TheBubbleBubble@NegDiscountRt@mark_dow Where I disagree with you JC is the 'coming crisis'. The crisis is NOW. You refuse to be complicit in NY housing bubble, having to move areas! Others glee-happy at 'what their homes/real-estate investments are worth'. Market-turn; you really going be all 'hugz' to boom lovers?
@SOLZ_ZYN@Sean_x_Larkin@theresa_may Not more knowledgeable than you Solzhenitsyn; however I have 2 sources of my own, but recall even better papers on the matter.
And of course, it's all welcomed by HPI++ Forever Winnerz, 2 million BTLers with 5 million rented out homes etc etc.
@Sean_x_Larkin@SOLZ_ZYN@theresa_may Sean; since 2000 not been able to build houses faster than BTL investors have been buying them up.
With hot zirp QE BTL favourable tax treatment housing financialisation, can build millions more & still get HPI+++.
Give me HPC instead. My landlord has home+ 5 x £400K+ homes.