BTEC Margaret Thatcher

Call me: him/he/her/she/they/thou/thee/thine/daddy

STONK numba ONLY go up!

Favourite hobby is excessively borrowing money to quietly abolish the pound 💸

[BTEC Margaret Thatcher @BTECMaggie]

@moving_charlie Scheme costs £40m apparently. Given the Welsh Gov has consistently missed housing targets, perhaps building more social housing would better utilise this money rather than pricing out FTBs already enduring an abudance of second homeowners and a low-income, tourism-based economy.

[BTEC Margaret Thatcher @BTECMaggie]

@WelshGovernment Thanks for giving me an excellent reason to justify voting Tory. Don't blame the government; blame the idiotic, dunderheaded Swansea-Cardiff nationalist sheep who voted this lot in when it was on their manifesto.

[BTEC Margaret Thatcher @BTECMaggie]

@B31Bowden @DearJuliukas @MartinSLewis Multiple ways:

- Downsize property and then take an annuity
- Use equity release products
- Put savings into high-interest savings accounts or bonds rather than keeping <1% high-street accounts

Leaving a large inheritance is less important than keeping pension cost down, imo

[BTEC Margaret Thatcher @BTECMaggie]

@MartinSLewis Even as someone who may vote Conservative because Labour have a terrible housing record and seem to not care about inflation now, the key issue is clearly how you ascertain a degree's value. No government should control study choices; it could lead to dark places with bad motives

[BTEC Margaret Thatcher @BTECMaggie]

@TO_echte_liebe @kolhub @MartinSLewis Based on the fact this guy believes monkey jpegs have value, the BoE is probably doing the right thing 🤣

[BTEC Margaret Thatcher @BTECMaggie]

@moving_charlie My question is why would you buy a BTL nowadays with all the risk and work involved, especially at small scale, when you can sit on your hands in bonds and get over 5% risk free? Seems like a no brainer.

[BTEC Margaret Thatcher @BTECMaggie]

@Wunderbuck @zarahsultana As a famous politician once said: "Politics is economics, stupid"

[BTEC Margaret Thatcher @BTECMaggie]

@moving_charlie That core figure today will really sting, not only higher rates to come but also for longer I suspect.

Given the monetary policy lags these hikes' effects are going to come through all the way into late 2024 / early 2025.

Brutal for new first time buyers and new BTL.

[BTEC Margaret Thatcher @BTECMaggie]

@Conservatives Lmao only dropped because base effects from Ukraine invasion came out the YoY figure 😂

I love selective data picking :D

[BTEC Margaret Thatcher @BTECMaggie]

@saintjimjim @MayorofLondon Indeed, but the opposition can still use their political power to influence the incumbent government.

Immigration is not universally a bad thing, it is good in most circumstances, but with a government unwilling to invest in infrastructure, it's bad for both parties.

[BTEC Margaret Thatcher @BTECMaggie]

@financialjuice Meanwhile Nationwide says +0.5% MoM for April 2023 lmao

[BTEC Margaret Thatcher @BTECMaggie]

@JustStop_Oil @UN @IEA Middle-class white socialites on their way to a Just Stop Oil protest be like 😏

[BTEC Margaret Thatcher @BTECMaggie]

@DangerMouse543 @MayorofLondon Majority can 😂 ULEZ is a regressive tax generating most revenue from lower-income groups

[BTEC Margaret Thatcher @BTECMaggie]

@mikecosgrove @lizzyandersonuk Privatise the gains, socialise the losses 🤡

[BTEC Margaret Thatcher @BTECMaggie]

@calcleveland @RachelReevesMP Will never come I'm afraid - Labour were actually worse for house price inflation (tripled 1997-2007) during their last office than the tories currently are! (not even doubled 2010-today). They also built fewer council houses (albeit Tory numbers are woeful too).

[BTEC Margaret Thatcher @BTECMaggie]

@QP12Guy @Hftrader1987 @RichardJMurphy @D_Blanchflower @CDawg55617516 Imagine crying about -6% real interest rates 🤖

[BTEC Margaret Thatcher @BTECMaggie]

@moving_charlie Raising interest rates may be a blunt tool but watching property speculators / influencers lose everything will never stop being funny 🤣