Keumars Afifi-Sabet

Technology editor @LiveScience. NCTJ-qualified @NewsAssociates. Irony enthusiast. Sarcasm specialist. Views own. Pitches: [email protected]

[Keumars Afifi-Sabet @Keumars]

@danwootton You and your colleagues obsessed over this incredibly niche story for weeks and blew it up into an international scandal. Another chapter in the dumb culture wars. The scrutiny was excessive, disproportionate, and its relentless nature was unique to this individual. Heartless.

[Keumars Afifi-Sabet @Keumars]

@LeaderInvests So it's going to chop a little more then collapse?

[Keumars Afifi-Sabet @Keumars]

@dannycheng2022 What if you're already very long lol?

[Keumars Afifi-Sabet @Keumars]

@fundmyfund Any reason for this beyond the chart pattern and 'goes up big' so 'comes down big'? I'm (very) long but irritated by the hype that took it to $230 on basically no news.

[Keumars Afifi-Sabet @Keumars]

@scottjelfs @DuxVul2 @tetmin Although history isn't a good indicator of the current system and projected behaviour because I believe the hyperinflation of the housing market completely distorts outcomes. Le's agree to disagree here.

[Keumars Afifi-Sabet @Keumars]

@scottjelfs @DuxVul2 @tetmin This all depends on the overall housing supply and many assumptions. Landlords today may not be able to stomach price changes, but to say buy-to-let landlords won't exist disregards the fact that many new landlords will certainly enter a much fairer and more balanced sector.

[Keumars Afifi-Sabet @Keumars]

@scottjelfs @DuxVul2 @tetmin If house prices come down, as we established could happen, rents won't remain as proportionally high. The sector would also attract new buy-to-let landlords after stabilisation due to the lower barrier of entry (lower house prices). Council house building program will happen.

[Keumars Afifi-Sabet @Keumars]

@scottjelfs @DuxVul2 @tetmin How exactly? Especially with plans to build more council houses underway.

[Keumars Afifi-Sabet @Keumars]

@scottjelfs @DuxVul2 @tetmin Yeah I'm pretty sure people can still rent.

[Keumars Afifi-Sabet @Keumars]

@fundmyfund @BBCPolitics Ha. Because his kids are in school and will benefit from not being pulled out, his wife has a high-flying job as a marketing exec. Etc. But the PM in the UK primarily needs to work from London. So seems a fair arrangement!

[Keumars Afifi-Sabet @Keumars]

@fundmyfund @BBCPolitics I hope you're joking lol? His family's staying up north while he's commuting between London and Manchester.

[Keumars Afifi-Sabet @Keumars]

@ianwhl1882 @cristo_radio @BROKENBRITAIN0 @GaryChadwicks Yeah. £3 per year. Woah now, how ever could those homeowners afford it.

[Keumars Afifi-Sabet @Keumars]

@DuxVul2 @tetmin If property prices decrease then renting is less necessary as buying becomes more feasible to many.

[Keumars Afifi-Sabet @Keumars]

@cristo_radio @BROKENBRITAIN0 @GaryChadwicks Isn't that £2,400 figure just the average for Band D - not across all the bands?

That 600k homeowner would be better off in absolute terms, based on the real figures. I don't think it's a problem that people with less expensive houses will be better off under the changes.

[Keumars Afifi-Sabet @Keumars]

@cristo_radio @BROKENBRITAIN0 @GaryChadwicks Not really. The average UK house price is £271,295. https://t.co/6fnXK4zrZD

Band E council tax in Havering, for example, on a property worth £600,000 is currently £2,963.47.

The new 0.48% levy would make it £2,880 per year.

[Keumars Afifi-Sabet @Keumars]

@cristo_radio @BROKENBRITAIN0 @GaryChadwicks So 80% would be better off? Sounds terrible.

[Keumars Afifi-Sabet @Keumars]

@brodders_be So you prefer keeping Stamp Duty in place?

[Keumars Afifi-Sabet @Keumars]

@Kaizen_Investor Yeah, was thinking the same... anything more than a circa 80-90% drawdown during this rough patch while the fundamentals remain strong would feel... excessive.

[Keumars Afifi-Sabet @Keumars]

@RupertMyers This probably took their media team like three minutes, get some perspective.