Absolutely no time for SF but they couldn't be as bad as this shower of incompetent morons.The problem is that whatever they do is going to likely drive votes to the shinners as shinners will be all over it with what should have been done with their magic chest of limitless finance.
A replacement set of competent morons could indeed be worse and more dangerous than the current set of incompetent morons.Absolutely no time for SF but they couldn't be as bad as this shower of incompetent morons.
All of them are culpable in politising housing for their own agendas.Absolutely no time for SF but they couldn't be as bad as this shower of incompetent morons.
The current system where the tenant has all the rights and the landlord cannot evict in a timely manner, if the rent is not paid, is not fair at all. I'm all for fairness but it has to work both ways. We've been really lucky that it hasn't happened to us, but Iots of small landlords have been crippled with it.Not for those who had zero rights of tenure, unreturned deposits, repairs not done etc.
Property ownership and letting is a business; regulation in a well run society is to be welcomed as benefiting all.
The existing all party consensus is the root cause of the current crisis. It's impossible to reach a consensus with ideologues and fruitcakes except on their terms. The consensus should be thrown in the bin with great force and replaced with proper leadership.All of them are culpable in politising housing for their own agendas.
An all party approach is whats required to reach consensus and solution.
Waiting to use this for votes in the ext election is most likely what will happen.
My bad soThe existing all party consensus is the root cause of the current crisis. It's impossible to reach a consensus with ideologues and fruitcakes except on their terms. The consensus should be thrown in the bin with great force and replaced with proper leadership.
They can't, because to do so would reveal the extent of their own collective failure.My bad so
You would think and hope they could all manage to collectively put this to bed so they could move on with the simpler politicsl things.
You hit the nail on the head.They can't, because to do so would reveal the extent of their own collective failure.
You also have those who bought and were given cgt exemptions if they held for a set period of time.I can sort of see the logic behind a CGT exemption if you sell a rental to a local authority/approved housing body but I can’t see the logic of an exemption if you sell to your tenant (as opposed to somebody else’s tenant).
Having said that, a lot of “accidental” landlords and amateur investors that bought at the height of the property bubble still don’t have any latent capital gains so this possible measure wouldn’t be of any relevance to this substantial cohort.
It all feels like a kite to keep some landlords hanging in there. I don’t think it will work.
I would weight the probability of paying no CGT at something like 1% based on those criteria so would discount it completely in any decision making. They are talking about it boosting supply?It all feels like a kite to keep some landlords hanging in there. I don’t think it will work.
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