Threshold on the eviction ban

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Bit of a conflict here.
 
Bit of a conflict here.
My comment was a bit tongue in cheek. I'm rarely accused of being a socialist, though from your perspective it would be a fair comment.

My ideological bias is that I believe in equality of opportunity so taxing unearned gains is better than taxing earned gains.
 
Shouldn't we all be leaving our ideological biases at the door in resolving this issue, you know as you said yourself in comment #41?
 
Shouldn't we all be leaving our ideological biases at the door in resolving this issue, you know as you said yourself in comment #41?
Yes, we should. If someone shows me evidence that increasing property tax doesn't reduce house prices then I'll change my opinion.
 
Yes, we should. If someone shows me evidence that increasing property tax doesn't reduce house prices then I'll change my opinion.
Totally beside the point.

As a country, we have lost our way on ensuring housing availability as everyone has an ideological axe to grind and politicians prefer not to take any action that means they might lose support and votes. This is the 15th year since 2008 and at the current rate of going we can expect to wait another 15 before nettles will be grasped and reasonable levels of housing availability are achieved.
 
What do you think we need to do in order to provide that reasonable level of housing?
 
What do you think we need to do in order to provide that reasonable level of housing?
Again that's beside the point and in any event I've told you plenty of times previously.

I don't care what they do. I just want it done. It's long past time.
 
But CGT relief only comes in to play when the property is sold.
Of course! But many people have multi-decade investment horizons.

The CGT relief approach is very easy to implement and was done before. There is no upfront cost.

What you are proposing is a whole new category of income taxation which Revenue and DoF have made very clear they have no appetite for.
 
Again that's beside the point and in any event I've told you plenty of times previously.
You've said that we should reduce/remove regulation on building. I think, within reason, that would help but I don't think it would come anywhere near to solving what is an international problem.
I don't care what they do. I just want it done. It's long past time.
That's a bit vague and contradictory.
 
You've said that we should reduce/remove regulation on building.
Why did you ask me again this morning for my opinions if you knew in advance what my opinions are, wasting everyone's time?
I think, within reason, that would help but I don't think it would come anywhere near to solving what is an international problem.
It's only an international problem because the same policies are increasingly being followed everywhere. The UK for example is right now copying our ban on no-fault evictions, even though our record in the meantime should be no model for anyone.
That's a bit vague and contradictory.
It's also true. The State employs enough experts to come up with solutions. It's up to them to do more than collect their monthly payslips. I literally don't care at this point if they release every murderer and rapist in the country's jails and have them build houses if that would work.
 
Why would you create wealth if you are going to lose it by retention?
I too am a bit of a socialist and would go further than just taxing landlords or granting 10 year leases. How about compulsory purchase orders on land within a 20k radius of cities and build modular homes? Bedroom taxes in corporation/council properties. Social housing for a fixed term. Property tax (similar to council tax in London) for tenants with long leases. Rents linked to salary.
 
Why did you ask me again this morning for my opinions if you knew in advance what my opinions are,
Because your solution won't solve the problem. It will just somewhat alleviate a symptom.
wasting everyone's time?
Lovely.
It's only an international problem because the same policies are increasingly being followed everywhere. The UK for example is right now copying our ban on no-fault evictions, even though our record in the meantime should be no model for anyone.
No, it's an international problem because every government printed money to avoid the consequences of the last crash, then did it again during Covid. The international housing shortage is a consequence of that.
That wouldn't work.
 
Because your solution won't solve the problem. It will just somewhat alleviate a symptom.
I'm not here to argue about the potential solutions I'm advanced on other threads in the past. Please *again* stop...
wasting everyone's time

No, it's an international problem because every government printed money to avoid the consequences of the last crash, then did it again during Covid. The international housing shortage is a consequence of that.
Yes, pretty much what I said:
an international problem because the same policies are increasingly being followed everywhere.
 
Why would you create wealth if you are going to lose it by retention?
We're not talking about wealth people created. We're talking about the inflation of that wealth due to money printing by international central banks.
In the decade and a half since the last crash we used QE to more than double the amount of money in the world. Almost all of that money went to people over the age of 45. That's the problem. We replaced the lost wealth of older people by making up money and giving it to them, replacing the money they had in the banks, replacing the money their pension funds held in stocks and shares and re-inflating the value of their homes. That halved the value of labour relative to capital. That's why young people can't afford houses and why house prices have grown so much relative to earnings.

The rest is just a discussion about the symptoms of that problem.
 
I'm not here to argue about the potential solutions I'm advanced on other threads in the past. Please *again* stop...
So you're not here to offer or defend your own opinions, just to say that the government should do "something".
Yes, pretty much what I said:
No, it's entirely different to what you said. You said that increasing rent controls and regulations are causing the problem and that removing them is the solution. That's incorrect.
 
No, that's a separate problem.
 
symptoms of that problem.
My doctor can't cure an underlying condition; they can however alleviate symptoms with medication.

No point in me stamping my feet, refusing meds & insisting they stop treating my symptoms & go find a cure.
 
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