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Interesting quote in the I paper today " The problem is that the Chancellor is creating the illusion of recovery by giving the addict more drugs " seems to put it better than I ever could

Here's a contraversial idea ... Put an immediate seizure on Banked Land with Planning permission . any that has been undeveloped for more than say 3years, compulsory purchase it , then using the money left from Thatchers 'Right To Buy' scheme ----- build social housing .. after all , the...

I can see your point , BUT - wouldnt it be better to encourage investment in some form of Manufacturing .... say like Ermm ---- Germany ? That way we end up with a far more stable economy , far less prone to inward investment produced Bubbles

A- BTL buyers compete with each other at auction ? B- properties dont even get that far and are sold 'pre-market' C- they will get their money back by letting out [they can go higher & simply raise rents when interest rates rise again] D- simple economics - more people chasing the same few...

Simples my friend - they can consistently outbid FTB's , this is whats been happening locally for years - if the properties even reach the open market before the estate Agents tip the wink to the big landlords [ as an ex carpet fitter i've seen this in action many times ] then all they have to...

Very little hurts BTL , their market power is such that they can outbid FTB's becuase they are garuanteed an income from the same people they have pushed aside .. And pay cash for the same old properties that were the lifeblood of FTB's in the past [ now they wont need too, the goverment will...

One does have to wonder how many 3yr old distant relatives of Mp's and large private landlords will suddenly find themselves the proud owners of new properties ? My suscpison is that the recent 'expansion' of the scheme was fed out to certain people to take advantage of before mere mortals get...

Are the Homes that are no longer being rented going to be destroyed then ? the 2 levels balance out to some extent surely ? and the local high rents causing Housing Benefit to be payed to NonUK taxpayers declines if BTL's are sold