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Post by johnofgwent on Apr 4, 2023 7:03:16 GMT
www.bbc.co.uk/news/uk-politics-65167914His disastrous choice to equalise the tax benefit enjoyed by those living in sin but denied to the married couple of multiple MIRAS relief by not giving it to everyone individually but terminating multiple claims, AND doing that not immediately but giving six months notice CAUSED a housing boom and subsequent crash accompanied by negative equity that would take DECADES to right itself. But somehow the BBC chooses to ignore that.
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Post by Vinny on Apr 4, 2023 11:25:14 GMT
Negative equity was more of a problem after John Major replaced him, took us into the ERM and crashed the economy, something Nigel Lawson had warned against.
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Post by Steve on Apr 4, 2023 11:28:23 GMT
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Post by jonksy on Apr 4, 2023 12:55:58 GMT
What's tasteless about it? |
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Post by Bentley on Apr 4, 2023 13:12:37 GMT
Look it up in your dictionary ….. sanctimonious adjectiveDEROGATORY making a show of being morally superior to other people. |
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Post by Deleted on Apr 4, 2023 20:01:56 GMT
Oh dear JoG, consider yourself told off by a sanctimonious person who does not approve of your language. Sanctimonious poster at his most pathetic. I've already posted on the other thread about Nigel Lawson, I hadn't realised his career coincided with a housing crash. |
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Post by johnofgwent on Apr 8, 2023 11:28:41 GMT
Oh dear JoG, consider yourself told off by a sanctimonious person who does not approve of your language. Sanctimonious poster at his most pathetic. I've already posted on the other thread about Nigel Lawson, I hadn't realised his career coincided with a housing crash. Yes, its funny how some people forget just how ‘brilliant’ he was. To jack prices up by 110% and then tank them by 30% leaving christ knows how many thousands in negative equity, trapped in unsellable homes took quite some brilliance |
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Post by wassock on May 18, 2024 20:29:53 GMT
www.bbc.co.uk/news/uk-politics-65167914His disastrous choice to equalise the tax benefit enjoyed by those living in sin but denied to the married couple of multiple MIRAS relief by not giving it to everyone individually but terminating multiple claims, AND doing that not immediately but giving six months notice CAUSED a housing boom and subsequent crash accompanied by negative equity that would take DECADES to right itself. But somehow the BBC chooses to ignore that. There's an old saying, "It doesn't matter how good you are/were, you're always an asshole in someone's story". |
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Post by Red Rackham on May 19, 2024 14:02:10 GMT
www.bbc.co.uk/news/uk-politics-65167914His disastrous choice to equalise the tax benefit enjoyed by those living in sin but denied to the married couple of multiple MIRAS relief by not giving it to everyone individually but terminating multiple claims, AND doing that not immediately but giving six months notice CAUSED a housing boom and subsequent crash accompanied by negative equity that would take DECADES to right itself. But somehow the BBC chooses to ignore that. There's an old saying, "It doesn't matter how good you are/were, you're always an asshole in someone's story". Wassock! There's a word I havent heard in a long time. Welcome to the forum, Wassock, lol. |
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Post by borchester on May 20, 2024 12:29:03 GMT
Negative equity was more of a problem after John Major replaced him, took us into the ERM and crashed the economy, something Nigel Lawson had warned against. True, but then John is unduly sensitive to even the most minor blows to his wallet.
Lawson cut income tax, opposed the EU, ERM and the climate change industry and had accordingly, all the virtues. As for negative equity, that is bollocks. The housing market has always lurched from boom to bust. If you have any sense buy a house in an area and among people that you like. If you are having a bit of a flutter then good for you, but remember that shit happens.
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Post by Vinny on May 20, 2024 12:41:06 GMT
Biggest housing boom and bust in recent history occurred between 1997 & 2008.
It eclipsed the housing bust of the 80's by a long way.
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Post by borchester on May 20, 2024 15:01:48 GMT
Biggest housing boom and bust in recent history occurred between 1997 & 2008. It eclipsed the housing bust of the 80's by a long way. Possibly, but it does not alter the fact that there is not much that can be done about it. If governments could control the housing market they would because it is such a fantastic vote winner. But they can't and just end up being the prey of the dimwittery of the conspiracy industry. |
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Post by patman post on May 21, 2024 17:52:06 GMT
www.bbc.co.uk/news/uk-politics-65167914His disastrous choice to equalise the tax benefit enjoyed by those living in sin but denied to the married couple of multiple MIRAS relief by not giving it to everyone individually but terminating multiple claims, AND doing that not immediately but giving six months notice CAUSED a housing boom and subsequent crash accompanied by negative equity that would take DECADES to right itself. But somehow the BBC chooses to ignore that. Not quite on topic, but I never understood why it was ever OK for anyone renting money to buy a house to live in got tax relief, while anyone borrowing money to pay their rent didn’t… |
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