- Joined
- Oct 23, 2013
- Messages
- 5,497
- Reaction score
- 2,632
Absolutely, but when you write a policy (to solve the problem) its harder. "Beauty is in the eye of the beholder" visavis "eyesore"
Isn't Capital Gains Tax just an income tax at a lower rate for those that have money?Yup. My folks are landlords. And they're about to get hit massively with CGT if the rumours are true.
Landlords are ditching their properties really quickly at the moment.
I lived in Blackpool in the 90s. Frankly, there are many places I'd rather live too - it's grim. And these days it's much grimmer than it used to be.
Weirdly, a couple of hotels apart, Blackpool hasn't taken many refugees in - mainly apparently thanks to the 2 Conservative MPs. You'd have thought it was ripe for taking them on.
Policy could be any building that has been empty for X amount of years, is boarded up, is attracting rats etc, I am sure the council's lawyers could come up with something
This really is an issue. Good point.
There are numerous cases, where the narrow view and budget free planning t**ts stimee development with pointless, expensive & mandatory requests.
... And then they are surprised when the building deteriorates and becomes an eyesore.
Well yes and no.Isn't Capital Gains Tax just an income tax at a lower rate for those that have money?
Why shouldn't it be at the same rate as income tax?
But we need the miles of sprawling housing. Hence why Labour have said they'll open up Brownfield sites.But you have the flip side of the issue that the gap in land value between commercial and residential is so big that landlords will let commercial properties go derelict ("whoops, this pub caught on fire, wonder how that happened?") for years in order to persuade the planning authority that they should be allowed to turn it into flats at a massive profit.
Then you end up losing all your pubs, shops, services etc and just have miles of sprawling housing.
The incentive to do that really needs to be removed.
Those who keep saying "Good, it's great the Landlords are selling up. The prices will drop" are absolutely kidding themselves. It's happening and prices aren't dropping. Our children are now getting 35 and 40 year mortgages instead.
Absolutely.Absolutely.
Are the current plans to build more are a joke too.
They don't seem to realise private landlords & their investment are part of the solution to the housing issue, and not the root of the problem.
... to give away.but no-one wants to build them).
That wouldn't be the case here. Yes there were a number of "affordable" houses, but it was slightly different game.... to give away.
They spent a lot of money on brochures and a fancy website (which is no longer but archived)
Sad but true. I got out of the property rental game 2 years ago. Stress and hassle wasn't worth the ££.I sort of get what you mean chippy.
But if you convert them to "bedsits", there are now a huge number of regulations and very expensive work needed for thing like fire alarms, sprinklers, electrical safety, that escalate rapidly if the building has more than 2 floors.
Coupled with the ceiling rental cost it's just not worth doing.
In spite of what the press say I think all these extra rules & costs have caused a lot of private landlords to sell up/reduce their holdings, which isn't helping rental costs.
Which leaves the bigger landlords hoovering up these properties and creating move of a monopoly. And before people say, a lot of these properties are not suitable/undesirable for a first time buyer.
Enter your email address to join: