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UK 'best for offshore investment'


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Posted (edited)

This is why ordinary British folks can't afford to buy any properties in and around London?

Uk the country with no regulations, hence why a lot of property in and around London is bought by foreigners laundering money got through I'll gains. My personal view is that you should be a uk resident to buy property in the uk. That would stop places like London becoming the playground for the international rich.

Try Redcar...

http://www.theguardian.com/business/2015/oct/02/ssi-redcar-steel-workers-80m-lifeline

Fantastic Racecourse......

Even better soon without the smog... giggle.gif

Edited by Basil B
Posted

I really don't think she's got her finger on the pulse with this one. Missed the boat.

There's a socialist feeling sweeping the country with Jeremy Corbyn leading the Labour Party.

People are growing tiresome of no social or affordable housing & being pushed into the private rental market at a cost of 40/50% of their salaries.

With Labour now offering social housing boom akin to after the war & rent controls to stem inequality, if they get in the private sector will be shot & only deprecate.

The only thing holding property prices up is a 20% deposit guarantee by the tax payers to buyers because the banks aren't stupid enough to mortgage in an economy built on sand unless covered by a 20% drop in house prices. That says it all & loud.

Reading's been done to death. The riverside has been developed the length & breath the smart money's moved onto pastures new.

Sounds like an interview from 20 years ago.

Posted

I really don't think she's got her finger on the pulse with this one. Missed the boat.

There's a socialist feeling sweeping the country with Jeremy Corbyn leading the Labour Party.

People are growing tiresome of no social or affordable housing & being pushed into the private rental market at a cost of 40/50% of their salaries.

With Labour now offering social housing boom akin to after the war & rent controls to stem inequality, if they get in the private sector will be shot & only deprecate.

The only thing holding property prices up is a 20% deposit guarantee by the tax payers to buyers because the banks aren't stupid enough to mortgage in an economy built on sand unless covered by a 20% drop in house prices. That says it all & loud.

Reading's been done to death. The riverside has been developed the length & breath the smart money's moved onto pastures new.

Sounds like an interview from 20 years ago.

Simply talking up the market...... hopefully this will push the prices up if other Thais purchase. Then they can dispose of their assets at the higher price.

Posted

I really don't think she's got her finger on the pulse with this one. Missed the boat.

There's a socialist feeling sweeping the country with Jeremy Corbyn leading the Labour Party.

People are growing tiresome of no social or affordable housing & being pushed into the private rental market at a cost of 40/50% of their salaries.

With Labour now offering social housing boom akin to after the war & rent controls to stem inequality, if they get in the private sector will be shot & only deprecate.

The only thing holding property prices up is a 20% deposit guarantee by the tax payers to buyers because the banks aren't stupid enough to mortgage in an economy built on sand unless covered by a 20% drop in house prices. That says it all & loud.

Reading's been done to death. The riverside has been developed the length & breath the smart money's moved onto pastures new.

Sounds like an interview from 20 years ago.

Simply talking up the market...... hopefully this will push the prices up if other Thais purchase. Then they can dispose of their assets at the higher price.

Cannibalistic.

Will no-one else listen to them....

Posted

In a country where the ruling elite deliberately hold the supply of property down to an absolute minimum so that those who already have a piece of the action can profit at the expense of the poor (I'm talking about the UK here), good luck with your sentimental ideas that demand should be capped on the basis of some airy-fairy fairness ideals applied to foreigners!

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