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I think the economic situation in the UK is far worse than ppl think.
Liverpool value retailer B&M is seeing its troubles continue as annual profits plummet 47.3% to £227m
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Ashley Osborne | PRSim | AngelBrics | LEXIT 🇦🇺
21.3K posts
Ashley Osborne | PRSim | AngelBrics | LEXIT 🇦🇺
@proptechpioneer
Founder | PRSim
- I’m a landlord spent all day re-plumbing an apartment does it count as working?
- I have listened to a few @garys_economics recently his message seems to be ‘I am a super clever multimillionaire , you are not and therefore everything will be terrible for you” Am I missing something?
- they should knight this bloke - it would make more sense than some of the others...Over the last week, TfL have quietly started cleaning graffiti from the Bakerloo line. Just goes to show what a group of motivated citizens can achieve. This is great progress, but the job is far from done. Join the Cavalry - let's get Britain back on track.
00:00 - Replying to @climatebabesYep I am just interesting to hear it trail on news that it’s not work
- Replying to @Victoria_SprattThe issue is these taxes will ulitimately just end up doing the following: 1 - reducing rental supply (meaning many tenants would not have access to housing) 2 - increasing rent on remaining stock There are far more sensible solutions.
- Replying to @moving_charlieThe issue is he has built a product for a mkt which simply doesnt exist - I see these every day. He should have renovated on v low spec, rented on LT tenancy to council and packaged and sold. Eng prop mkt works only for v poor or v wealthy.
- Whether by design or not Engand is building a property mkt which works for the very wealthy and poor but no one in between.
- Adding NI to rental income would likely create significant CGT receipts for the government. The extra tax on income would likely push many BtL landlords to such a financial position that they will have no other option but sell. RRB will mean the likely buyer the tenant.
- if a vendor advertises a property worth £85k for £100k and a buyer buys it for £90k they didnt get a 10% discount they paid 5.8% over market value
- National Dbt as % of GDP - UK 97.9.% - Aus 34.9% - NZ 37.4%
- Replying to @DanNeidleI think the answer is more likely. 99% of Brits would be happy for someone else to pay more tax if nurses got a pay rise.
- A lot of very wealthy ppl are going to make a lot of money in the English property market. #HousingCrisis
- Replying to @_bumpus_hound_Its double brick chased to 40m - whats your point?
