Been thinking about this today. People already pay CGT on 2nd homes but given that housing is being used as an investment vehicle by virtually everyone in the UK, does it make sense to apply it to single homeowners too?

Would have to ignore the current govt's pledge to not raise taxes but with national debt at over 100% of GDP and us spending over 100 billion pounds a year in interest alone... not sure that is sustainable.

Thinking it through, house prices would fall since they would immediately be a less desirable commodity. Although they wouldn't plummet because houses still have intrinsic value and the supply of houses being sold would begin to dry up as people are dissuaded from selling.

The rental housing supply would increase in terms of properties since it would be more profitable to let them out than sell them. An increase in supply would reduce the cost of rent. It would need to come in with an increase in renter protection laws. Focusing on long term rented properties as family homes works well for other countries like Germany.

At the moment we've got a situation where people buy the most expensive house they can possibly afford because it has the best return of any investment by being exempt from CTG. In theory, people might buy more modest homes if they are buying and potentially could put more money into stocks/indexes which would stimulate the wider economy.

Anyway, this was more of a showerthought than anything else. What do you think?

Song has also aged badly but I wouldn't say it was ever good

I for one am disgusted at the idea

I guess they kinda have to do this, or you'd have to keep the same person on breakfast until they retired.

I always found it a little bit comfy that BBC pipelined a lot of the flagship presenters.
Steve Wright going from Radio 1, to Radio 2 as the listeners aged, for example.

On the way to kings Lynn this morning, It went on for like a solid 15 mins and I think we're missing a national sport

I would like to use part of my income to set up a regular monthly charitable donation. I have a couple of charities in mind but really I don't know where the money would be best spent to make a worthwhile difference.

My first thought was Cancer Research UK, but I don't really think my few quid a month will affect their £700m budget at all. Any smaller ones of good reputation?

Mine is literally being held together by two rubber bands.

Suggestions for a new one would be most welcome. Though to be clear, I'm not asking for an idealised wallet, I'm asking for the specific one that you have now that has lasted you X years without complaint

The more worn and frayed, the better

Edit: the above image is just a stock google photo

X posted from chapo social

cross-posted from: https://lazysoci.al/post/25709122

Since when is Chicken Tikka Masala our national dish?

If you were going to sell your house tomorrow, what would influence your decision the most?

Assume that the difference in money offered isn't that wide, and it comes down to personality.

Who would you want living in your house right now?

• Married couple?
• Same religion or beliefs ?
• Ties to the area?
• Type of work (Banker? Social worker?)
• Same cultural background?
• Has physical skills?
• Asks a lot of questions about the house?
• Wears formal attire?

I need ideas guys, I've got my first house viewing tomorrow and I'm pretty low on the ideal candidate ladder.