New Band Aid release for Ebola

[russycarps]

There are some pretty brutal stories out there. Landlords having to take 2nd and 3rd jobs to cover their costs and being subjected to stasi like interviews once a month where the bank tries to find part of the contract you have broken so that they can demand full payment back or repossess the house. Not that I have much sympathy either.

yeh and there are even more brutal stories than that. I recall reading an article about rates of suicide among landlords suring the crisis being amount the highest of all professions. But it was countered by the statement that threat of eviction was the leading reason given for suicide overall...

It's a nasty, hateful business. But I accept there always needs to be a rental market. It just needs to be more stringently regulated.

There's a few jobs I could never ever do, and landlord is one of them.

abattoir worker

copper

estate agent

bailiff

landlord

fluffer

everything else is fair game.

[gary1979666]

I don't think there's a hard and fast rule, but would imagine that in most cases here Neil is right in the cost getting passed on and reductions not. Yeah there'll be exceptions, but would imagine that a lot of those are down to poor planning/management of their rental business. Not every tiny cost will be added on but that'll be why there's no reduction or a nice round number increase - they'll all get soaked up that way, plus a bit of profit or buffer for future cost increases, as they won't get an immediate increase in rent as soon as a new cost appears, they could wait a few months depending on the contract.

[lost]

I don't think there's a hard and fast rule, but would imagine that in most cases here Neil is right in the cost getting passed on and reductions not. Yeah there'll be exceptions, but would imagine that a lot of those are down to poor planning/management of their rental business. Not every tiny cost will be added on but that'll be why there's no reduction or a nice round number increase - they'll all get soaked up that way, plus a bit of profit or buffer for future cost increases, as they won't get an immediate increase in rent as soon as a new cost appears, they could wait a few months depending on the contract.

I completely accept some landlords are better at managing costs than others but that wasn't the original statement. In the case of the mansion tax I would expect most landlords splitting £2m houses into say two £1m flats and avoiding the tax all together you'll probably get a situation similar to stamp duty where there are say very few transactions just over the 3% level but loads at £249k. Those properties at that level will disappear from the market.

[gary1979666]

I completely accept some landlords are better at managing costs than others but that wasn't the original statement. In the case of the mansion tax I would expect most landlords splitting £2m houses into say two £1m flats and avoiding the tax all together you'll probably get a situation similar to stamp duty where there are say very few transactions just over the 3% level but loads at £249k. Those properties at that level will disappear from the market.

Of course there'll be some wangling at the £2m threshold, unless they're selling, there's no reason for them not to.

However the costs of converting a £2m house into 2 flats is probably more costly than the tax itself. Though the rent income of 2 flats is likely to be a lot more than that of the original building - in which case, the mansion tax wouldn't be the prompt for doing so, it would just be a good financial decision anyway.

Perhaps a better idea (though just as impractical) would be a tax on all property held by an individual over £2m. So if you have 5 x £500k houses, then you tax the £500k over the threshold.

[lost]

Perhaps a better idea (though just as impractical) would be a tax on all property held by an individual over £2m. So if you have 5 x £500k houses, then you tax the £500k over the threshold.

completely agree though I also agree with Neil that the rates system was better and even the property tax system used by the Americans is better than our system.

There will clearly be an incentive where a tenant will refuse to pay the costs of renting a £2m property when they can rent a £1.9m much cheaper which as I mention with stamp duty happens in all markets where a fixed cost is suddenly introduced.

[eFestivals]

so what you're saying is that rich w*nkers will continue to be rich by continuing to be w*nkers.

Do you think no one guessed?

[pink_triangle]

Your cousin is alfie deyes?

.

I have never heard of alfie deyes or the term vlogger, am I completely out of touch?

[windy_miller]

I have never heard of alfie deyes or the term vlogger, am I completely out of touch?

I just googled him. I'm still none the wiser.

[The Nal]

I have never heard of alfie deyes or the term vlogger, am I completely out of touch?

I've never heard of him but a vlogger is a blogger, except they make videos instead of standard articles.

You'll find these annoying c**ts talking very fast about utter bollocks on their youtube channels while doing "crazy" things. One of those phenomenons that makes you ponder the future of humanity. Up there with Kerry Katona and Jordans fame. People just like reading about famous people I suppose. They'll even take a nobody with no talent and propel them into fame in order to watch them.

A rather irritating consequence of the potential for youtube fame is dickheads "reviewing" sports highlights and TV shows, speaking over the action and having a video of themselves hogging a lot of the screen in an American TV news sort of way.

Example below of one of Alfie's entries.

Edited November 20, 2014 by The Nal

[5co77ie]

watch all 4 at once:

[The Nal]

Loving Sinead O'Connor recently!

I think everyone should shut the fuck up. I think it's smug of Lily Allen to say it's smug. The assumption that anyone performing on the record has not privately given money is exactly that, an assumption. And who gives a fuck what Damon fucking Albarn thinks?”