Guest_northshore_*

I've used Excel Currencies, but whoever you use first make sure your UK bank will clear larger sums in time to retain agreed exchange rate.

Was really just to highlight the universal language of vigilance.

Only a matter of time for higher property taxes there and here in my opinion. It will come with a greater regional over central focus, but that's likely to mean a widening of price and income disparities between rich and expensive areas that can afford to maintain subsidies vs poorer and less expensive that can't - because population concentrations and infrastructure will still be capitalised into land prices. Might even out over time, but will take a very long time.

http://www.smh.com.au/business/the-economy/the-excuse-to-tax-the-family-home-for-which-states-have-been-waiting-20151202-gldbyy.html

I'm not sure why exchanges on specifics with BU lead to this familar response on stretched generalities from the BU + Neverwhere and Venger HPC police, but I'm tired of it and have nothing to add.

I haven't, this was a thread about opinions on the financial stability report: "...You want me to worry about the danger of hoping that things have changed. Things have changed. Go back to 2014 and find me some evidence...There comes a point where your wishes for fantasy overnight transformations of institutions that have grown up over hundreds of years and a relentless cynicism about incremental change, coupled with gathering about yourself the garb of the voice of reason, begs a simple question - are you Jeremy Corbyn? If you are, where do I claim my £5." I share your view on almost everything land and money related Neverwhere, but we've been down this road before and I don't wish to do it again.

I don't want you to do anything. The only thing I'd like, but don't expect, you and others to do is stop forming make-believe narratives of other people's opinions to justify your own and make yourself feel better on a forum. Whatever my wishes are I don't do that because it's petty and unjustifiably hubristic.

Words form stories and lies as well as truths. I'm all for hope but without commensurate housing action and effect it can be a dangerous thing.

Extending expectations for today's financial stability report to life philosophy might be a tad melodramatic. Edit: By the way you should watch the HoL Housing Committee meeting today, I think you'd 'enjoy' it: http://www.parliamentlive.tv/Event/Index/a2ece60a-e20e-4718-84f1-30a9ff6541bd

I wasn't realistically hoping for anything. But otherwise I hope for a citizen's income, zero income tax, lvt, monetary reform, equality of opportunity and someone to nuke the rentier establishment from orbit, just to be sure.

I expected nothing as explained previously. What were you hoping for?

The FPC stands ready to take action if necessary to protect and enhance financial stability, using its powers of recommendation.

I linked to the Committee hearing earlier: http://www.housepricecrash.co.uk/forum/index.php?/topic/207062-economics-of-the-uk-housing-market-enquiry-house-of-lords/page-2#entry1102837619 Anyone who thinks MP's/Lords don't know or haven't heard every rational argument made here should find time to watch it.

Theoretically: http://www.housepricecrash.co.uk/forum/index.php?/topic/205534-tax-relief-on-buy-to-let-mortgage-interest/page-47#entry1102752562

Lords Economic Affairs Committee hearing on Economics of the United Kingdom Housing Market (Witnesses: Dame Kate Barker, author of the Barker Review of Housing Supply; Martin Wolf, Journalist, Financial Times; Christopher Walker, Head of Housing, Planning and Urban Policy, Policy Exchange): http://www.parliamentlive.tv/Event/Index/a2ece60a-e20e-4718-84f1-30a9ff6541bd Currently (~16:00) Q&A on LVT - Q by Lord Monks (Martin Wolf talking a lot of sense, Kate Barker concerned about builders making money if permissioned land is taxed, a concern unrelated to her position on the Taylor Wimpey board of directors, Christopher Walker's opinion is what one would expect from a Policy Exchange spokesperson). Edit: I think the whole thing is worth listening to - if only for a better idea of wider policy knowledge, opinion (and bullsh!t) at every level.