And so it begins....
Discussion
Seeing holiday let's for sale everywhere round here at the moment these are just a few of them
Why are people selling🤔?
Before the whole financial system collapses perhaps😂😂?
Wow some of these properties are really beautiful. This area must have some kind of problem for these prices but I dont know shit about UK real estate. https://www.christianlewisproperty.co.uk/
Our town's leadership decided to intervene in the rental market by imposing a limit to the number of short-term rentals and putting onerous regulations on them. Most owners decided to sell instead of converting to long-term rentals. None of the houses being sold are affordable. Tourism events have been cancelled due to anticipated lack of housing for visitors. Small businesses laid off workers or went out of business because the demand for house cleaning and landscape maintenance went down. Mission accomplished!
Good old government making a problem worse 😆it's the central government in this case. With all the other super rich people leaving the country perhaps there will be a housing crash🤷
what's the trend? (that people who own second homes can no longer afford to keep them?)
The government are apparently doubling the capital gains tax so people are selling up to avoid the hike.
doubling?! oh dear
and the extra will go to more contracts, more war ... something like that?
Yeah there is always more money for that sort of thing even when they are apparently trying to fix a £20 billion deficit. We even give foreign aid money to to India even though they have a space program makes perfect sense..