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Old 25-04-2012, 09:49   #14
Ignitionnet
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Join Date: Jun 2008
Location: Leeds, West Yorkshire
Age: 47
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Re: UK back in Recession

Quote:
Originally Posted by Damien View Post
What can the government invest in? What could we build?
Housing. I understand there are a few problems with supply and affordability especially in the south.

In the interim telling NIMBYs to properly shove it where the sun doesn't shine and completing planning reform rather than watering it down to appease the usual suspects would also be good.

Obviously neither is going to happen as things stand. The government are more interested in pandering to the buy to let brigade for their votes so continue to have them allowed to offset mortgage interest against rent for tax purposes while those on owner-occupier mortgages receive no such consideration and those paying already over the odds rents cover this loss of revenue from income tax.
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