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jjeffery worboys
Garys Economics
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Comments by "jjeffery worboys" (@jjefferyworboys8138) on "The Future of House Prices" video.
This is nothing new, it's always been one of the biggest downsides of renting. Like many retired homeowners they too will have to downsize and move to less expensive accommodation in a less expensive area.
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Have you made any money listening to him or has he just made more money from you becoming a subscriber ?
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@Cheebasonic Banks are owned by shareholders, from large institutions, including UK Pension Funds and individuals from wealth to very ordinary. Most people employed by Banks don't get massive salaries and huge bonuses. A few in very senior position will, because of the income they generate for the Bank. Rather like the highly talented Premier Division footballers who receive obscenely high incomes and bonuses.
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Stick with it and you will get there. Have an open mind and be prepared to get your hands dirty if you want to add value. Remember its your home first and an investment second. Don't get obsessed with short term fluctuations, you are in it for the long term.
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Have you actually made any money from listening to this guy ? If you listen to Warren Buffet and take his very practical advise you probably will.
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Don't think much of his dress sense though.
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Have you brought any building materials recently and seen how much they cost ?
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Surely he could afford a better hat though ?
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I bet you are so much fun at parties.
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@davedree Like many retired home owners they too may need to downsize and move to less expensive accommodation in a less expensive area. Renters would have been aware of this situation for decades and the sensible ones will have planned for it.
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IHT needs to go or at least the thresholds need a massive increase. The reality is that most people don't have a single 25/30 year mortgage. Lets say you buy your first house with a 25 year mortgage and 7 years later move and take out another mortgage for a similar period. By the time you have done this a few times you could easily have had a mortgage for 35/40 years even though you may pay off any outstanding balance when you retire.
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Not a good look, even for a 12 year old.
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Apparently he was responsible for inflation increasing in every country in the world ,so it seems only fair he takes credit for it coming down.
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Its not even a good look for a 12 year old.
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Let me ask you the most important question and the only one that really matters. Has listening to this guy either made or saved you money ?
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@auntsally7790 It makes great economic sense and for some cultures it's the norm.
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What is this stupid left wing obsession with taxing the rich more. I hate the envy shown by people who have little or no life experience, no ambition, probably only been in work for a few years and have achieved bugger all. The rich are the most mobile group in society, they usually own homes in several countries and have the ability to transfer assets anywhere in the world in seconds. What you think are tax loopholes are the complete opposite, they are deliberate HMRC policy to attract and retain these people in the UK. The top 1% of earners pay 30% of all income tax, the highest proportion in the last 20 years. Three is every £10 that the government receives in income tax is paid by just over 300,00 individuals. Like it or not we need the rich to stay !
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There are lots of retired people who like me have owned their homes outright for many years and who have no intention of selling, even though they they are far larger than we really need. Price isn't something I think about, it's my home, I can afford it and I enjoy living in it.
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How much money has this guy actually made for you ?
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