The STEM Show
@StemShow
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Logic.Physics.Reality.Teach and learn new things. Views are personal and not the views of others.
South East, England
Joined January 2019
Exactly. You get a mortgage and don't own a brick. As a good comrade on here said, with leasehold all you did is pay your rent in advance. If I sold tomorrow I'd have eff all for anywhere else as nobody wants a bricks and mortar anchor.
Calling leasehold ownership is gross misrepresentation!!
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At the heart of debate over how much leaseholders should pay for ground rents, lease extensions etc is the fact that many leaseholders mistakenly believed they had bought property. That’s why they paid so much. Now they are discovering reality. That’s why flat prices are falling.
@LordNumpty @eastender99 @wharfgirl @HarryScoffin @NormaCohen3 What is ground rent or marriage value but an unearned windfall - money for nothing - to the freeholder? It’s OK for freeholders to get windfalls, but not for 5.3 million English and Welsh leaseholders - is that it?
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👏👏💯💥
Tired of the trolls on here being wise after the fact. Taking pleasure in baiting leaseholders and telling them they are stupid for not knowing what they got into. Well I don't exactly see people in the leasehold business queuing up to tell you either. Being economical with the
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Billy Connolly is spot on here. 🎯 And most of our political establishment have forgotten this.
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Peppercorning groundrents & removing permitted development rights in airspace above blocks of flats removes the incentives of current freeholders to treat leaseholder homes as financial instruments & leaseholders as magic money trees 🌴
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Not everyone has a home to spend Christmas in… This is Mechelle’s story: She will be spending Christmas in a tiny temporary accommodation flat (pic is me showing scale of bathroom) after spending a week sleeping in her car with her three young children https://t.co/qknQoHMIoz
inews.co.uk
The Government has announced its long-awaited homelessness strategy, but charities warn extra money or extra homes are essential
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The head of LKP has attacked ground rent reduction as ‘expropriation’, echoing the freeholder lobby. This comes just weeks after trashing commonhold and defending the controversial freeholder Vincent Tchenguiz. Wake up!
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@eastender99 @NormaCohen3 Ground rents are one of the keys to buying freeholds which is what we need. And landlords can currently charge what they like for lease extensions. Couple I know have had extension valued at £7k. F/holder demands £70k. GR also makes many flats unmortgageable.
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🤞Nearly back to sanity 🤞
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Absolutely. It should NEVER have been a thing. They could have told the potential buyers 'you get a 'Freehold', but, it's not really Free of Hold. You will have to accept an MA sitting on your deeds'... how many houses would they have sold 🤔 ... #StopTheRotAdoptTheLot
No it isn't. Universal adoption is the only way to remove the abuse taking place on private unadopted estates. There was never a need for managing agents unless an estate is truly private or if residents wanted a private company managing their estate. We won't stop until we get
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Good point. Go nuts 😂
So if millennials and gen-Z have absolutely 0 hope of ever buying a house. What is the reason to not start maxing credit cards? Hell, why pay taxes? Why even care about the game if the only thing you really want good credit for is almost completely unattainable?
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People think depression means your sad and crying all the time. Depression for me is being stuck in a twilight zone. i can't think , i don't respond to things , nothing is interesting , i just feel empty. not sad , just blank. I have a lot of days like this and they are hard .
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Psychiatrists were asked how many patients they've cured, and this was their answer...
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The ADHD Tax: It’s not just meds or therapy costs, it’s the late fees, unopened mail, lost gift cards, and those “free trials” that somehow turned into $14.99 a month. It’s the cost of a brain that cares deeply but forgets easily, that runs twenty tabs at once in a world built
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Important difference ⚠️
#CBDC is not a “digital version of cash” ______ It’s a programable coupon with purchase restrictions, travel limits and an expiration date.
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#CBDC is not a “digital version of cash” ______ It’s a programable coupon with purchase restrictions, travel limits and an expiration date.
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Your government will let you: - Drink alcohol until you destroy your liver - Smoke until you develop cancer - Eat processed food until you're diabetic - Take pharmaceutical drugs with 35 side effects - Get tattoos from a bloke named Spider in his garage - Jump out of an airplane
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To all the doubters in England, here is an example of how commonhold works in Santiago de Chile. This is Las Condes, a desirable middle class area.1/
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Ugh... More greenwashing ideas that never consider reality. Or maybe they did but wanted to sell their project anyway. The more people share a thing the more complex maintenance becomes. And expensive. We've had an epidemic of large domestic structures with no thought of future £
I live in a development - big development of over 300 houses and flats - with a communal heating system. Here's my experience: - heating system was claimed to reduce energy use (lol) as part of some environmental building code - each property has a heat exchange unit that draws
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