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Very odd number plate


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1 hour ago, kevinjohnsonmbe said:

Yeah, remarkable - 53k on nothing more than a vanity tag. Must be some extreme disposable income in that household. 

... or a good investment??

 

Money and value are amusing concepts. Whereas the most of us aspire to own things we can use I'm sure some people derive pleasure from the knowledge that their wealth prevents others enjoying it, a sort of schadenfreude.

 

The recent discussion on housing costs and subsequent revelations of pandora is a case of how supply and demand are skewed by investment opportunities.

 

A finite housing supply that is attractive to inward investment drives up prices, price increases driven from demand from home desirers and foreigners wanting a safe investment means rental income is less than capital gain, so properties left empty.Then purchase the property by a company registered elsewhere and you avoid UK taxes too, a double whammy for the UK resident.

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29 minutes ago, openspaceman said:

... or a good investment??

 

Money and value are amusing concepts. Whereas the most of us aspire to own things we can use I'm sure some people derive pleasure from the knowledge that their wealth prevents others enjoying it, a sort of schadenfreude.

 

The recent discussion on housing costs and subsequent revelations of pandora is a case of how supply and demand are skewed by investment opportunities.

 

A finite housing supply that is attractive to inward investment drives up prices, price increases driven from demand from home desirers and foreigners wanting a safe investment means rental income is less than capital gain, so properties left empty.Then purchase the property by a company registered elsewhere and you avoid UK taxes too, a double whammy for the UK resident.

Yup 😧

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