RE: Council tax v mortgage14 Mar 2025 20:24
I'm guessing that this hike will have a huge effect on disposable income. People will pay the council tax and mortgage before anything else so I guess that's why the labour party see it as a good way to raise revenue through both avenues. The disposable income problem in guessing is going to have huge implications on personal loans, car finance, retail sector and more most probably. Surely to god the massaging of figures can't go on all we need now is a popped housing bubble and that would complete every dire prediction on record happening continuously for the last 2 decades. In fact as far as I can tell it's the only unforeseen circumstance left to happen. So any way back on track. We now have less money going round everywhere (except house building for obvious reasons that if this falters we are all screwed. It's never been about the million homes it's always been about propping the market upw with tax payers dingo dollar, and don't kid yourselves otherwise.
On that note before i waffle on some more. If there is less money to go round does that mean plenty of aim businesses could be struggling to meet the debt requirements? This year is going to get spicy on the markets i feel. Hot, hot hot. I'm holding plenty of cash for the rewrite and that's my position.