Disclaimer: By posting on this web site it is accepted that you have agreed to our Terms. Please DO NOT publish copyrighted material/pictures without the owner’s permission, you are liable for any costs incurred.


Results 1 to 3 of 3
  1. #1
    Moderator Arthur Little's Avatar
    Join Date
    Oct 2008
    Location
    City of Perth, Scotland
    Posts
    24,230
    Rep Power
    150

    Cool Foreign Criminals Use London Housing Market To Launder Billions Of Pounds

    http://www.theguardian.com/uk-news/2...ore-tax-havens ...

    Damned disgrace ... WHY the hell is this being allowed to happen?


  2. #2
    Respected Member Harry T's Avatar
    Join Date
    May 2013
    Location
    Back in Cradley Heath for now.
    Posts
    1,135
    Rep Power
    145
    Quote Originally Posted by Arthur Little View Post
    http://www.theguardian.com/uk-news/2...ore-tax-havens ...

    Damned disgrace ... WHY the hell is this being allowed to happen?
    We all know there is a simple answer to this situation, just do as the Philippines do, and dont allow Foreign people/companies to own British property, however thats much to simple and their needs to be the Political willpower to do this, but as there is BIG money involved it wont ever happen.

    Its a case of NOT what you know, but who you know. It has been stated many times over that their is a shortage of houses in the UK, yet you cant drive through any City or big Town without seeing a Doctors/Dentists/Estate agency or some form of office having a House as its HQ or Local Branch, This should stop NOW, I know it would only be a small drop in the ocean, but it would help ease the situation, a House should be used for what it was originally intended (to be lived in) there is lots of unused office space around the Country, indeed more than enough for these establishments to utilise, again it comes down to Government both Local and National to bring this to a full stop.
    Its often the simple things that cost little or nothing that can help these situations, but as usual their are NOT enough votes involved for the Politicians of whatever persuasion to bring it about.


  3. #3
    Moderator fred's Avatar
    Join Date
    Feb 2006
    Location
    South,North East,somewhere.
    Posts
    11,433
    Rep Power
    150
    This has been going on a large upward trend since 2005.. UK property prices were (and still) are due a large correction but these foreign mobs,institutions,Arabs,Chinese etc stopped that happening.
    The politicians wont do anything because local councils are receiving a lot of cash in property tax for these types of expensive dwellings.. A nice little loop hole..A .... load of cash!


Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Replies: 3
    Last Post: 27th November 2014, 01:04
  2. Replies: 32
    Last Post: 22nd October 2014, 20:55
  3. Replies: 0
    Last Post: 21st July 2012, 21:55
  4. MP's vote for deporting foreign criminals
    By Dedworth in forum Loose Talk, Chat and Off Topic
    Replies: 7
    Last Post: 21st June 2012, 10:13
  5. Australia deports foreign criminals
    By Dedworth in forum News - World
    Replies: 19
    Last Post: 27th October 2011, 18:20

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Filipino Forum : Philippine Forum