I’d like to summarize on my thoughts in my previous videos about the erosion of our societies I did step out on the ledge a little bit because I covered civil liberties I covered the emancipation of women and I dare to speak about immigration but for those of you who did watch them I hope that in these videos I was able to convey my thoughts and also perhaps raise a few questions about the manner in which we are approaching these topics or rather the manner in which we are being manipulated to think about these topics because what concerns me is that the media the government the people behind the people are making us turn against each other in order to camouflage what they are doing so first of all with regards to civil liberties it may be far removed that the law was changed denying terrorist right to silence that became criminals right to silence then with the speed camera for the first time since the Magna Carta in this country we went from being

innocent till proven guilty to guilty till proven innocent!

Then there’s the matter of how the women’s the movement for women to actually gain their rightful place equal under the law took decades and decades until that happened with uh it only being 140 years on the 18th of August this year since women married women first gained the right to actually own property prior to that they were a chattel owned by their husband and it was a few decades after that before they were awarded the vote initially even that was unfair and it wasn’t until a decade later that the terms were set to be equal with men and then it was another five decades before women were able or rather women were were paid in equal terms with men or supposed to although that’s not always the case but how does that have a bearing on property because all of these things combined are factors in what’s making it more and more difficult for us to buy to own and to keep our property.

We may all be thinking how wonderful the property is rising but one way or another what is actually Rising is debt what we need to understand as a society is that one generation’s Equity is another generation’s debt and debt as a relation to the total value of property is going up and up and up apart from the pool of wealthy people in there the over 60s who have in their hands trillions of pounds of equity and trust me the government wants to get their hand on it they have successfully managed to put obstacles stopping new people getting onto the housing ladder and that’s not by accident, that is by design. Even now when prices may be falling, by how much well that’s a separate topic, but the affordability is worse than ever, so younger people are unable to get onto the property ladder and whereas in the 70s there were many people who could have paid off their home by their 40s, most people now who are under 30 have no hope of doing that even if they live to be a hundred.

That’s the reality of it so they’ve cut the inflow into the property market now we’ve got all those older people who’ve got all of this equity and the government wants to get their hands on it, they don’t want it trickling down to future generations, hence the reason I’d actually mentioned previously, that you should go to  ukwealth.tax and look at the government’s discussion on enforcing a one-off tax. Believe it or not, wealth tax this was actually commissioned on under Boris in 2020, so this is not a labour of movement this is not something Jeremy Corbyn dreamed up, this was actually instigated under Boris and they are looking at literally stealing the equity of the wealthy.

Initially they’re trying to convince us that they’re going to go for just the super rich and we will go oh yes absolutely right but that won’t be the case when it actually happens because most of these wealthy people don’t own the properties in their own names and it they’re not going to go and raid corporations they’re going to raid individuals they want Mr and Mrs Mott who’ve worked hard all of their lives and they own a nice detached property or whatever the case may be and it’s worth one million, two million, five million or whatever the case is, they deserve it they worked for it they started from nothing but the government doesn’t want them to keep it, more importantly they don’t want their children to get hold of it because the direction that we’re going is that the corporations are buying everything and even those of you who are individual landlords, you were encouraged to make sacrifices to buy your buy to let properties in order to help the rental market and then bang, George Osborne comes in with a three percent surcharge.

Then we had the deregulation act in 2015 then, we had section 24, now capital gains tax, since my last video in the chancellor’s speech it is going to be reduced to six thousand pounds from April 2023 and 3,000 pounds the April following that, who will suffer the most with this reduction? With regards to the capital gains tax allowance, it is a small investor and as I have said previously George Osborne’s calculated stamp Duty surcharge of three percent had the most effect on individual developers who would be buying one or two properties to renovate or develop in whatever the case may, be because surprise surprise, those who can afford to buy six properties in one go or more don’t pay the extra three percent and now with capital gains being reduced the allowance being reduced again it is the small person who is going to suffer the most.

More importantly as I’ve said previously, there are hundreds of thousands of properties in this country, that are below par and that is where the chancellor should be directing investors. landlords and individuals to be focusing on buying, renovating and improving our housing stock, but they don’t want you to do that they don’t want you to actually make the effort to buy this housing stock and things are getting worse. They are creating a crisis  since my last video we’ve had the immigration figures released so for the last year net migration is over 500 000 excluding those arriving by boat as it stands we would need to build one house every five minutes 24 hours a day, 365 days a year, just to keep up with the new demand let alone to catch up.

The government is doing nothing to encourage individuals to invest in development and therefore I do believe that this is all part of a greater agenda and the way that it goes no matter what you say if you make a point one way you get buy to let landlords who simply pipe up and say this is an agenda against them, I don’t have an agenda against buy to let landlords I don’t have an agenda against individuals, I don’t have an agenda against success, I celebrate success, on the contrary, I’m actually angry that that the government is punishing success.

With regards to buy to let I do blame the government going back to the 1980s when the right to buy was introduced for not enforcing strict rules on building replacement properties for everything that was sold, it’s too late now, but there is so much investment money available in this country, the government could quite easily introduce incentives to encourage this money to be directed into build to rent and build to rent and sell, or whatever the case may be, but they don’t and the corporations are buying everything.

As I previously said, last year 15 of all residential sales were to corporate investors and that will will only increase year on year, the available stock is falling on average over the last two three years we have had 60 percent of the available stock on the market that we did over 20 years ago and these properties  that are being bought up do not return to the market, those of you may be feeling smug and thinking I’m all right jack, you know I wouldn’t speak too soon because trust me Mr Chancellor, one way or another is going to come for you too.

The time for being complacent and the time for the arrogance of just pulling up the ladder should be over, because rather than be turning on each other and rather than be arguing because we think that if labour were in they would do this and if the conservatives were in they would do that, they are all rotten to the core, we should not even waste a minute of our time, or waste our breath arguing about which one should be in, none of them should be in, but it is down to us to actually make that decision to act and us as individuals, as a community and as a nation to say enough is enough we will vote these people out one by one and beat them at their own game.

That’s all I have to say on this matter and I think enough of the doom and gloom for now, in my next videos let’s move on to something that’s much more interesting investment opportunities oh I do intend to have a few more rants so keep watching, but I wouldn’t be me if I weren’t having a rant anyway goodbye for now and I’ll see you in the next video.