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Politics, politics, politics (so long and thanks for all the fish)

Finney Is Back said:
Do you rent property out @MartyFunkhouser?

What percentage over the mortgage should it be capped at? And by that do you mean ‘mortgage rates’…. So I assume base rate?

What percentage of the property should be the mortgage be considered on? I assume 100% of it?

if a property is worth £320k and base rate is 3.75%, that is £1,000 a month of interest. How much money should a landlord be allowed to make?

If the base rate goes up then does the rent automatically go up?

Also what does ‘absence profit at their demise’ mean?
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Since the squeeze (via various means) on private or 'amateur' landlords has played out over the last few years, we are already well down the path of mass ownership of residential property via big commercial landlords as the tax rules and regulations now favour them.
So, an opportunity arises for the government (any) to regulate this sector (rent caps, rises, repairs etc) that will clearly develop into a modern version of Lords and peasants.
The renting sector is not shrinking anytime soon, and this transition to mega landlords should make governing the sector easier as their business model is not hard to analyze.
 
ricky2tricky4city said:
I thought the government just the other day were suspicious airlines were just going to abuse the situation.....now they're bending over for them?
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I've been on calls with airlines for a week and the outlook is grim, no doubt some have yielded with higher fares to eat whilst its good but the margins are so slim on usual days they are making out whilst the demands there. Given the Middle East carriers are a no go currently because of insurance the demand is def there.

That said the level of increased yield has slowed and the increased fuel costs are now killing the airlines and shortages means many are going to reduce schedules and or costs are going to be passed to Travellers.
 
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MartyFunkhouser said:
I've been on calls with airlines for a week and the outlook is grim, no doubt some have yielded with higher fares to eat whilst its good but the margins are so slim on usual days they are making out whilst the demands there. Given the Middle East carriers are a no go currently because of insurance the demand is def there.

That said that level of increased yield has slowed and the increased fuel costs are now killing the airlines and shortages means many are going to reduce schedules and or costs are going to be passed to Travellers.
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Is the shortage actually 'a thing' yet?

And how far out can they identify a shortage coming down the pipe?

It's a pig for the end consumer as your flight needs to be solid as the associated costs already locked in to a trip at the destination could be difficult to unwind or refund. Messy.
 
ricky2tricky4city said:
Is the shortage actually 'a thing' yet?

And how far out can they identify a shortage coming down the pipe?

It's a pig for the end consumer as your flight needs to be solid as the associated costs already locked in to a trip at the destination could be difficult to unwind or refund. Messy.
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Yeh its a thing, they secure their fuel in advance but its months not years, the issue comes that they dont know how long the shortage is lasting so it means averaging out whats left and what's left on order so come 2 months time their lights are not turned off.

I didnt know this till recently but there are certain types of oil that can be used for fuel so securing it from other sources is proving tricky and the main supply is tied up.
 
MartyFunkhouser said:
Yeh its a thing, they secure their fuel in advance but its months not years, the issue comes that they dont know how long the shortage is lasting so it means averaging out whats left and what's left on order so come 2 months time their lights are not turned off.

I didnt know this till recently but there are certain types of oil that can be used for fuel so securing it from other sources is proving tricky and the main supply is tied up.
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Yeah. Keeping the summer holiday season running smoothly must be an important goal.

It's been trains and ferries for me the last couple of years. Only works for Europe though.
 
ricky2tricky4city said:
Yeah. Keeping the summer holiday season running smoothly must be an important goal.

It's been trains and ferries for me the last couple of years. Only works for Europe though.
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My work travel has been all front loaded this year by luck, but have one last trip to Frankfurt in 2 weeks, flight went from 85-00 to 380-00 in less than 7 days. Its a blood bath currently
 
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