313: Property investors will be voting soon
Property investors have a choice on election day. This Special Report takes a look at the likely direction firstly Labour and then the Tories parties would take with the UK economy - their policies over the longer term - and what impact that would have on property investors and their families. You can then use this to help make up your mind who you would like to vote for. Its simplistic and viewed through the eyes of property investors - we hope it gives you insights into the likely direction of both partys policies - just in case you have not given it much thoughts so far:
· Increase in taxation especially for the most wealthy 50% of the population
· Increase in National Insurance contributions
· Increase in public sector and public spending and deficit
· Increase in immigration
· Generous pay rises for the public sector bonuses and pension
· Greater equality
· Decrease in size and competitiveness of private sector
· Shift of funds from south to north and west
· Increase in regulation
· Increase in public sector administration
· Decrease in unemployment through social spending
· Lower growth rates
· Increase in power of unions
· More red tape
· Larger deficit
· Weaker Sterling
· Higher house prices this year followed by a sharp drop next year
· Higher inflation and interest rates
· Contracting private sector
· Stock market underperformance
· Increase in income tax
· Less efficient public sector
· Increase rental demand in the north
· Low levels of home building
· Large infra-structure project spending less scrutiny
· Slightly decreasing international military influence
· More tenants rights diminishing landlord rights
· Less tax breaks for small business
· More regulation of banks and nationalisation interventionist
· Larger government
· Cool transatlantic relations
· Larger university population
· Health service increase made slightly less efficient
· Decrease in taxation especially for the most wealthy 50% of the population
· Decrease in National Insurance contributions
· Decrease in public sector, public spending and deficit
· Decrease in immigration
· Less generous pay rises for the public sector bonuses and pension
· Less equality
· Increase in size and competitiveness of private sector
· Shift of funds from north and west to south
· Decrease in regulation
· Decrease in public sector administration
· Increase in unemployment through lack of social spending
· Higher growth rates
· Decrease in power of unions
· Less red tape
· Stable house prices this year followed by a big increase in the south next year
· Lower inflation and interest rates
· Expanding private sector
· Stock market outperformance
· Decrease in income tax
· More efficient public sector
· Decrease rental demand in the north
· Low levels of home building
· Cuts in infra-structure project spending increased scrutiny
· Slightly increasing international military influence
· Less tenants rights increasing landlord rights
· More tax breaks for small business
· Less regulation of banks less interventionist
· Smaller government
· Warm transatlantic relations
· Smaller university population
· Health service trimmed made slightly more efficient
One can understand if a person with no investments worked as a public sector employee and lived in the north of England that person would probably select Labour. For property investors who may work in either the private or public sector anywhere in the country, or own their own businesses one needs to consider the above simplistic trends and make a personal decision. We will be asking ourselves:
· Do we want to back Labour and Gordon Brown? or
· Do we want to back the Tories and David Cameron?
Who would be the best leader?
Which party would help the UK the most - and our local area?
What does business want for the next five years?
What is best for our families in the next five years?
Do we want more of the same?
Or do we want a change?
Everyone has choice.
Best make sure we vote as per your democratic right.
David Cameron looking particularly cool and down-to-earth - some would say, a reflection of the good times in the 1980s when Britain was a proud nation! Like the fast car. Yes please - that would do nicely!