Mark has read through the main political parties’ manifestos, and in this episode gives his thoughts on everything from Labour’s spending promises and Green’s 1% wealth tax to The Reform Party’s proposed 45% NI for foreign workers. He focuses on the parts of the manifestos that will be important for those in property, investing and small business owners. Mark also talks about the issues politicians need to focus on to bring the country out of debt and stimulate growth.

KEY TAKEAWAYS

• Labour’s spending promises are actually lower than the conservatives. However, there is nothing much about planning or property legislation.
• Immigration has hit 750k so the Conservative’s promises around this haven’t been kept.
• The Green Party are proposing a 1% wealth tax, these kinds of tactics haven’t worked in other European countries such as France, and they don’t lead to the effect desired.
• The country's debt is impacting growth but none of the parties have focused on it in their manifestos.
• There are more working-age people on benefits and out of work than pre-covid. This needs to be tackled by all parties
• The first time buyers schemes will likely be extended and the upper values increased to keep in line with the market.

BEST MOMENTS

"I think the older you get the more cynical you become”

“I do believe lots of people will up sticks and leave”

“We have debt levels of nearly 100% of the size of our economy, it is unsustainable it needs to come down”

“Do I think we will ever return to the EU? Yes I do”

VALUABLE RESOURCES

https://www.youtube.com/user/progressiveproperty https://www.progressiveproperty.co.uk/the-progressive-co-founders/

ABOUT THE HOST

Mark has bought, sold or has managed around 1,000 property units for himself, Rob, his family and his investors since 2003. He is a system and spreadsheet geek and has developed a complex, confidential deal analyser system of buying residential, commercial and multi-let properties.

CONTACT METHOD

Email: Markhomer@progressiveproperty.co.uk

LinkedIn: https://www.linkedin.com/in/markhomer1

Facebook: https://www.facebook.com/markprogressive

Twitter: https://twitter.com/markprogressive

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