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Simon Lambert

๐Ÿ‘ค Speaker
967 total appearances

Appearances Over Time

Podcast Appearances

This is Money Podcast
Are you saving enough for a comfortable retirement?

But even disregarding that income level or whatever.

This is Money Podcast
Are you saving enough for a comfortable retirement?

is it fair that you're levying it at the same point in London and the Southeast as you are in the Northeast?

This is Money Podcast
Are you saving enough for a comfortable retirement?

I would argue not because you can get a lot more for your money.

This is Money Podcast
Are you saving enough for a comfortable retirement?

You can be a much richer person and live in a much cheaper house in the Northeast or other parts of the country than you would do in London, the Southeast.

This is Money Podcast
Are you saving enough for a comfortable retirement?

And then it goes into this whole like idea that we should be charging council tax as a percentage of a home's value and

This is Money Podcast
Are you saving enough for a comfortable retirement?

That just doesn't really reflect people's ability to pay the tax.

This is Money Podcast
Are you saving enough for a comfortable retirement?

And in fact, for some people, it actually is much worse than others who might live next door to each other.

This is Money Podcast
Are you saving enough for a comfortable retirement?

So, for example, let's take the scenario of suburbia.

This is Money Podcast
Are you saving enough for a comfortable retirement?

right?

This is Money Podcast
Are you saving enough for a comfortable retirement?

Expensive southeast suburbia where you've got two people living next to each other.

This is Money Podcast
Are you saving enough for a comfortable retirement?

One is a couple with two kids of school age who've just moved in and they have had to take out a mega mortgage and stretch themselves as far as they possibly can.

This is Money Podcast
Are you saving enough for a comfortable retirement?

Both of them are working full time just to afford this four bedroom detached house.

This is Money Podcast
Are you saving enough for a comfortable retirement?

house which is on the expensive end you know but it's not a mansion it's on the expensive end they've stretched as far as they possibly can but that house might be worth a million pounds right next door to them you've got the retired couple their kids have grown up they've flown the nest they've lived there for ages they bought the same house for 150 000 pounds

This is Money Podcast
Are you saving enough for a comfortable retirement?

They've got nice, you know, chunky pensions.

This is Money Podcast
Are you saving enough for a comfortable retirement?

And in fact, they managed to buy the house without both of them having to work full time at all.

This is Money Podcast
Are you saving enough for a comfortable retirement?

And so on.

This is Money Podcast
Are you saving enough for a comfortable retirement?

It's like, yet we're saying that those two people, in theory, according to some who argue that you should pay a percentage of the home's value.

This is Money Podcast
Are you saving enough for a comfortable retirement?

should pay exactly the same amount in council tax.

This is Money Podcast
Are you saving enough for a comfortable retirement?

It doesn't necessarily reflect their ability to pay it, does it?

This is Money Podcast
Are you saving enough for a comfortable retirement?

I mean, actually, arguably, you should be taking the mortgage off before you decide it.