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Transcript #4081

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Status: completed · Language: en · Source: Office Audio · Captured: 2026-05-18 14:38:58 · He used to order in Bakewell, giving us something on Valentine's Day. So we're going to Hoop Valley Pizza. Can we give a

Unknown

He used to order in Bakewell, giving us something on Valentine's Day.

2026-05-18 14:40:52 - 2026-05-18 14:40:59
Damoon

So we're going to Hoop Valley Pizza.

2026-05-18 14:40:59 - 2026-05-18 14:41:01
Damoon

Can we give away?

2026-05-18 14:41:01 - 2026-05-18 14:41:02
Damoon

Yeah, so that's the thing, yeah, and I did something with Reza, I did something.

2026-05-18 14:41:03 - 2026-05-18 14:41:08
Unknown

Actually I needed that for him as well, this one, yeah.

2026-05-18 14:41:11 - 2026-05-18 14:41:22
Damoon

Still I'm looking for properties, but I couldn't see anything that makes money, even that capital gain tax, so obviously from 12 and a half to 3,000.

2026-05-18 14:41:30 - 2026-05-18 14:41:47
Behnam

And Reza might have new Prime Minister in three weeks.

2026-05-18 14:41:47 - 2026-05-18 14:42:00
Behnam

In a few weeks, one or the other of them, they're much more, and the tax is probably going to, because even right now the country is bankrupt, and they're not going to put the tax up drastically, but they have to.

2026-05-18 14:42:00 - 2026-05-18 14:42:13
Unknown

The recession is coming, recession?

2026-05-18 14:42:13 - 2026-05-18 14:42:18
Behnam

If it is or not, but tax is going to increase.

2026-05-18 14:42:21 - 2026-05-18 14:42:24
Behnam

You can have recession, definition of economic recession is there isn't growth, but the growth can be from government spending as well.

2026-05-18 14:42:24 - 2026-05-18 14:42:33
Behnam

It's just a change of shape, because at the moment the government's debt is very high from COVID, and the spending has to increase on military.

2026-05-18 14:42:34 - 2026-05-18 14:42:43
Behnam

If the private sector is slow, and you've got a left-leaning socialist government, they'll spend, they'll invest loads of money, but their tax is high, which is neither good nor bad, depends on, you know, your income and your position, but.

2026-05-18 14:42:43 - 2026-05-18 14:43:03
Behnam

It's not good for small, medium-sized, but it's not.

2026-05-18 14:43:03 - 2026-05-18 14:43:05
Unknown

It's not, generally not, but it puts money in people's pockets to spend.

2026-05-18 14:43:06 - 2026-05-18 14:43:10
Behnam

It's a theoretical and a philosophical question, but when it comes to investment, then yeah, tax is probably going to be worse in the future, not better for the next five, ten years.

2026-05-18 14:43:10 - 2026-05-18 14:43:23
Behnam

And what about interest rate?

2026-05-18 14:43:24 - 2026-05-18 14:43:25
Unknown

It's steady at the moment, they were expecting it to fall, but the supply problems of energy to the country means it could possibly cause up a bit, but probably not this year.

2026-05-18 14:43:25 - 2026-05-18 14:43:40
Unknown

But that doesn't help if it causes up a bit.

2026-05-18 14:43:40 - 2026-05-18 14:43:49
Behnam

It's one thing, the direct effect, but that really affects the house price growth.

2026-05-18 14:43:50 - 2026-05-18 14:43:55

Diarization Windows

Unknown

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Segment 1
Damoon

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Segment 2
Damoon

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Segment 3
Damoon

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Damoon

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Damoon

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Damoon

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Damoon

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Unknown

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Segment 9
Damoon

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Damoon

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Damoon

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Damoon

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Segment 13
Behnam

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Segment 14
Unknown

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Segment 15
Behnam

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Segment 16
Damoon

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Segment 17
Behnam

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Segment 18
Behnam

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Segment 19
Behnam

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Segment 20
Behnam

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Segment 21
Behnam

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Segment 22
Behnam

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Segment 23
Damoon

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Segment 24
Damoon

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Segment 25
Damoon

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Segment 26
Behnam

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Behnam

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Segment 28
Behnam

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Segment 29
Behnam

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Segment 30
Behnam

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Segment 31
Behnam

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Segment 32
Behnam

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Behnam

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Segment 34
Behnam

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Segment 35
Behnam

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Segment 36
Behnam

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Segment 37
Behnam

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Segment 38
Behnam

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Segment 39
Behnam

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Segment 40
Behnam

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Segment 41
Behnam

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Segment 42
Behnam

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Segment 43
Behnam

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Segment 44
Behnam

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Segment 45
Behnam

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Segment 46
Behnam

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Segment 47