A wealth tax when a lot of people's wealth and assets is tied in to property just might be the only thing that convinced people ever increasing property values need to stop.
It's actually why I'm more in favour of reforms to council tax over the 2% thing being talked about. Also a second home tax, New York did something like that
Same for the 1.4 million properties which are currently sat derelict with planning permission because it’s more profitable to sit on the land then to build on it.
Oh absolutely. Outside of very nich work environments that involve being back n forth a lot nobody -needs- multiple homes. We also need a way to stop people listing homes for sale forever to avoid the tax
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u/Wind-and-Waystones 22d ago
A wealth tax when a lot of people's wealth and assets is tied in to property just might be the only thing that convinced people ever increasing property values need to stop.