4 ms·
At the same time some properties are being held purely for speculative reasons and going derelict. I would much rather have a new construction rather than a rot
by angarg12 8y ago
At the same time some properties are being held purely for speculative reasons and going derelict. I would much rather have a new construction rather than a rotting 'historic' building.
Point in case: The luxury Principal Tower [1] and buildings just across it [2].
[1] https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,14.75h,113.86t/data=!3m6!1e1!3m4!1s-VPxogucgRrZYV515yGJ9Q!2e0!7i13312!8i6656 https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,...
[2] https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,114.87h,103.12t/data=!3m6!1e1!3m4!1s-VPxogucgRrZYV515yGJ9Q!2e0!7i13312!8i6656 https://www.google.co.uk/maps/@51.5213362,-0.0786701,3a,75y,...
- Sabinus 8y agoTime for some taxes on foreign property ownership or uninhabited buildings then.
- jaredklewis 8y agoNo need to target foreigners really; speculative land ownership does the same harm regardless of which side of the imaginary line an owner was born on.