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Yeah, while I generally support the freemarket, something as finite and important as property to live in shouldn't be at the mercy of it. Near London we're liv
by ownagefool 11y ago
Yeah, while I generally support the freemarket, something as finite and important as property to live in shouldn't be at the mercy of it.
Near London we're living in a world where middle earners just 20-30 years older than us were able to get property at resonable prices, sit on them, and now someone earning in the top 1% will struggle to buy anything decent.
Further to that, the only property taxes we have here are council tax. Remove all the funiture from your property and leave it empty and you don't need to pay this. I'd argue that's backwards and what we should really be doing is taxing on levels based on empty, rented and living in, with taxes being prohibitly expensive to sit leaving a house empty.
Of course, being 40 and above has had left you with ample oppertunity to milk the status quo, so you're not voting for this and neither are those who inherit from it.