Eabhal
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Re: Messing with taxes on homes never ends well – politicalbetting.com
Solar power generated this year has already overtaken the total for the whole of 2024: https://www.ft.com/content/9e49fa5a-d43e-4c32-80ff-68a3ce1ede5e (View Post)1 -
Re: Squaring the Circle – politicalbetting.com
I think DM_Andy nailed it with "most people are greedy". We can recognise that something is political suicide even as we explain why, on paper, the measure could be good for the country. Th… (View Post)1 -
Re: Squaring the Circle – politicalbetting.com
I'm suggesting you would always link the tax to the local HPI. So you buy for £100k. You make £50k improvements. House prices increase by 25%. You pay tax on £125k, even though the house is worth £15… (View Post)1 -
Re: Squaring the Circle – politicalbetting.com
I'm mixed on this. Making housing a rubbish investment - other than to live in - is a good thing, kills off a lot of demand. OTOH, also stops transactions as people cling on. As ever, a simple annual… (View Post)2 -
Re: Squaring the Circle – politicalbetting.com
The trouble is it's a tax on the transaction, not on the property. It's going to disincentive downsizing, which is an enormous issue when the UK has 26 million spare bedrooms (and rising). Look at ho… (View Post)2
