There is also strong undercurrent of scepticism from the London/University town left wing who find themselves not the centre of attention for once. I think that will be a bigger challenge for Burnham… (View Post)

There's one person who won't be happy about the proposed property tax. (View Post)

Agree on stamp duty. But I don’t think that’s the case on a property tax - even just floating the idea is going to make housing less attractive as an investment. (View Post)

Also baffled by the idea it would gum up the property market. Housing gets all sorts of subsidies (IHT, CGT, perverse CT bands and discounts, even UC savings thresholds), which makes it incredibly at… (View Post)

So not particularly rational at all? ;) You're right, but I think it can be overstated to an extent. Simple habit, path dependency, sunk cost fallacies, information assymetry etc etc are all ver… (View Post)