Comment on Half-a-million members sign up to new left-wing party founded in Britain
twice_hatch@midwest.social 3 weeks agoA land value tax would fix this
Comment on Half-a-million members sign up to new left-wing party founded in Britain
twice_hatch@midwest.social 3 weeks agoA land value tax would fix this
echodot@feddit.uk 3 weeks ago
It wouldn’t though because rich people are rich. They can afford to be extravagant, they all moan about it but ultimately just consider it the cost of doing business.
You would actually have to implement laws that directly instructed affordable homes to be constructed, trying to pussyfoot around the issue Will just result in it not working.
Birch@sh.itjust.works 3 weeks ago
Just limit foreign investment in real estate, practically half of London is owned by russian, arab and chinese billionaires. Other countries don’t allow owning property if you don’t live there or tax the shit out of second and third homes.