Allow one primary house, and a second one, tax the rest to fucking oblivion if not sold within a reasonable time frame
Owners of second homes in Wales are having to sell up. That’s no disaster: it’s a godsend
Submitted 10 months ago by dwazou@lemm.ee to unitedkingdom@feddit.uk
Comments
BestBouclettes@jlai.lu 10 months ago
Nanook@lemm.ee 10 months ago
Found the landlord! /s
BestBouclettes@jlai.lu 10 months ago
I wish I owned my home but unfortunately, I don’t have rich parents :(
9point6@lemmy.world 10 months ago
Why should someone be allowed a 2nd home without penalty in a country with housing scarcity?
I’d say at least a 50% value tax on that as unnecessary consumption
BestBouclettes@jlai.lu 10 months ago
Because it’s not unreasonable to have a primary home and maybe a vacation home, or a family home, or a rental. More than that is absurd.
The scarcity would decrease pretty fast, coupled with a situation where private companies can’t own houses and apartments, that would pretty much solve it
9point6@lemmy.world 10 months ago
But what if no empty house?!
😫😫😫
lemmyseizethemeans@lemmygrad.ml 10 months ago
Having to sell to whom though. Blackstone or another private equity firm who buy on massive amounts of credit then jack up rents via monopoly pricing?