Government policy for the past decade re- property construction & taxation has been nothing more than a colossal game of Buckaroo !
and taxes for landlords should be high & mighty to stop a repeat of this.
But there should be no additional taxes for owner-occupiers.
State control of the rental-industry, with high taxes for landlords, is needed.
The spread of the system of concentrated mass-property ownership among a minority, pushed up prices for residential buyers ( who are now in negative equity )copperfastened a two-tier society in the country that did not exist before, was a strong pull-factor in inward immigration above all numerical reasoning (and existing jobs) and was the means through which the country was sunk.
Despite price-collapse, etc., all Government efforts to date have been designed to erect a scaffold around the speculate-to-let bank/developer pyramid scheme, which they dream of resuming in the not-too-distant future.



LinkBack URL
About LinkBacks
Reply With Quote