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I can't say that I've ever been a supporter of NG, wiskers,...

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MasterStrategist

11,036 Posts.

1972

19/06/23

13:21

Post #: 68358237
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Originally posted by wiskers: ↑

Hi MS, I agree with you 100%, but do you want a drop in property prices?

I can't see anyway of fixing the crisis except by removing favorable tax concession for residential property

I would go further than Blueballs and triple land tax now.

That would get the prices down and allow people to get in a home.

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I can't say that I've ever been a supporter of NG, wiskers, given rent and capital appreciation should be more than enough incentive for LL's. But tripling land tax in this inflationary environment would be counterintuitive IMO.
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