NG and CGT were both based upon the normal taxation rules that apply to any other sort of commercial business, buying and selling homes is a business
Private homes had some relief from these rules
All tax is a cost not an asset
So if a tax is removed it may remove the opportunity for higher tax but there is never a loss of asset for the government as they never has it to lose it
IMHO CGT and NG are bad taxes that shold never have been inposed in the first place but many thousands of ordinary people have based their stratagy and investment upon their existence and now there are moves to "change the goal posts"
If these taxes are imposed there is a very small chance that there will be any increase in properties available, but there will be a short drop in prices as the only benefit, but also a big drop in available rentals
