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By Reg Smeeton · Posted
Despite making over £500k gain for doing nothing other than living in the house I bought, this budget is barely affecting me at all. Meanwhile I watch under 30s struggle to afford rent in shared houses while I look back to the happy days when us boomers could buy a two bed flat in East Dulwich on a single salary. It's stupidly unfair, and the only way to make it fair will be for the government to redistribute some of this unearned wealth - otherwise, just wait till the angry Millennials get into power. A property tax seems like the fairest way to do this. p.s. I was expecting that the Government WOULD put up property taxes on houses like mine. Maybe they will one day. Seems fair to me. -
If you think the government will only be taxing homes over £2 million then wait a few years till they apply a property tax to all homes. Trust me, this is only a foot in the door and soon we will.all be paying it, even renters who's rents will go up to cover their landlords costs. -
By Reg Smeeton · Posted
According to Rightmove, £2m will get you a 5 bedroom 3 bathroom house on Underhill Road, with a 60ft garden. If you think that's small, I can't imagine what kind of palace you must live in. Jeez. -
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