The Mansion Tax

[lindylou]

On 26/11/2025 at 17:23, CPR Dave said:

What do we think?

There's a couple of not very big ordinary family homes for sale on my street that will fall foul of this. 

Seems totally arbitrary to tax these people more than others imo. J hope the treasury will pay the cost of collection too, rather than burdening the council who won't benefit at all from this tax.

They should have just increased income tax.

 

Too bad. You, the left, voted for this disgusting party. Now you are crying because you have to cough up. I have no sympathy for any of you. 

[Sephiroth]

This is weird. I don’t think CPR Dave can be called “the left” 

 

I don’t know him - but if I had to categorise I would say somewhere in the “reform/upset Tory/maybe Green protest category”

and I don’t think anyone on the left is actually crying? The people I do know on both the left and lucky enough to own a home worth this much are in favour 

 

so, what  exactly are you saying Lindylou?

(I have many problems with the current govt.  On some issues (immigration) I think I would use the word disgusting as well.  Maybe for different reasons to you.  But as a government they are a disappointment and poor and not the shambolic 57 prime  ministers in 6 months we have been used to in last 10 years)

[Dogkennelhillbilly]

2 hours ago, Sephiroth said:

Every person complaining about a small amount of tax on homes above £2million is the direct enemy of every voter/government/plan to build affordable housing 

I don't really see the linkage between the two factors tbh

[Sephiroth]

4 minutes ago, Dogkennelhillbilly said:

I don't really see the linkage between the two factors tbh

Fair enough. Perhaps I’m wrong 

but the country can either have rising house prices or affordable housing. Which means falling house prices right?

or is there a scenario where all of the existing housing stock rises in value while the hundreds of thousands of new, affordable  homes are somehow immune to the same market forces?

How do we build enough affordable houses for our children yet insist on our own houses going up in value? Both can’t be true. Enough new housing stock has to lower existing housing prices 

if  not , where am I wrong?

[malumbu]

2 hours ago, lindylou said:

 

Too bad. You, the left, voted for this disgusting party. Now you are crying because you have to cough up. I have no sympathy for any of you. 

Why are they disgusting?

Takes me back to my earlier comment that some of you simply hate everything that Labour does.

That is not "dislike" or are "unhappy" with, but "hate".

 

[Spartacus]

I wonder if the tax will cause the £2 million plus market to stall but boost the sub £2 million market as houses sell for just below the threshold. 

Will a house that then sells for less than its £2 million value, say at £1,95 million  then drop out of the tax or will the goverment still tax it as though it was worth over £2 million?  

As the tax will obly raise 1/2 a billion, will the threshold creep downwards or will more houses go into it as property values increase ? 

So many questions that may need to be understood better before it is inplemented otherwise there may be potential legal cleans post implementation. 

 

[Sephiroth]

6 minutes ago, malumbu said:

Why are they disgusting?

Takes me back to my earlier comment that some of you simply hate everything that Labour does.

That is not "dislike" or are "unhappy" with, but "hate".

 

It’s definitely not analysis 

it’s just weird lashing out - calling CPRDave - a leftie? 

wont be often I come to his defence, but I can’t see any recent evidence to support Dave being a leftie