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201

Greens Vote To Make Abolishing Landlords Party Policy (www.politicshome.com)

submitted 3 weeks ago by sabreW4K3@lazysoci.al to c/uk_politics@feddit.uk

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[–] ns1@feddit.uk 13 points 3 weeks ago (1 children)

Starting with rent controls and abolishing Right to Buy, a future Green Party-led government would also tax landlords via business rates on Airbnbs and double taxation on empty properties.

Under the proposals, the party would also end Buy to Let mortgages and give councils the Right to Buy when landlords sell properties, when the property doesn’t meet insulation standards, or when a property has been vacant for more than six months.

Carla Denyer, Green MP for Bristol Central, sought to stress that despite the motions "eye-catching" title, "it does not actually 'abolish' landlords".

[–] HumanPenguin@feddit.uk 14 points 3 weeks ago (2 children)

The taxing empty property 2x is smart.

Clearly someone recognised that as soon as they gain power. A lot of land lords would start refusing to rent. In the hope of creating a housing shortage and forcing the gov to reset.

The taxation forces them to either rent or sell. And sell at a reasonable price given changes in the market.

It prevents wealthy property owners trying to hold the gov hostage.

[–] Alteon@lemmy.world 4 points 3 weeks ago

I had a better idea. What about every additional house you own drives up the tax rate on every house you own by 1-2 %? This makes it affordable to still own a vacation house if you really want one, but by the 3-4th house, there's zero profit margin on the houses (if you're renting them out and it quickly becomes pointless or expensive to own multiple properties.

[–] phutatorius@lemmy.zip 1 points 3 weeks ago (1 children)

This just creates a market for fake tenants.

[–] WraithGear@lemmy.world 5 points 3 weeks ago (1 children)

i would assume fraud would be illegal

[–] AceFuzzLord@lemmy.zip 2 points 3 weeks ago (1 children)

As long as the government doesn't catch wind, I don't think landlords would give a damn.

[–] WraithGear@lemmy.world 3 points 3 weeks ago

if they are going to commit fraud anyway, then you might as well as pass the law