Opinion: Its time to ban foreign landlords from London’s housing market
https://www.economicuk.com/post/is-it-time-to-ban-foreign-landlords
Posted by nitrammm
Opinion: Its time to ban foreign landlords from London’s housing market
https://www.economicuk.com/post/is-it-time-to-ban-foreign-landlords
Posted by nitrammm
6 comments
It would seem that UK property being held in a personal name, UK company name or REIT would bring in HUGE revenues for the government. But at this point, they seem to be doing everything in their power not to tax the wealthy. How many properties are owned by obscure offshore trusts? But no, no. Let’s go after the disabled.
Counterpoint: That time was decades ago.
You shouldn’t be allowed to buy any UK homes unless you’re a UK resident and pay taxes. End of. China buying them as investment and Russia as well as every other country is mental. UK houses for UK people.
It’s time to ban all landlords from any urban housing market.
Foreign landlords are only in it for the money and nothing else and are never around when work needs to be done,I know this from my own experience living in a privately owned house in a ground floor flat and the ceiling fell down.
Any house that’s unoccupied for 10 years to be reclaimed as council housing (no exceptions for random 1 month rolling contracts that don’t roll)
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