Will they do it? Do they have the guts to bring in a LVT?
This will open up the system for more private companies to buy land
Ireland: we’re going to lower income tax by introducing a new 30% tax band to help the squeezed middle class.
Ireland: only joking, we’re going to increase property tax instead.
Demand is driving and dictating the price at the moment. I don’t see how lower land prices help anyone except the developer
Commission of Communists!!!!!!!
I’m not convinced, but it’s worth a try.
but this policy doesn’t increase house prices. why would they do that
Only give planning permission for infastructure, when the applicant has shown they have means to build. And planning permission should be revoked when transferring the ownership of land.
Sounds nice, until we hear about the carveouts for farm land rezoned, pension funds, brown field sites whose owners are abroad, closed shops etc. etc.
It’ll never happen. Land is in our psyche. I blame the field.
*”Can I split all my land in to small holding companies to lower this rate of tax by any chance ?*
*It’s still my land but you know it’s spread out to holdings, I share them holdings with a fair few people too.”*
Would this apply to vacant land that is zoned for commercial/industrial use, or just vacant land that’s zoned for residential use?
I guarantee you landlords will throw up the rent again if they can in an attempt to “recoup their losses from time unoccupied” when this is introduced.
Lol, that’s all you can do really. Less rentals, higher rents, and by the way house prices are not high it’s taken them 15 years to recover from previous highs. If you adjust that for inflation theyre about 20-30% off their 2006/7 peak..
It’s a good idea. If you can’t get value out of land you should be encouraged to sell it on. No exemption for farmers. If land is worth “a million” on paper that means someone would pay a million for it. It’s worth that to them. If you own it and it’s not worth that to you, sell it to them. They get the land, you get a million!!
Ah yes the thing we all knew a decade ago that we still havent done…
17 comments
Will they do it? Do they have the guts to bring in a LVT?
This will open up the system for more private companies to buy land
Ireland: we’re going to lower income tax by introducing a new 30% tax band to help the squeezed middle class.
Ireland: only joking, we’re going to increase property tax instead.
Demand is driving and dictating the price at the moment. I don’t see how lower land prices help anyone except the developer
Commission of Communists!!!!!!!
I’m not convinced, but it’s worth a try.
but this policy doesn’t increase house prices. why would they do that
Only give planning permission for infastructure, when the applicant has shown they have means to build. And planning permission should be revoked when transferring the ownership of land.
Sounds nice, until we hear about the carveouts for farm land rezoned, pension funds, brown field sites whose owners are abroad, closed shops etc. etc.
It’ll never happen. Land is in our psyche. I blame the field.
*”Can I split all my land in to small holding companies to lower this rate of tax by any chance ?*
*It’s still my land but you know it’s spread out to holdings, I share them holdings with a fair few people too.”*
Would this apply to vacant land that is zoned for commercial/industrial use, or just vacant land that’s zoned for residential use?
I guarantee you landlords will throw up the rent again if they can in an attempt to “recoup their losses from time unoccupied” when this is introduced.
Lol, that’s all you can do really. Less rentals, higher rents, and by the way house prices are not high it’s taken them 15 years to recover from previous highs. If you adjust that for inflation theyre about 20-30% off their 2006/7 peak..
It’s a good idea. If you can’t get value out of land you should be encouraged to sell it on. No exemption for farmers. If land is worth “a million” on paper that means someone would pay a million for it. It’s worth that to them. If you own it and it’s not worth that to you, sell it to them. They get the land, you get a million!!
Ah yes the thing we all knew a decade ago that we still havent done…
Cheaper housing? This sounds like a job for FFFG!