https://www.moneyexpert.com/news/oversupply-of-london-new-builds-resulting-in-lower-premiums/

Easy peasy loophole there

https://www.ft.com/content/acdac91e-b80c-11e8-bbc3-ccd7de085ffe

Rent it out every 2 years for min contract length and then evict

You can't

Ah great and when I can afford a luxury London flat I'll see pigs flying

I can

Actually you can't

Because you said Grace period

there is a consensus that there is definitely an oversupply

You not realise how hard it is to evict people these days?

I'd say as long as it's on the market you would be granted grace, but I'm not for the "Tax empty houses" solution

My landlord right now can give me a month to leave as I'm now on a rolling contract

Change the period of time required for a home to be considered "occupied", then that's fine @Joshu

New laws coming soon, Joshu

Or, set a minimum period of occupancy

Such as 6 months.

Then that's fine.

Aims have been met

People are using those empty homes

The biggest thing i'd do to fuck over your rental portfolio, Joshu, would be to end the practice of paying housing benefit to people in private rented accomodation

so cut social housing supply?

Yes that's what he is saying

couldn't you just juggle your place of residence around multiple homes @Nathan James 123 to avoid this tax?

No, "private rented accodomation" isn't "social housing" supply

Or force councils to pay over the odds

For peoples private houses

To buy them

Build them

This is a tax that the building owner would pay @killerqwerty

Because if I knew there was a huge council demand

Phase it out over time

Damn right I'm holding out for big money

It's to prevent people sitting on empty homes for stupid amounts of time

they already have a lot of social housing tbh

@Nathan James 123 if it's unoccupied, so if I move into it, it's no longer unoccupied.

Problem solved

Someone is using that house

every single development that has occured in the UK over the last decade... 25% of them HAVE to be social housing

Tax payers shouldn't be paying for Rent Seekers investment returns

Which is what we want