Message from @Nathan James 123
Discord ID: 631520017925799961
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
Rather than it remaining empty for 10 years
and if I do that with 2 or 3 houses, what is the difference?
to just having 1 or 2 empty houses?
Social Housing needs to be at a price point that is affordable in real-life circumstances
You would be paying the tax, per house.
If you own 6 which are un-used. You pay the tax
It should be the natural competitor to the private rental market
Which increases, the longer it remains empty
its already at something like 25% discount for key workers
"the longer it remains empty" that's the problem, because I'm moving in and out of them an a weakly basis.
Getting all command economy up in here
so it will never trigger
That doesn't matter
The home is being used
Which is the aim of the policy
It's to force people to rent out, or sell their empty home
Such an easy policy to loophole around
Typically gov beaurocractic pointlessness
notice how the warnings of oversupply in london will cause price drops in the city back in 2015 ... and now the london prices are steady/dropping ... theyre blaming brexit 😛
no it's not though, I just list my place of residence as that house for a week, it's still not being used