Re:Let's build houses for people, not cars
by pjc50 on Tuesday August 27, 2019 @10:05AM
(#20809682)
Stamp duty is not a proper property tax because it's only paid on transfer of the property. I'd quite happily abolish it in favour of a true annual valuation-based tax. Besides, it's quite easy to evade: have the property be owned by a shell company in an opaque jurisdiction. Sell the company.
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Re:Let's build houses for people, not cars
by Scoundreller on Tuesday August 27, 2019 @10:50AM
(#20810138)
And it discourages/punishes people from moving to the right home for their changing family size/situation and changing job situation.
Instead people end up commuting longer distances.