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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by pydry on Friday March 24, 2023 @01:53PM (#35292978)
The wealthy in the UK are largely landed gentry. They can't flee with their property and if they sell it off at firesale prices to ordinary folk to avoid being taxed that would largely solve the housing crisis.

The problem wouldn't be that they would leave. The problem would be that they would stay and become violent.

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by NovemberWhiskey on Friday March 24, 2023 @01:58PM (#35293063)
https://www.thetimes.co.uk/sunday-times-rich-list

Eyeballing this, only 11 of the top 50 richest people in the UK have property as their source of wealth.

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by ambicapter on Friday March 24, 2023 @03:24PM (#35294206)
"only"? That's >20%.
Re:UK: Food inflation rises to 18.2% as it hits highest rate... by pydry on Friday March 24, 2023 @08:08PM (#35297427)
Not really sure I'd call the "Hinduja" family wealth "British" although what wealth they do have in the UK is undoubtedly in property.

There's quite a number of very rich foreigners who economically have very little effect on the UK apart from monopolizing scarce inner city property.

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by ChuckNorris89 on Friday March 24, 2023 @02:29PM (#35293496)
>The problem would be that they would stay and become violen

So? Let them be violent. What are they gonna do? They don't have guns like in 'Merica.

They're dangerous not because they'll be violent (they won't be), but because they hold missive political leverage.

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by pg_1234 on Friday March 24, 2023 @02:26PM (#35293450)
Or, for a really simple solution, tax the land.

Not the structure built on it (well ... not much ... and you can often just tax that through the resources it consumes).

Not only are you taxing the asset that can't flee the country, and which the poor typically don't own, you also incentivise efficient land usage (it becomes too expensive to be a NIMBY).