Foreigners don't need to buy property in the UK, nor do "non doms". It isn't essential.
Why not scrap stamp duty for houses less than 2 x the local average, and charge 20% VAT for all residential property transfers to foreigners?
Article for @UKMallard in prep.
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Als antwoord op @JonMarcStanley @UKMallard
The large scale foreign ownership of residential property in this country is a scandal. It has contributed hugely to price rises and supply issues and needs to end. Boris, however, wants more of it.
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Als antwoord op @hotplinth @UKMallard
And a massive housing benefit bill paid for by...income, not property tax. Dirty game.
10:37 - 21 mrt. 2021
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