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Epistatacadam /
npub170r…zj72
2023-10-12 08:21:22
in reply to nevent1q…pql2

Epistatacadam on Nostr: npub1g0tuf…3tvm4 I'd like to see the house price determined by a fixed formula, ...

npub1g0tuf634rz4suczwj7kgnecr6cyt0eu9xmp3sp0fku68mqehq4msp3tvm4 (npub1g0t…tvm4) I'd like to see the house price determined by a fixed formula, based on curtilage, and enclosed floor area. This would help equilibrate house prices across the UK. It would also redistribute wealth away from London and SE. It might also remove concerns about inheritance tax, as estates in SE would loose the house value element. It would also remove the speculative bubble on housing. As the profit from house price inflation would disappear. This inturn would reduce inflation overall.
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npub170r366zfvq83gepw2jfjj5qzpujdpm4vsdf73hpwprl0zj236yxsaezj72