Anyone else in the South East worried about Andy Burnham bringing in a land tax?

I pay £2000 per year more in Wales for similar band in London.

Absolutely disagree.

Exactly this. Houses are to be lived in. They are not assets to make money from. That is what has fuxked our younger generations.

I mean, most pay council tax, so if this is replacing it then I am confused as to how that would work.

He 'could'. 'might', 'potentially'

Nothing official has been announced.

Of course they mostly would - they mostly don't own properties and their rents are subsidised. Ironically LVT will lead to further increases of rental prices, so taxpayer will have to cover this as well for benefits claimants

What are Andy Burnham's potential policies? - BBC News

One of his policies is to replace IHT with national care levy to fund social care. Can't find the link now, but he was talking about 10% levy on all estates (which now include unused pension pots) increasing progressively. So I won't be surprised if he includes all estates, even those under 500k into renamed IHT. This won't be taxing rich exactly, especially in context of house prices we discussed here

Would people on benefits be immune to this land tax?

Ofcourse, let’s make everyone pay land tax to continue the rise in benefits!!. Clearly only Burnam fans posting tonight. Let’s see how happy you all are in 12 months

I do pay for myself, by virtue of being a net contributor.

You don’t pay for me whatsoever.

As an aside, unless you like traffic and crowds, I see absolutely no reason to even go to London to be honest.

I agree, properties over 3 million should pay proportionately which they currently do not. Let's tax the rich . . .

London/SE pays for you - repeating myself here, but we subsidise the rest of the country as we are the only ones who generate more than we spend. You’re welcome. So what’s with the ‘London should pay (even) more because they have better museum’ shit ?

Next door just sold for 250000 so about 6 - so your average salary in the area is just over 40k? means you can buy a small house in a worse area for 2.5 annual salary? Is this right?

The cheapest one bed flat (and let's don't forget that flats attract service charges, 4k pa at least) is 400k in Westminster. Average salary is 50k, so it's 8 years to buy one of the cheapest one beds, not even a small house. I appreciate that absolute numbers might feel unfair to you, but look at the total picture.

You draw conclusions about policy based on a very few exclusive cases, whilst this will affect millions of people.

However the electorate in the south east largely vote for austerity, poor public services and council tax…

Next door just sold for 250000 so about 6. But wages up here are much lower in general. You could buy a small house in a worse area for 100000.

How many years of an average annual salary it takes to buy an average property in your area?

I think you need to look up council tax rates. We live in a nice area of a very deprived NE town. Comparable bands are hugely lower in many southern areas. So unfair. Yes houses are cheaper but wages are much lower.

Band F: £120,001 - £160,000 | £3,680.51 here.

Band f in Westminster
£1,513.56

What benefits?

@MrsPapillonLondon doesn’t take up 25% of UK land mass - so pays a disproportionate amount of your benefits

Regional and subregional labour productivity, UK - Office for National Statistics

Labour productivity, whether measured by output per hour worked or by output per job, was higher in London and the South East than the UK average in the latest 2023 figures; in London, output per hour worked was 28.5% above that of the UK average (represented by 0.0%), and output per job was 35.3% above that of the UK average.

ETA: @MrsPapillon London makes so much money because it’s bigger and so many banks, financial services, big tech etc have their head offices there, not because you’re all working harder. GDP per capita is £69,000 in London vs. £65,000 in Manchester. Don't you see a bit of inconsistency here? London population is only 13% of UK, yet generates 25% of tax. Then you compare GDP per capita - so you're making a point it's not about size?

Yup - the banks etc generate the money and that can only be in one place - the capital city.
@MrsPapillonam SO excited to see your evidence that London/SE doesn’t subsidise the rest of the country and pay more than it takes (unlike rest of the uk). Just stand down

Look, he's been trying to get the job for a while, he's now got it. He will have some honeymoon thanks to personal charm. His policies though? let's see

If he wasn't voted in - why not? he used an interesting campaign trying to separate himself from Labour.

How Andy Burnham won Makerfield

"Burnham’s team set about distinguishing itself from the national Labour Party, which, in a nod to Prime Minister Sir Keir Starmer’s unpopularity, he promised to “change”.

The split of the right is irrelevant. Burnham got more votes than all the other parties combined.

The 'split of the right' is irrelevant as Burnham got 55% of the vote.
Reform have had three bad by elections in a row now.