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

When Bliar and Broon started blowing the biggest property bubble in history that would price future generations out of home ownership Labour left their founding values long behind, the older people being asked to pay some tax now bought their house for two times wages, they had it much easier and fairer TBH.

Reform are the only solution, less people in the country, more people in work.

Starmer and Reeves loved stirring up that envy based politics. Really bad and damaging stuff. They’ll be honest soon. Hopefully AB will be somewhat better but who knows with this property tax stuff.

Yes the problem is about half the threads on here are filled with posts wanting the same thing. More taxes for someone else.

Why can’t every meeting be how can we get more work for people, and more into that work

It’s such a bad world view no wonder young people are being hit by higher unemployment.

In 1990 you could buy ex-council houses in some parts of the UK for 15k, people will argue that Thatcher kicked off the "lack of supply" problem (which is obviously not the real problem") 1996, a property bubble? The last crash was just ending at that point we were nowhere near a bubble in 1996, maybe you could argue that that was the very start of this one,or that it goes back to the early 80"s and "Reaganomics", which Thatcher was on-board with but Brown and co. lit the touchpaper of a massive out of control bubble when they could have stopped it getting out of control.

https://www.ft.com/content/48d26910-4798-11df-a4a6-00144feab49a

Interesting.

How is forcing people to take in a lodger, sell their home or go into debt because they cannot afford a substantial increase in tax after the goalposts have been moved, so they can be replaced by people who can afford to pay more, any different, in principle, from landlords evicting tenants to bring in new tenants who can afford the higher rent they want to charge?

As for the rest of your points, many pensioners are already paying taxes, and many people living alone in single-occupancy homes are still working. An annual jump from £3.5k to £8.5k would be difficult for most families, let alone individuals.

@EasternStandard my point is that the bubble started before Blair came to power with the 1996 introduction of “Buy to Let” mortgages. What is the "rest" that you are talking about? If it is envy based politics, then surely "Right to Buy" in 1980 has to be the most obvious choice for that. Making it seem like people in council housing should be so envious of homeownership that they should buy their council house?

@EasternStandard my point is that the bubble started before Blair came to power with the 1996 introduction of “Buy to Let” mortgages. What is the "rest" that you are talking about? If it is envy based politics, then surely "Right to Buy" in 1980 has to be the most obvious choice for that. Making it seem like people in council housing should be so envious of homeownership that they should buy their council house?

Maybe Labour will ask them to take in a refugee for a tax discount? I agree with what you say though, not everyone will want a student in their back bedroom to pay a tax, although many younger people are now doing it to pay their mortgage debt I hear? I suppose the thinking is that if you are able to run a big house you are able to do some part-time work to pay your taxes?

Isn"t the idea that working people in smaller flats who are more economically active ( working and buying) pay less tax?

The property bubble had started before Blair came to power in 1997. The 1996 introduction of “Buy to Let” mortgages whilst the Conservatives were still in power made it easier for higher-income earners to invest in rental properties. Housing construction also declined from 1990 onwards meaning less new properties available for an ever growing population - again this started under the Conservative Govt preceding Blair.

What is it you think Blair & Brown particularly did?

Starmer and Reeves loved stirring up that envy based politics. Really bad and damaging stuff. They’ll be honest soon. Hopefully AB will be somewhat better but who knows with this property tax stuff.

@EasternStandard in 2024 the Government statistics showed that almost two-thirds (64.5%) of UK adults own a property. We have not changed fundamentally from a nation of homeowners to a nation of renters!

The property bubble had started before Blair came to power in 1997. The 1996 introduction of “Buy to Let” mortgages whilst the Conservatives were still in power made it easier for higher-income earners to invest in rental properties. Housing construction also declined from 1990 onwards meaning less new properties available for an ever growing population - again this started under the Conservative Govt preceding Blair.

What is it you think Blair & Brown particularly did?

When Bliar and Broon started blowing the biggest property bubble in history that would price future generations out of home ownership Labour left their founding values long behind, the older people being asked to pay some tax now bought their house for two times wages, they had it much easier and fairer TBH.

Agree and supporting a policy just because you personally won’t be affected or will be better off whilst acknowledging others won’t be is pure envy
Particular if there’s a complete lack of awareness or indeed care how the economy as a whole will or may be affected

Labour has a track record for this very recently and
needs to start making the figures and potential fallout stack up

Interesting stats. Thanks.

Agree and supporting a policy just because you personally won’t be affected or will be better off whilst acknowledging others won’t be is pure envy
Particular if there’s a complete lack of awareness or indeed care how the economy as a whole will or may be affected

Labour has a track record for this very recently and
needs to start making the figures and potential fallout stack up

Yes the problem is about half the threads on here are filled with posts wanting the same thing. More taxes for someone else.

Why can’t every meeting be how can we get more work for people, and more into that work

It’s such a bad world view no wonder young people are being hit by higher unemployment.

Yes the problem is about half the threads on here are filled with posts wanting the same thing. More taxes for someone else.

Why can’t every meeting be how can we get more work for people, and more into that work

It’s such a bad world view no wonder young people are being hit by higher unemployment.

Looking at this from a historical perspective
This is nothing new
but more importantly many pensioners, particularly, already do this.
If they are already renting out rooms to get by this isn’t the answer

The 1960s to 1990s: Lodging plummeted as homeownership surged from 42% in 1961 to peak at 71% by 2003. Rising incomes and the stigma of having "strangers" in the home meant fewer homeowners took in lodgers.

The Late 2000s & 2010s: The trend reversed. In 2009, only 1.4% of homeowners let out a spare room, but this nearly doubled to 2.7% following the financial crisis. The government's Rent a Room Scheme provided tax-free thresholds to encourage the practice.

The 2020s: Economic pressures led to a surge of pensioners and retirees acting as live-in landlords, increasing threefold between 2015 and 2025. Data from SpareRoom indicates that around 43% of lodger landlords are now retired, using the extra income to cover day-to-day bills and top up pensions.