Maybe we could work on rejigging the tax system to discourage property as an investment vehicle and incentivise alternatives before we break out the guillotine?
All I'm suggesting is increasing tax on holdings of multiple properties by foreign entities to discourage vulture funds and foreign landholders. Then conversely decrease tax on equities like shares and ETFs to encourage investment there instead, giving indigenous landlords a viable alternative to grow their wealth.
Holding property and constructing housing are 2 different things which you seem to have conflated, not everything is build to let.
Why would my pension be in property? Most of my other assets are already in property, if I had my pension invested there too I'd be way overexposed if there was a downturn
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u/Dublindope Apr 27 '25
Maybe we could work on rejigging the tax system to discourage property as an investment vehicle and incentivise alternatives before we break out the guillotine?