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Howard
@NickCJ
We used to have this in the U.K. until the early 60’s. I forget what it was called but basically the estimated rental income from any property that you owned and lived in was added to your income for tax purposes.
It makes a lot of sense if you think about it - you get taxed on any other form of asset income (dividends, interest, etc), so why should housing get a special exemption?