Residential property shouldn't be an 'investment' at all.
Ramp up to 90% tax on rental income, receipts ringfenced for local authorities to purchase/build new housing stock. Local authorities to charge based on servicing house build/purchase cost over average working life (so probably something like 40 years) ie. longer than usual mortgage terms.
Make private landlording un-profitable and uncompetitive and it will go away.
How about addressing taxation on inherited property hidden in trusts or by other means + offshore ownership? (Of course this lot wouldn’t go for that) Possibly less likely to hit the little (littler) guys?
Residential property shouldn't be an 'investment' at all.
Ramp up to 90% tax on rental income, receipts ringfenced for local authorities to purchase/build new housing stock. Local authorities to charge based on servicing house build/purchase cost over average working life (so probably something like 40 years) ie. longer than usual mortgage terms.
Make private landlording un-profitable and uncompetitive and it will go away.