Owning your own home

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ReekBlefs

Wasnt sure whether to post this in the politics thread or here but - Labour amendment to reduce existing ground rents to a peppercorn defeated by 144 majority.

https://labourlist.org/2022/01/tories-reject-bid-to-protect-existing-leaseholders-by-144-vote-majority/

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NickCJ in reply to @ReekBlefs

Probably the right answer. Would be a huge expropriation if all ground rents (including relatively sane ones that go up 2-3% p.a.) were zeroed, presumably the government would spend years in court against the insurance companies that own these things to implement it.

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