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Stonehedge
@slippers
If the CGT policy were at all tenable (it's not politically, but should be), the implementation would likely start for gains in the future, and not back-dated.
We're not going to see 400% gains in the next decade or two (base rates are not going back to 0%), and the government would have to engage in unrealistic levels of QE and demand-side pumping to make anything close to that level of housing inflation happen again.
So in that instance, old Flo can happily downsize, banking 40 years worth of inflation untaxed, and probably outbid younger families for the already low number of 1–2 bedroom starter homes in the country.
This country's housing policy is fucked.