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Idk. I'm in favour of the concept, but I thought the generally proposed number was much higher
Thomas Piketty has argued that all citizens in France should be given a once-off payment at 25 of €120,000, as a type of universal inheritance.
But yes, it needs to be funded by IHT to effectively give an equitable "inheritance" to younger people at a point when they can use it to develop themselves, rather than enabling 50yos to build a nice kitchen extension.
hugo7-
I agree the concept has merit but the risk is that eg small (first time buyer) houses increase in value so house builders or institutional property investors end up with the money anyway.
Edit: I don't necessarily have an issue with property investing but would like to see it married with rent controls so you can't have some poor ass 21yo paying the full mortgage and an amount of profit for a delinquent with the ability to take on debt.
Grumpy_Git
Prices will increase and the Tory hoarders will get the wealth. There's likely no real value in it.