Seeing as we are talking about scarcity and affordability of housing, Moray Council in Scotland have implemented a scheme to make sure vacant properties are filled by increasing council tax by 50% in the first year the property is listed as unoccupied and then 100% every year thereafter.
Increasing supply would help to deflate the rental market bubble and therefore reduce the attraction for the buy to let / investment buyers.
Seeing as we are talking about scarcity and affordability of housing, Moray Council in Scotland have implemented a scheme to make sure vacant properties are filled by increasing council tax by 50% in the first year the property is listed as unoccupied and then 100% every year thereafter.
Increasing supply would help to deflate the rental market bubble and therefore reduce the attraction for the buy to let / investment buyers.