MegaSack DRAW - This year's winner is user - rgwb
We will be in touch
Have we done foreign stag dos and extravagant weddings yet?
Ohh, sounds nice..
Where are we going?
Whilst it’s time that something should be done to ease the burden upon the young, handing out wads of dosh will not fix any problems just drive up property prices. Similar things happen when incentives to stamp duty etc are applied.
whilst the sentiment of many to removing the right to be a residential landlord is well intended it would cause chaos.
building large nrs of homes over a long period say two decades + slowly ramping up taxation upon landlords (other than social housing) would drive properties back on the market depressing the rampant property inflation
making those in social housing who are in the higher income bracket either pay market rates or invest the gap amount until they have a suitable deposit (if unused at retirement it would have to go in to a pension)