Starting with rent controls and abolishing Right to Buy, a future Green Party-led government would also tax landlords via business rates on Airbnbs and double taxation on empty properties.
Under the proposals, the party would also end Buy to Let mortgages and give councils the Right to Buy when landlords sell properties, when the property doesn’t meet insulation standards, or when a property has been vacant for more than six months.
Carla Denyer, Green MP for Bristol Central, sought to stress that despite the motions “eye-catching” title, “it does not actually ‘abolish’ landlords”.
The taxing empty property 2x is smart.
Clearly someone recognised that as soon as they gain power. A lot of land lords would start refusing to rent. In the hope of creating a housing shortage and forcing the gov to reset.
The taxation forces them to either rent or sell. And sell at a reasonable price given changes in the market.
It prevents wealthy property owners trying to hold the gov hostage.
I had a better idea. What about every additional house you own drives up the tax rate on every house you own by 1-2 %? This makes it affordable to still own a vacation house if you really want one, but by the 3-4th house, there’s zero profit margin on the houses (if you’re renting them out and it quickly becomes pointless or expensive to own multiple properties.
This just creates a market for fake tenants.
i would assume fraud would be illegal
As long as the government doesn’t catch wind, I don’t think landlords would give a damn.
if they are going to commit fraud anyway, then you might as well as pass the law
Well, the Greens just got my vote.
lol downvote from the chode who’s mum’s a landlord
I downvoted because rent control is an idiotic idea that just reduces housing construction.
of course you do.
tell your mum I said hi.
I know fuck all about UK politics, but bring em to the US.
They also oppose nuclear power and wind farms if they might impact house prices.
They seem to be moving away from that
Yes fucking please.
This seems like a really sensible combination of policies. Go Greens 👍
I’m (now somewhat half-heartedly I’m sad to say) going to give the Your Party project a chance to redeem itself and if it doesn’t seem viable after the conference I’m joining the Greens.
Lmao. I can’t believe we’re in a situation where even the fucking Greens support abolishing landlords while Your Party has a landlord as party secretary.
There should be a new party called The Actually Liberal Party who just do what Your Party it’s supposed to do, but won’t do due to terrible organisation.
cc uplifting news
I applied to view a house the other day and the landlord started to interview me before giving a viewing and has now stopped replying.
IN SO GLAD FOR THIS OPPORTUNITY TO PAY SOMEBODY ELSE’S MORTGAGE
Nothing’s worse than a long-running seller’s market where the government is too weak to intervene.
My first thought was, “there’s a Landlords Party?”
The Conservative Party, for one.
If there are no more landlords then there is no more private renting? Where will people be able to live while they build up a deposit?
Public renting, not for profit
Great. Who is renting out all these houses?
Never heard of council houses? I know Thatcher sold off most of them but a few still exist. Right to buy is terrible.
Yep. Currently very oversubscribed so you’ll need to build more. How much are the greens planning to invest in the council house estate while they roll back private landlords?
It would typically be the local council of that particular area.
Ask them, I’m not in the UK.
I would assume a non-partisan government entity of some sort. The same way public utilities or public health care is handled.
Welllll
Carla Denyer, Green MP for Bristol Central, sought to stress that despite the motions “eye-catching” title, “it does not actually ‘abolish’ landlords”.
For starters.
This is to make investment properties and landbanking less attractive. There will still be landlords. But slumlords and opportunists will be less attracted.
And it’s also allowing:
[…] give councils the Right to Buy when landlords sell properties, when the property doesn’t meet insulation standards, or when a property has been vacant for more than six months.
So that also partially answers your question about council housing numbers.
All there in the article
Having lived in a badly insulated rental I’ve often thought there should be some sort of incentive to encourage landlords to improve the energy efficiency of their properties. How to frame a tax that didn’t immediately get passed onto the tenants?
In Vic we have “minimum standards” as part of our reforms. Property has to meet them. It’s still gradually improving, the big issue is our tenants tribunal is backlogged and needs a fuckton more resources
Break the house price into weekly deposits so that after 20 years you then own the house.
Basically renting should give you a percentage of ownership instead of just going to the landlord.
I mean that’s what a mortgage is. Who’s underwriting that?
The renter has no role in a mortgage.
Just in time for Corbyn to split the left vote because he can’t bear the thought of anybody else being in charge.
