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The answer to the mess of property tax

Here's the way to make housing more affordable

By Kate Barker   November 2015

© Mikey

Tax reform is a crucial part of the solution to the UK’s housing problems. Some proposals—such as taxing sites with unbuilt planning permissions—come around frequently despite their lack of merit. Improvements in the taxation of housing have little attraction for politicians, as they need to be gradual—so they don’t offer quick fixes—and are controversial.

Tax proposals should come from a clear diagnosis of the housing market. The key issues can be expressed simply, although details may differ according to location. Because England is densely populated, we are…

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