General Election 4th July ...

Here's a proposal, people can only own 2 homes (home and holiday home) and foreign nationals have to receive special dispensation to own a second home here (decisions based on local area, how many homes are second homes and if the local area is becoming unaffordable for locals).

 

Now that Boris and his cronies have gone that's possible.

He happily allowed Russians and Arabs to mop up endless London properties ...

... not to mention a football club in the NE

 

Here's the thing, when we talk about the ultra-rich, most people think of Rhys-Mogg types, but I've seen the top-10 list and let me tell you, it's way more international than people think.

 

Go on then ...

 

Ratcliffe is one of em, another is literally hoovering up money and isn’t even hiding it
https://www.standard.co.uk/business/business-news/rich-list-2024-who-are-the-wealthiest-people-in-the-uk-b1158363.html

 

4 Jews, 3 South Asians and 3 Brits (Ratcliffe is one of them, one of the Brits is actually Canadian).

 

Why do you nominate the first 4 by their 'religion' and the rest by nationality out of interest.

 

I don't, it's their ethnicity.

 

Are they British Jews and British Asians and British Canadians?

 

If you mean, do they have dual-citizenship and can scarper at the first sign of tax increases, yes.

 

Well if you leave inter continental partnerships that becomes easier. Less places to hide when you collaborate.

 

I wasn't a Brexiteer.

I have to say lads these responses are a bit odd. We're talking about the ultra wealthy, and how Boris allowed Arabs and Ruskies to buy up large amounts of property, so we're on the same page, I suggest that the ultra wealthy are very international perhaps more than the average person realises, at this point it becomes a problem? Weird.

 

I’m not saying you were. The point that the EU went to tighten up the laws on tax avoidance was the time the Tories and the wealthy Eton boy Farage leapt on Brexit. The Tories wanted the wealthy to come but the incentive was that they pay less here, presumably so they’d invest, possibly in their party I’m not sure, but it’s definitely not helped the rest of us.

 

TBH I'd think most people know the situation.

It's not always a problem if wealthy people come here and bring jobs or investment.

The mega wealthy buying mega expensive property doesn't worry me particularly.

I do think there should be more regulations on property ordinary people can afford ...

... having landlords buy up swathes of property isn't always a good thing imo.

 

Not sure it is ever a good thing.

 

If it's a run down block of empty flats, needed renovation, perhaps.

 

I'm not a class warrior, I do not think material conditions define who we are and how we should view the world, though they are obviously real and fairness of living standards between our people should be in the interest of the government.

I would outright ban property conglomerates, as I said - I fail to see why someone would need to own more than 2 properties, especially people who are actually Indian or Israeli by citizenship (to use the examples on the rich list), not because I hate the rich but because the country is becoming dangerously unbalanced in terms of wealth distribution and it's completely normal to want the country to put us first.


edit::

If we're going to be fvcked by billionaires, I'd rather tbe fvcked by someone who has a stake here in terms of culture and heritage, perhaps even a sense of obligation, rather than someone who can run off home with the cash when things get tough.

 

What problem would me, for example, being allowed to only own 2 homes solve?

 

I suppose I would ask you, why would you need to own more?

 

Investment? I perhaps feel bricks and mortar is a safer long term savings plan than a pension / stocks and shares.