Tuesday, May 23, 2006

Where's the justice in second home ownership?

Guardian: Second home owners are the most selfish people in britain

Second homeowners are just plain selfish and need to be taxed to hell and back. Plus comments from readers.

Posted by inbreda @ 04:02 PM (696 views)
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7 Comments

1. Musn't Grumble said...

I'm not a tree-hugging Guardian leftie, but I find myself agreeing wholeheartedly with this article and the selfishness of having two homes. Second homes are a waste of resources and have destroyed the character in many villages throughout parts of Wales and the West Country. I really feel for those brought up in villages that are forced to move away in order to put a roof over their heads with little or no chance of returning to their roots. The problem is in how to address the issue without leaving loopholes for these house-hoarders or their accountants to slither through. Perhaps councils could substantially increase local taxes with large rebates to those who can prove on a regular basis that they live and work in the local area - maybe through a midweek signing on session. I'm not sure how it will be done eventually, but something has to be done and soon. We cannot see large swathes of our countryside concreted over when there are perfectly good homes sitting empty. In terms of selfishness, I put second home owners up there with urban 4x4 drivers. If these people cannot be educated as to the antisocial consequences of their actions, then bring in laws to protect the rest of us.

Tuesday, May 23, 2006 10:44PM Report Comment
 

2. Rimmer said...

MG

The answer is easy but the goverment refuses to act - A Tax on second home ownership, 5K PA on any home you own but dont live in should do it !

Tuesday, May 23, 2006 11:43PM Report Comment
 

3. Surfgatinho said...

I don't actually blame people for wanting a second home - I think it's the governments job to make it a less attractive idea economically

Wednesday, May 24, 2006 10:32AM Report Comment
 

4. talking rot said...

MG has said it all.

Rimmer is too generous. I'd like to see an annual House Tax of 1% of market value reviewed bi-annually on first homes. Such a tax should be collected monthly in the same way as PAYE. Second, and subsequent homes, should annually pay 2% of market value which should be paid in one lump sum within the 1st month of the new tax year. In addition, the owner of the second (and subsequent) house should be responsible for paying, not the occupier.

That will get the leech-like BTL-ers!

Wednesday, May 24, 2006 01:04PM Report Comment
 

5. Mikael said...

How about a different solution? Perhaps it is time to let more individual houses to be built. There is plenty of scope for 10 or 20 extra houses to be built in most villages in the country. This would reduce the demand bottleneck and stop prices going too high.

Wednesday, May 24, 2006 04:41PM Report Comment
 

6. Mikexx said...

Second homes are seen as a good investment. Increasing house values perpetuate the feeling. The lack of available land drives up house prices still further as is increased immigration. Making more land available would reduce house prices and encourage second home owners to sell. It could be a simple matter to link rate support grants with new home builds. There will be methods to get round taxes on second homes. Hell, most MPs have second homes so it won't happen!

Wednesday, May 24, 2006 06:02PM Report Comment
 

7. uncle chris said...

I think we have to fight hard against any encroachment onto green belt land. It may start with a few houses here and there, and then a few more and before you know it they will stretch across the the whole of England. Anyone who has flown over the area surrounding Atlanta will realise what a nightmare scenario this could be. As MG said, we need to release our stock of second homes and furthermore, we need to reduce the number of households as too many people living on their own.

Wednesday, May 24, 2006 09:34PM Report Comment
 

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