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Private spare bedroom tax.
andybenw
Posts: 212 Forumite
Just a thought for discussion. I happen to believe in bedroom tax for council properties where an alternative accomodation has been offered.
As the reason for high house prices is often given as lack of available accomodation (supply and demand), might a bedroom tax for private properties lead to an upsurge in lodger rooms etc and a subsequent realignment of the property market. It would certainly make a few quid and could possibly be linked to council tax so that in rented properties the tenant would be liable and for HMO's the landlord would be liable.
As the reason for high house prices is often given as lack of available accomodation (supply and demand), might a bedroom tax for private properties lead to an upsurge in lodger rooms etc and a subsequent realignment of the property market. It would certainly make a few quid and could possibly be linked to council tax so that in rented properties the tenant would be liable and for HMO's the landlord would be liable.
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Comments
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There is already a "bedroom tax" in private rentals in that LHA will only pay for what is considered the required amount of rooms.Just a thought for discussion. I happen to believe in bedroom tax for council properties where an alternative accomodation has been offered.
As the reason for high house prices is often given as lack of available accomodation (supply and demand), might a bedroom tax for private properties lead to an upsurge in lodger rooms etc and a subsequent realignment of the property market. It would certainly make a few quid and could possibly be linked to council tax so that in rented properties the tenant would be liable and for HMO's the landlord would be liable.0 -
A property tax?
Yes.0 -
As the reason for high house prices is often given as lack of available accomodation (supply and demand), might a bedroom tax for private properties lead to an upsurge in lodger rooms etc and a subsequent realignment of the property market.
There has already been a massive upsurge in lodger rooms and flatshares, etc, and a realignment of the property market.
It's how we've housed the millions of additional people while building nowhere near enough houses for decades.
The market is working exactly as it should in that regard....
Shortage of housing = prices and rents rise = more people forced to share accommodation in order to ration the limited supply of houses.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
There is already a "bedroom tax" in private rentals in that LHA will only pay for what is considered the required amount of rooms.
I think the OP is suggesting that homeowners should have to pay a tax on their own properties if they have empty bedrooms.
In which case: are you crazy?0 -
I thought they did already it's call council tax the bigger the house the higher the Tax.0
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As the reason for high house prices is often given as lack of available accomodation (supply and demand), might a bedroom tax for private properties lead to an upsurge in lodger rooms etc and a subsequent realignment of the property market.
If the reason for high prices is lack of available accommodation it would seem sensible to build some more.
More efficient use of property would help (and is happening without a tax penalty) but isn't really going to make houses any cheaper.
Also seems ethically questionable to tax private homeowners to deal with a problem that is within the government's power to ease.0 -
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HAMISH_MCTAVISH wrote: »There has already been a massive upsurge in lodger rooms and flatshares, etc, and a realignment of the property market.
It's how we've housed the millions of additional people while building nowhere near enough houses for decades.
The market is working exactly as it should in that regard....
Shortage of housing = prices and rents rise = more people forced to share accommodation in order to ration the limited supply of houses.
I think the OP is talking about using the tax system to try to force supply to increase.
Probably easier to just let builders build houses and people then buy those houses, either to live in or rent out. Maybe that's too obvious.0
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