A report - ‘Land
for the Many’: Changing the way our fundamental asset is used, owned and
governed - produced for the Labour Party sets out recommendations around an
issue - land is the hidden issue behind the housing crisis - which has huge
implications for people who want affordable homes. The report is not yet Labour
policy. The key proposals include;
·
free and open access to data on land ownership
·
an explicit government goal to stabilise house
prices
·
reforms to private renting with a cap on rent
increases
·
replace council tax with a progressive property
tax payable by owners not tenants – with surcharges for empty and second homes
and non-UK residents
·
phase out stamp duty land tax
·
enable public bodies to buy land at closer to
current use value
Read more on Red Brick.
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