Enforce it retroactively as well. Then use the taxes to pay for community improvement that was voted on by the community.
this post was submitted on 19 May 2025
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Interesting. So it sounds like this is an area with a lot of personal vacation homes? They're pretty uncommon in general, so I doubt it would change much where I live.
Note that the UK does not have a property tax, and is unusual in doing so; I recall reading that it is the only G7 member to not do so.
They do have a (mostly flat) council tax, and a transfer tax.
We have a few states in the US that don't, but normally there is an annual percentage tax on the value of a house. That varies by state, but is typically on the order of 1%.
Council tax in the UK is banded based on the size of the property so isn't that the equivalent of the US property tax?
The bands are why I'm saying "mostly" flat. There is a small amount of scaling, but it quickly hits a cap. If you have a mansion, you aren't paying 1% of its value in tax annually.
kagis
https://www.gov.uk/guidance/understand-how-council-tax-bands-are-assessed
In England, the top band's ceiling is 320,000 pounds.
In Wales, 424,000 pounds.
https://www.rightmove.co.uk/house-prices/wales-68336.html
House prices in Wales have an overall average of Β£441,640 over the last year.
EDIT: The price used is, for Wales, from 2003, so it's typically about half of the current market value, in fairness, but it still illustrates that the thing cuts off at a certain, fairly low level.
Ah got you sorry. I see your point. Thanks
Good. Vacation homes should be taxed, and foreigners should get an even bigger tax. Local citizens and businesses should get preferable treatment, so that communities can be more closely knit together. The wealthy are corrosive to society, breaking down many humans for the sake of a few.
foreigners should get an even bigger tax.
Yeah, the Channel Island of Jersey only allows foreigners to buy property if they had lived in the islands for five years. They are only a handful places in the UK where they have relatively less pressure on housing. Not sure if they still do it though. Regardless, I am all for this.
The wealthy are corrosive to society, breaking down many humans for the sake of a few.
The rich co-opted being against rich, corporate landlords-- or any rich individuals-- from overseas buying local properties and contributing to housing crisis as "racist". I feel like this is talked about less. Instead, actual decent working foreigners are scapegoated.
"The rich co-opted being against rich, corporate landlords-- or any rich individuals-- from overseas buying local properties and contributing to housing crisis as βracist."
It's not racism. It's classism. I don't care care if the rich out of town asshole is white, brown or yellow, I care that they are a rich asshole and they are wrecking things for the rest of us.
I have been advocating for triple the real estate taxes on ho.es that are not the primary residence for people. And that only people, not corporations, can own residential single family homes.
And look, it works.
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