Politicians, listen up: Shoot the sacred cow of buy-to-let tax breaks
Politicians, listen up: Shoot the sacred cow of buy to let tax breaks
Since Halifax began tracking them in 1983, in real terms UK house prices have risen 101%, and 124% in London. Little wonder then that buy-to-let properties have become so attractive to investors. But in the grip of a housing crisis, why do they also benefit from generous tax breaks?
The country is suffering a serious housing shortage. And soaring rents, poor conditions and rising homelessness are the end result, according to housing charity Shelter. The problem is successive governments'...
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