Here's a nice chart from the September Halifax house price report:
What this boils down to is that rents act exactly the same as income tax; when wages go up, rental values go up accordingly. So we could save ourselves the faff of taxing earned income and just tax rental values instead, it would be a far less economically damaging way of collecting exactly the same revenue.
A stunning mews house in South Pennington A stunning mews house 4 minutes away from South Pennington. The house comprises of 3 bedrooms , a nice reception room, bathroom and kitchen. The house comes furnished and has a garage. Very quiet mews house in one of the most desired location in Pennington and Chelsea. A must see. Call quick to avoid disappointment.ReplyDelete
property rental companies
the property guide
Not only economically less damaging, but also far simpler and cheaper to assess and collect, with minimal possibilities to evade or avoid. Rv RentalsReplyDelete