Every 'second home' is one less home available for someone else to buy.
How many people are 'forced' to rent because they cannot afford to buy, because: a) 'second homers' have reduced the number of homes available to buy, and forced up the price of those which do become available ; b) they are paying 50% of more of their salary on rent, so cannot save a deposit to buy.
We are currently paying £18 billion Housing Benefit to private landlords via tenants.
The housing market is completely screwed - yet suggest any limits on how many homes someone can own, and the usual suspects start screaming "Communism" - I thought the Right favoured widening home-ownership, rather than concentrating it in the hands of a few?
How many people are 'forced' to rent because they cannot afford to buy, because: a) 'second homers' have reduced the number of homes available to buy, and forced up the price of those which do become available ; b) they are paying 50% of more of their salary on rent, so cannot save a deposit to buy.
We are currently paying £18 billion Housing Benefit to private landlords via tenants.
The housing market is completely screwed - yet suggest any limits on how many homes someone can own, and the usual suspects start screaming "Communism" - I thought the Right favoured widening home-ownership, rather than concentrating it in the hands of a few?