#rentistheft #LandlordsAreCausingInflation #landlordsareparasites

@oliverromain Making interest paid by #landlords on their extra houses tax deductible was done in Australia in the 1990s and it significantly accelerated inequality (esp generational inequality) by pushing up property prices. This might sound great in the short term if you're hoarding houses, but comes back to bite everyone in a thousand different ways. It's a dangerous trap. Rates of home ownership have plummeted as more houses end up in fewer hands.
Adam Smith and Karl Marx agree on this one: landlords are hoarding a necessity and are not a legit business.
Want to save rural towns? Campaign to abolish tax breaks on interest for those selling holiday accommodation. And for the principle that #HousingIsAHumanRight that comes before anyone's right to maximise personal or corporate profit.
#UKpol #Auspol #housing #LandlordsAreCausingInflation #AusPol2022 #LandlordsAreParasites #HousingCrisis

#LandlordsAreCausingInflation, Not #Workers

#inflation

Over the last 12 months rents have increased across the #UK, with the single biggest increase for any region ever recorded in #London. But while workers are to...

https://www.youtube.com/watch?v=NQDLvPicZZA