Did you get your fair share?
The latest Office of National Statistics figures on UK wealth - the first time they've quantified land value - deserve scrutiny https://t.co/DZIHBi765h
In his Markets Insight column Michael Howell warned of challenges for UK investors from “the great wall of debt” that will need refinancing in 2025/26 (October 17). It isn’t just investors who should worry. The prime collateral for all bank loans is property,
or rather the land it sits on, because land is in fixed supply and cannot be consumed. Fred Harrison’s Boom Bust: House Prices, Banking and the Depression of 2010 (published in 2005) precisely predicted the peak of the last house price boom as end 2007.
This is a very sad day for the Labour Land Campaign
Today we lost our founder Dave Wetzel
Head of Transport at GLC, later Vice Chair Transport for London, again under Ken Livingstone
Beloved husband (to @HeatherjWetzel) father and grandfather
RIP Dave
Cue the OECD’s recommendation, backed by Muellbauer, to shift from transaction taxes on property to annual taxes on land value
https://t.co/CEIB5iRubj