Is property a ticking time bomb in Britain?

Politics Unpacked

Anna Covell

News & Politics, Politics, News

4.4 • 1.4K Ratings

🗓️ 21 October 2014

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tim Montgomerie is joined by Hugo Rifkind, Laura Pitel and Richard Fletcher. Hugo Rifkind:"Mansion taxes, higher council taxes and rises in stamp duty are all opposed by many affluent homeowners, and often with good reason. They should realise that property in Britain is a time bomb they cannot escape. If measures are not taken soon to make more housing available to more people, then, twenty years from now, there will be such an appetite for savage taxes on homeowners as to make them inevitable."Laura Pitel:"Nigel Farage likes to say that UKIP is no longer a one-man band. But he is still the party’s biggest draw and its key decision-maker. If he quit tomorrow it would descend into chaos. UKIP is on a roll right now, but it is hard to see it surviving in the long term."Richard Fletcher:"The hostile rhetoric surrounding immigration has spooked big business. Capping EU immigration is not the answer, warns the CBI. But will big business be heard in a post crisis environment where politicians will...

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0:58.6	Did you read with Tim Montgomery.
1:05.0	Welcome to Did You Read The Times Opinion Podcast.
1:09.0	My name is Tim Montgomery, and this week I'm joined by Hugo Rifkind, Laura Patel and Richard Fletcher.
1:16.7	Mansion taxes, hire counsel taxes and rises in stamp duty are all opposed by many affluent
1:22.1	homeowners and often with good reason.
1:24.6	They should realize, however, that property in Britain is a time bomb they cannot escape.
1:29.8	If measures are not taken soon to make more housing available to more people.
1:33.0	Then 20 years from now there will be such an appetite for savage taxes on homeowners as to make them inevitable.
1:40.0	Nigel Farage likes to say that UKIP is no longer a one-man band, but he is still the party's biggest draw and its key decision-maker.
	...

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