High - net - worth individuals are active here, spurred in part by Hong Kong and Singapore regulations that
discourage real estate speculation.
It seems property taxes in England would do little, if anything, to
discourage real estate speculation.
One economic theory says high property taxes
discourage real estate speculation and real estate bubbles.
Not exact matches
«We definitely need taxation tools that
discourage speculation on
real estate,» a statement from Robertson says.
Overall it seems the English council tax / property tax system favors landlords over homeowners and does little to
discourage speculation or «parking» money in English
real estate by foreigners or by anyone else.
Meanwhile, the government has so far failed to take steps to address
speculation in the
real estate market and
discourage owners from leaving properties vacant, he said.