Re: Re: House prices in Germany and Switzerland

#118596

angie
Spectator

Talking of property rises and bubbles, there’s a strong rumour going around today that George Osborne might pop some of London’s bubble when he delivers his Autumn Statement by imposing a Capital Gains Tax on Foreign Owned properties in London if they constitute 2nd homes which many probably are. It seems that foreigners have not had to pay CGT on profit on disposal of 2nd homes in the UK whilst Brits have to pay 🙄 He is of course saying nothing when questioned 🙄