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Ban the sale of homes in the UK to non-resident investors

Submitted on Tuesday 20th August 2019

Published on Tuesday 3rd September 2019

Current status: Closed

Closed: Wednesday 6th November 2019

Signatures: 77

Tagged with

UK

Petition Action

Ban the sale of homes in the UK to non-resident investors

Petition Details

In order to address the housing affordability crisis, non-resident investors should be banned from buying up UK homes. Wealthy foreign investors who presently own UK housing should also be heavily taxed in order to encourage them to sell their properties.

Additional Information

For many young people living in the UK, the cost of housing is well beyond what they can afford to pay and it is an absolute disgrace that our young people are being outbid by wealthy non-resident investors.

In order to help address the housing affordability crisis, non-resident investors should be banned from buying up UK homes. Non-resident investors who presently own UK housing should also be heavily taxed in order to encourage them to sell their properties.


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