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Farm Business
Politics, Covid19 and Brexit
Record Recession figures are finally in -20.4%
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<blockquote data-quote="Swarfmonkey" data-source="post: 7084331" data-attributes="member: 144242"><p>[USER=148251]@GeorgeC1[/USER] </p><p></p><p>If you think it’s just the builders that want to keep housing costs high you’ll be in for a surprise when you realise that high prices benefit local authorities as well.</p><p></p><p>The higher the market price the more they can justify a high Community Infrastructure Levy, and the payments it generates go straight into council coffers.</p><p></p><p>One of my colleagues moved into a new three bed place in Berkshire not long ago. The council was making close to £35,000 off each of the 3 bed semis by way of CIL on that new estate.</p><p></p><p>Nice little earner for the local authority. One they’ll not be keen on losing.</p></blockquote><p></p>
[QUOTE="Swarfmonkey, post: 7084331, member: 144242"] [USER=148251]@GeorgeC1[/USER] If you think it’s just the builders that want to keep housing costs high you’ll be in for a surprise when you realise that high prices benefit local authorities as well. The higher the market price the more they can justify a high Community Infrastructure Levy, and the payments it generates go straight into council coffers. One of my colleagues moved into a new three bed place in Berkshire not long ago. The council was making close to £35,000 off each of the 3 bed semis by way of CIL on that new estate. Nice little earner for the local authority. One they’ll not be keen on losing. [/QUOTE]
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Farm Business
Politics, Covid19 and Brexit
Record Recession figures are finally in -20.4%
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