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Posted in housing | No Comments »

The Community Investment Levy is a destructive raid on local development

February 10, 2012 | Author
The reason house prices are so unaffordably high and commercial rents are so crushingly heavy is because development isn’t taxed heavily enough. That’s the logic of the new ‘Community Investment Levy’ (CIL) being imposed  by local councils on people hoping to develop their property. The levy is intended to finance infrastructure required by new development. [...] Read the rest of this entry »
Posted in Campaign, Community Investment Levy, development, housing, Merton Borough Council | Comments Closed

The Community Investment Levy is a destructive raid on local development

February 10, 2012 | Author
The reason house prices are so unaffordably high and commercial rents are so crushingly heavy is because development isn’t taxed heavily enough. That’s the logic of the new ‘Community Investment Levy’ (CIL) being imposed  by local councils on people hoping to develop their property. The levy is intended to finance infrastructure required by new development. [...] Read the rest of this entry »
Posted in Campaign, Community Investment Levy, development, housing, Merton Borough Council | Comments Closed
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