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by pjc50 4492 days ago
Yes and no; a lot depends on the competence with which it's done. It's not turned out too badly for China or South Korea.

There's a strong case for having a proper property tax (to central govt) in London. If we're going to have a boom then then at least we should benefit from it.

Admittedly there's hardly anyone in Parliament I trust even to be basically competent in this kind of planning, let alone honest.