Social Housing Levy Canned After Developer Backlash – The Urban Developer, 1 March 2022

Chief executive of developer lobby group Urban Taskforce Tom Forrest said it sounded good but that it would hurt home buyers.

“You don’t bring in a tax on bakers because there is a shortage of bread,” Forrest said.

“It sounds politically popular to say you are hitting developers with a new tax, but the reality is that this flows on to the cost of the new home.

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