Could mansion tax push investors out of London?

[Nicholas Wallwork]

It seems to be a “given” that luxury properties across the UK will be hit with a so-called mansion tax in the next Parliament. Even if the Conservatives, often seen as the party for business and investors, is able to cling on to number 10 Downing Street it will likely be as part of a [...]

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[Ged Ward]

I would say this is definitely a yes as people will only take so much taxation
and then just bail out to a more tax efficient market which there are a few
around the world. Once the big money starts moving the sheep then follow
and push up the market for the big boys to do the same again

Ged