Is that not the point? All these schemes were dreamed up in a totally different world of rising property prices, rising rentals and strong tenant demand. In a world of crashing property rentals, many voids and falling asset values, it seems that it is no longer appropriate to try to extract the added value when value is being subtracted.
Business Rate Supplements Bill
Proceeding contribution from
John Redwood
(Conservative)
in the House of Commons on Wednesday, 11 March 2009.
It occurred during Debate on bills on Business Rate Supplements Bill.
Type
Proceeding contribution
Reference
489 c331
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 10:33:28 +0100
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