Property Taxes in London

I recognise the tensions associated with this, but as a former Housing Minister, I have to respond to the idea of taxing people who live in certain houses. As both my right hon. Friend and my hon. Friend the Member for Wimbledon (Stephen Hammond) have pointed out, the fact that a person lives in a particular house may not mean that they are cash-rich as a consequence. A set of circumstances may have led to their owning the house, and simply placing a greater tax burden on those individuals does not necessarily produce more affordable homes.