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Actual Facts
The New Statesman
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Comments by "Actual Facts" (@actualfacts1055) on "UK Housing market: why the leasehold scam must end | Economics | the New Statesman podcast" video.
Australia has Strata title for some properties and and also leasehold for others but are much fairer than the British system.
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No one forces people to sign contracts.
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Australia has a good system of leasehold for relatively new properties which Britain could adopt. Converting leasehold to freehold would be a massive confiscation of wealth from landlords to leaseholders who never paid for that wealth in the first place.
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You shouldn't just extinguish the rights of landlords of leasehold without compensation.
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Don't buy a leasehold obviously.
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People bought leasehold because they were cheaper than freehold, cheaper for a reason.
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