It goes without saying that there are no easy solutions to the UK's housing problems. With a growing population and increasing attractions for people to come to London, both from within the UK and around the world, London has exceptional pressures. We need to build more homes of all tenures in the capital to keep up with demand.
From April 2014, many landlords are set to face hefty tax bills following George Osborne's Autumn Statement announcing a rise in capital gains tax (CGT). At present, the last three years of a rented property's capital growth is exempt from tax once sold, if the landlord once lived in it. After April this will be halved to just 18 months.
It is estimated Labour would get around £1billion annually, which in tax terms is peanuts. The National Health Service alone, for example, soaks up more than £100billion - and rising - despite 'efficiency savings'. So why do it? The answer is probably to provide electoral cover for more widespread tax rises if Labour wins the next election.
Oh, I'm sorry - you Tories out there still refer to it as the "top rate of Income Tax", don't you? That's very passé, you know - and more than a little misleading, also. After all, the country's in a mess - substantially more of a mess than it was in when our benign Coalition government assumed unelected power in 2010, actually.
You don't have to be a Marxist to feel a sense of outrage at these statistics. I trust that most of us with an ounce of sympathy for the suffering of fellow human beings would sense that the global economic system that engineers such disparity in the way people live is dysfunctional and requires serious reforms.