Henry Fudge
Region: CH
Tuesday 16 June 2026 16:16:40 GMT
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Rb :
Ah. It's time for my daily black hole chat. 🥰
2026-06-16 16:47:15
103
bori mon :
I will let myself to a bit disagree with you regarding taxes Housing is a human right, and a person’s first home - and even a second home-should not be taxed. Unlike what happens in Switzerland (current tax on first home that will be abolished soon), I don’t like that approach. However, starting from the third property, or from the first property owned by legal entities or foreign nationals, it is entirely reasonable -and necessary-to impose HUGE taxes. We need to distinguish between housing as a right and housing as a speculative instrument. Speculative use of housing(all this buy2let fashion🤦♂️in the UK) is a VULTURE capitalism, whereas people simply want the comfort of returning to their own home.
2026-06-16 22:08:38
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Henry Fudge :
So Switzerland is quite useful to show the size of the interventions we need to make in the British market it seems 🤔
2026-06-16 16:23:04
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the_stoned_economist :
the amount of cities around the globe that are afraid of building up despite being massive hubs of industry and finance with growing populations is genuinely frustrating. what the hell is the point of having this quaint little village feel if the only people who can afford to live there are millionaires?
2026-06-18 16:30:12
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Lu :
We live in a genosenschaft and even with the minimal cost (the rent is priced as without profit and just paying for the value of the building and its services) even then, we made a profit of 5 million. I can’t even fathom how much profit for profit renter buildings have. If there was some sort of control on those people that treat housing as a for profit, I’m sure the renting prices would go down and that would end up freeing up many housing units for sale.
2026-06-16 17:22:35
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Bricktrade :
Those capital and financing requirements create a barrier to entry that means that only the very rich can participate. Rents must be through the roof, with that asset appreciation?
2026-06-16 17:29:33
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XXIVandMe :
You can’t build on the mountains, but you can build in the mountains 😌
2026-06-16 19:16:42
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Stephen :
Stephen from Bondi. I always wonder who all the landlords are because so many rent. I get told insurance companies and old money. Nice vid.
2026-06-16 17:37:58
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vellyd6 :
very funny because we have exactly the same rules in Bulgaria without the wealth tax and properties are rising in price a lot but still very adorable, everybody can afford but needs the 20-25% deposit, we have affordable building process and a lot of land.
2026-06-16 19:48:20
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a.....................z :
Is this why you are in Switzerland - to test the limits of the rentier black hole? Or something else?
2026-06-17 14:10:40
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Pontic_Child :
the swiss would never accept skyscrapers. Period. tax benefits for companies basing themselves outside of city centers and into economically weaker areas? sure.
2026-06-16 19:39:11
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Tudose Andrei :
god I waited so long for videos about Switzerland
2026-06-17 17:20:48
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Keskonriks :
Wouldn't it also be a solution to increase the (currently ridiculously low) wealth taxes and use the funds to build more public housing and withdraw land and property from the private sector?
2026-06-16 21:04:42
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Spaniel living in The Bahamas :
I need you to do a deep dive into the uk new released c section rates. Everyone is using it to drive their own agenda and is pissing me off
2026-06-16 20:26:51
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abcdef111112222233333432 :
Why would they want to blight views by allowing skyscrapers though?
2026-06-16 20:12:25
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aljozho :
Does the Rentier black hole essential lead to a zero sum economy and is it the framework for the current asset crisis ?
2026-06-18 17:44:15
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bori mon :
So the solution is simple. Why not adopt a law similar to Singapore’s? For example, impose an additional 30% purchase tax on a third residential property for citizens, and a 60% purchase tax on first property for non-residents and corporate entities. That’s it.
2026-06-16 18:22:09
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vellyd6 :
You are overthinking. It is supply and demand. In Bulgaria we have very volatile market but free market and 92-97% of the people owning properties! You can build cheap, you can build high, you can build and the population is shrinking..Demand vs supply makes the price at the end
2026-06-16 19:50:35
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Julesw1lko :
What’s the situation like for the young?
2026-06-16 20:22:32
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user9068594017369 :
Henry, could you please take a look at the Texas housing market and compare it with Europe? Perhaps this could give you a different perspective on how the housing market in the UK could be improved or addressed.
2026-06-16 20:59:02
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bpol :
what about a opportunity cost tax. an increasing over time tax on unoccupied real estate. and make the exception/escape to the tax lowering the price, wether it's a rent price or a sale price. this would hopefully create a definitive downward pressure making prices more responsive to what the market can support and a less ideal investment
2026-06-25 20:49:44
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Keskonriks :
There is also the issue of the theoretically very good rent laws being systematically not enforced, something that the Mietpreis-Initiative will hopefully rectify.
2026-06-16 21:02:30
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Toby :
do you think Australia will manage to fix it?
2026-06-17 08:20:17
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Prestige Plugz :
Still waiting for that pizza to be coveted😭, Brilliant video as always
2026-06-16 17:35:53
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Tudose Andrei :
Switzerland has a currency that.is hoarded as a reserve as far as I know so the interest rates are going to be always lower hence the propensity for real estate bubble is even bigger to form
2026-06-17 17:41:28
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