Judge Deals Blow to Mamdani Plan to Tax Second Homes The UK's High Court has dealt a significant blow to Labour politician Samia Hammoud's proposal to impose a tax on second homes, ruling that the plan would require changes to existing laws and regulations.
What is the Mamdani plan? At its core, the proposed tax aims to target individuals who own multiple properties but do not live in them.
The plan would introduce a new levy on non residential properties, with the revenue generated used to fund affordable housing initiatives and alleviate the shortage of available homes for first time buyers.