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• Analyzes the current crisis of the real estate crash and explains the recurring cycle which led to it
• Examines why frequent assessments are crucial to making the property tax an effective method of preventing speculative real estate bubbles
• Combines theoretical analysis with observed cycles of land speculation to demonstrate the impact on the modern economy

• Analyzes the current crisis of the real estate crash and explains the recurring cycle which led to it
• Examines why frequent assessments are crucial to making the property tax an effective method of preventing speculative real estate bubbles
• Combines theoretical analysis with observed cycles of land speculation to demonstrate the impact on the modern economy

UK tax policies will prevent Theresa May from honouring her promise to rebalance the economy and enhance people's life chances, according to economist Fred Harrison. He repeats the10-year forecast he gave when Tony Blair came to power in 1997: Mrs May has 10 years to reform taxes to prevent the next property boom which will otherwise turn to a devastating bust in 2026. The UK loses about 500bn every year in wealth due to "bad" taxes. Across Europe, nations lose 1 trillion euros from VAT alone, according to Mason Gaffney, emeritus professor of economics at the University of California....