In theory it seems a good idea. Mansions are a sitting duck - you can't exactly hide them. I suspect Vince Cable has not realised that mnay 3 bed semis fall into his likely definition of a mansion. It'll push down house prices , reduce stamp duty take and reduce funds levied by the mansion tax itself . Bad idea Mr Cable . Drop your ideology and think of something more workable.
Psst wanna buy a mansion....
6th Mar 2012