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This isn't correct, firstly it is not a small proportion of islanders, it will affect everyone who either owns or rents. How do people not lose money if a) they pay £100s extra in taxes every month because they are a homeowner or b) their rents go up because demand for rental properties go up because people cannot afford to purchase? It is only those which have already paid off their mortgages or live in states subsidised housing which are not hit and I would argue that this is the minority.