The "Brown Levy" - more detail!

A levy on the huge accumulation of assets in Britain's property price bubble, I have dubbed the "Brown Levy", has attracted some interest today, so further detail might be helpful. How can it be justified to the public? Look at how we should value a home? Among the elements I suggest must come: affordability, access to employment, nearby transportation, security from crime, nearby education facilities and of course protection from the elements. What is most certainly not an element in a realistic valuation is the chance to make a quick and undeserved profit. Note that many of the elements which give a home value are provided by Society and then administered by Government. The levy could be sold as an investment to put a floor under values. It could of course be structured to maximize returns on the greatest property windfalls of recent years and/or the mortgage providers who fed the greed. If the next Government must make huge cuts to halt the growing deficit and repay debt then such cuts will fall on the services which have in the past given British property its value. A transfer of assets from individuals to the central exchequer as proposed on this blog (after halting EU payments , note here that today, once again, the Greek euro rescue began to unravel) is thus sensible to maintain the services which enhance house values and the cost as a Brown Levy will correctly lay the blame with the individual who was its cause. Property prices are destined to tumble anyway once interest rates return to the required levels and tax levels jump to pay off the debt. By a capital transfer with a "Brown Levy" many of these penalties might be avoided as national bankruptcy will possibly be a nightmare that need never arrive! This blog's proposals to protect against walkaway mortgage holders which will feed the likely collapse have now been ignored for two years! Can this idea at least get a reasonable hearing in the Mainstream Media?