Despite getting up and going out to work every day, a typical full-time worker is paid just £23,500 - but loses about £6,000 to the tax man. But their home has 'earned' £25,570 and not a penny of the profit is lost to the tax man.

Unless it's a second home. Or it's being passed on to the kids. Or - after selling it - they intend to buy another one, and pay stamp duty. ThisIsLondon gets very excited by the latest report by Rightmove, which suggests that average property prices in the UK have jumped 13% in 12 months. In London, the figures are higher: 56% in Kensington & Chelsea, and 30% in another eight boroughs. It's the kind of report that irritates the bejeezus out of the skeptics. Partly because it's based on asking prices. And partly because it entirely fails to take into account houses are for living in, and trading up still costs extra... just more extra. Read it here.