David Sullivan, the co-owner of West Ham United, has reduced his house's asking price by £10 million, attributing it to the impact of non-dom tax changes.
Sullivan stated that many affluent individuals are leaving the UK due to the government's proposed crackdown on non-doms, pushing him to lower his property price.
Sullivan expressed his concerns about high-interest rates affecting the market, although he remains hopeful they may decrease in the future.
The Labour government's plans to reform non-dom taxation have prompted an exodus of wealthy individuals, with Sullivan noting that many of his friends have relocated.
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