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This is partly due to the government forcing rent reductions on town halls, thus curbing income from social housing, and then ordering them to sell high-value properties.
We also know that some high-value properties, especially in London, are being bought by people overseas through anonymous shell companies, using plundered or laundered cash.
He said: "We know that some high-value properties, especially in London, are being bought by people overseas through anonymous shell companies, using plundered or laundered cash".
But Clegg said he would continue to make the argument, adding that an increasing number of Conservatives understood the merits of more tax on high-value properties.
We shouldn't, however, be increasing taxes on high-value properties in order to increase the overall tax burden.
The high-value properties are overwhelmingly in central London and about 500 of the homes, worth a total of £1.6bn, were transferred last year.
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The high-value property levy will raise £1bn through a staggered charge on properties worth more than £2m.
"A number of large bags containing significant amounts of high-value property have been recovered from one address.
To the right, there are Conservative voices that now back a high-value property tax, ranging from Mark Reckless to Tim Montgomerie.
In a sign of the confidence of detectives, Scotland Yard said high-value property found at one address matched that stolen from Hatton Garden.
The threshold would also rise over time in line with the average increase in high-value property prices.
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