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Are we damning the UK with faint praise now?
I'm not even sure how much practical difference there is between 5 and indefinite in practice, 5 years is a long time. I imagine it is pretty life-destroying. Especially for the crime of having something on your phone that you want to keep private.
> If it’s not about nation security or CSAM, it’s two.
I am sure we all get what you mean, but there is a comic interpretation in vaguely-Soviet style here where if someone hasn't done anything wrong they only get 2 years. I'm going to spend some time this weekend making sure my encryption is plausibly deniable where possible.
There's a couple of "ifs" there and the scenario seems implausible. If I look at the prime real estate in a city it tends to be a lot of skyscrapers rather than very large homes (with occasional exceptions like say a Buckingham Palace). But it looks like the economic equilibrium is lots of cheaper apartments rather than large homes for rich people.
> ... and even investment properties occupied by nobody ...
Not much of an investment. Something is wrong if that is happening, probably manifesting as a lack of supply. Otherwise what is the point of an "asset" that doesn't generate income, degrades over time and could easily be rented out at a profit rather than sitting unused?
Whatever scenario there is where it makes sense to have an empty property, assuming a sane policy backdrop, it'd always be better for the owner do what they were going to do anyway but also rent it out.