Sound piece. Arguably, it took the consumption of Capt. IDS & Mr “Something of the Night” before the Tories got serious in the early noughties. No press comment, I see, about what KB’s stamp duty wheeze will do to house prices. They are fairly valued (no more!) currently. Aren’t they?
Sellers would capture some of the increased demand through higher prices, but there are so many other variables, with interest rates being the single biggest followed by supply.
Sound piece. Arguably, it took the consumption of Capt. IDS & Mr “Something of the Night” before the Tories got serious in the early noughties. No press comment, I see, about what KB’s stamp duty wheeze will do to house prices. They are fairly valued (no more!) currently. Aren’t they?
Will it not increase house prices by the amount of tax being saved by the buyer?
Sellers would capture some of the increased demand through higher prices, but there are so many other variables, with interest rates being the single biggest followed by supply.