✉news BusinessReal Estate first seen 4 d ago, last 3 d ago, peak #12
Scrapping stamp duty could revive the stalled housing market
Original: Why scrapping stamp duty could unlock the stalled housing market
A proposal to abolish stamp duty is being debated as a way to restart the UK's sluggish housing market. Analysts argue the transaction tax deters older homeowners from downsizing and blocks chains of moves, so removing it could free up supply and get sales flowing again.
Why now: Housing market activity is sluggish and the tax is seen as a key barrier to transactions.
Evidence
- Why scrapping stamp duty could unlock the stalled housing market · www.mpamag.com
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