✉news BusinessReal Estate first seen 1 d ago, last 23 h ago, peak #6
Stamp duty burden threatens Burnham's 1.5m homes target
Original: Stamp duty burden on supply side threatens Burnham’s 1.5m homes target
Angela Rayner-era deputy and Greater Manchester Mayor Andy Burnham's ambition of delivering 1.5 million new homes is under threat, with industry commentary pointing to stamp duty costs acting as a burden on the supply side of the housing market. The argument is that higher transaction taxes discourage land trading and development, constraining housebuilding at a time when the government has made its homes target a central pledge.
Why now: Housing supply and stamp duty policy are under active debate as the government pushes its housebuilding targets.
Andy Burnhamstamp dutyUK housing market
Rank over time, top of the chart is #1. 6 snapshots from 1 d ago to 23 h ago.
Evidence
- Stamp duty burden on supply side threatens Burnham’s 1.5m homes target · Mortgage Professional America
- Stamp duty burden on supply side threatens Burnham’s 1.5m homes target · www.mpamag.com
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