The UK economy would see benefits if the government
updated property taxes including stamp duty which discourages mobility and
dampens transaction levels, a report commissioned by the Family Building
Society found. The new report, Lessons From The Stamp Duty Holiday, drew on
surveys of lenders brokers and customers, a review of evidence of the effects
of the tax holiday and data on transaction volumes as well as the Treasury’s
tax take. Of the 40 brokers surveyed, 53 per cent believed stamp duty on
housing transactions should be scrapped permanently. Read more on the Mortgage
Solutions website.
Could Vienna’s approach to affordable housing work in California?
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Housing costs and homelessness are on the rise in California. In the
Austrian capital, people of all income levels live in subsidised housing –
and more ...
15 hours ago
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