False Boom: Darling Suspends Stamp Duty
Published / Last Updated on 08/09/2008
False Boom: Darling Suspends Stamp Duty
Brokers have given a mixed response to the Chancellor suspending stamp duty as part of a package of measures.
Many are suggesting that the increase n the nil-rate stamp duty threshold last week would start a boom. We suggest far from and this is a weak attempt at stimulating a market that lacks confidence. Expect huge interest rate cuts next year.
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