Debate Magazine

"House Prices Increase by Precisely the Amount of Stamp Duty Cut"

Posted on the 23 November 2017 by Markwadsworth @Mark_Wadsworth

From The Daily Mash:
Prospective first-time buyers of a £280,000 London flat, set to save £4,000 in stamp duty, will now find that the flat costs £284,000.
Estate agent Carolyn Ryan said: “I’ve just finished changing all the prices in the windows. “It took two hours actually, so unfortunately we will have to pass that on to buyers as an extra £200 admin fee.”

Read article for punchline.

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