Stamp duty rise poses threat to housing market
Language: English Series: RICS Press Release ; (pr69.res) 27 June 1997 (2)Publication details: 1997Subject(s): Summary: RICS warns that average house prices could fall by up to 5 per cent for every 1 per cent the Chancellor adds to stamp duty. A new report, "The impact of changes in stamp duty on the residential property market", identifies the consequences of an increase in stamp duty.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3326-25 (Browse shelf(Opens below)) | 1 | Available | 79354-1001 |
RICS warns that average house prices could fall by up to 5 per cent for every 1 per cent the Chancellor adds to stamp duty. A new report, "The impact of changes in stamp duty on the residential property market", identifies the consequences of an increase in stamp duty.