Government panic adds inflation to house prices.
Government panic adds inflation to house prices.
- 1999
- Sunday Business 8 August 1999, 18(1) .
Discusses the differences between the housing market of 1999 and the 1980s. Argues that the biggest threat to the housing market is the policy response that might result from increasing prices, and points to increased stamp duty which has already been used to control the top end of the market. Considers that the only way to prevent a house-price boom and bust scenario is to increase supply of property.
INFLATION
GOVERNMENT
HOUSE PRICES
Discusses the differences between the housing market of 1999 and the 1980s. Argues that the biggest threat to the housing market is the policy response that might result from increasing prices, and points to increased stamp duty which has already been used to control the top end of the market. Considers that the only way to prevent a house-price boom and bust scenario is to increase supply of property.
INFLATION
GOVERNMENT
HOUSE PRICES