Government panic adds inflation to house prices.
Series: Sunday Business ; 8 August 1999, 18(1)Publication details: 1999Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3531-16 (Browse shelf(Opens below)) | 1 | Available | 102037-1001 |
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.