Solving the housing shortage
As we all know, there is a massive lack of stock on the market. Equally, successive Governments have failed to build enough new homes. Bearded Newspager Lewis Shaw has suggested that if the over 60's or anyone of state pension age could sell and buy without incurring stamp duty, this may encourage more downsizing to free up the family homes that are desperately needed — and inject more liquidity into the market generally. One question: (we will be issuing this alert tomorrow morning):
- Beyond just building more homes (which is obvious), how else could we solve the lack of stock and make the market more fluid? The more offbeat and imaginative, the better. That said, the Logan's Run approach is probably a bridge too far.
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