{"id":111486,"date":"2019-10-09T23:28:55","date_gmt":"2019-10-09T16:28:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-that-makes-losers-of-us-all-letters\/"},"modified":"2019-10-10T00:06:23","modified_gmt":"2019-10-09T17:06:23","slug":"housing-market-that-makes-losers-of-us-all-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-market-that-makes-losers-of-us-all-letters\/","title":{"rendered":"Housing market that makes losers of us all | Letters"},"content":{"rendered":"<p>&#013;<br \/>\nThe impact of 12% stamp duty means the London market has stagnated, argues Hazel Dakers, while Rev Paul Nicolson calls for fairer regulations and land taxLarry Elliott writes that it would be a mistake to reduce stamp duty in order to stimulate the housing market (Business view, 8 October). For many years, Mr Elliott and other journalists have chosen to ignore the increase to 12% stamp duty applied by George Osborne to homes costing more than \u00a31.5m. In a not particularly central or glamorous London suburb, houses may be bought for \u00a31.5m to \u00a32.5m which in many parts of the country would cost \u00a3600,000 to \u00a3800,000.  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/society\/2019\/oct\/09\/housing-market-that-makes-losers-of-us-all\" target=\"_blank\">Housing market that makes losers of us all | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The impact of 12% stamp duty means the London market has stagnated, argues Hazel Dakers,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111486","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t0a","jetpack-related-posts":[{"id":124068,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-market-expected-to-stabilise-in-2022-after-bumper-year\/","url_meta":{"origin":111486,"position":0},"title":"UK housing market expected to stabilise in 2022 after bumper year","date":"January 3, 2022","format":false,"excerpt":"\r Price rises predicted to ease, but increases in 2021 still may make it difficult for first-time buyersThe year ahead could bring more stability to the UK housing market after a bumper year in 2021 when frenzied homebuyer activity pushed prices to record highs.A stamp duty holiday that ended in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129939,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-bittersweet-what-home-buyers-think-of-chancellors-stamp-duty-cut\/","url_meta":{"origin":111486,"position":1},"title":"\u2018It\u2019s bittersweet\u2019: what home-buyers think of chancellor\u2019s stamp duty cut","date":"September 23, 2022","format":false,"excerpt":"\r Property-hunters on how permanent reduction for purchases in England and Northern Ireland will impact themChancellor Kwasi Kwarteng has announced a permanent stamp duty reduction for property purchases in England and Northern Ireland \u2013 a move that forms part of a mini-budget critics say will reward the rich more than\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-weighing-on-luxury-housing-market-says-berkeley\/","url_meta":{"origin":111486,"position":2},"title":"Stamp duty weighing on luxury housing market, says Berkeley","date":"March 18, 2016","format":false,"excerpt":"\r High-end housebuilder says transaction levels in London and south-east have been hit by tax increaseBerkeley has said higher stamp duty has hit the luxury London housing market, sending its shares and other housebuilding stocks lower.The FTSE 100 company, which mainly builds mainly in London and the south-east, said reservations\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/scrap-stamp-duty-and-council-tax-to-fix-london-housing-crisis-thinktank-says\/","url_meta":{"origin":111486,"position":3},"title":"Scrap stamp duty and council tax to fix London housing crisis, thinktank says","date":"May 20, 2026","format":false,"excerpt":"\r Centre for London report finds levy on property wealth would free up homes, fund social housing and help renters save for depositsStamp duty should be scrapped and replaced with a new property wealth tax to fix London\u2019s housing crisis, a leading thinktank has proposed.A report on the capital\u2019s property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":65440,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-mayor-seeks-stamp-duty-revenues-to-boost-housebuilding\/","url_meta":{"origin":111486,"position":4},"title":"London mayor seeks stamp duty revenues to boost housebuilding","date":"September 5, 2017","format":false,"excerpt":"\r Sadiq Khan likens trying to tackle housing crisis without control over revenue to fighting with one hand tied behind his backThe mayor of London, Sadiq Khan, has urged the chancellor, Philip Hammond, to hand over control of the capital\u2019s booming stamp duty receipts to fund an urgent acceleration in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71801,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-stamp-duty-climbs-to-a-third-of-average-annual-salary\/","url_meta":{"origin":111486,"position":5},"title":"London stamp duty climbs to a third of average annual salary","date":"November 14, 2017","format":false,"excerpt":"\r Costs contributing to dysfunctional housing market, say academics\r \r Source : ft.com\r Read more...London stamp duty climbs to a third of average annual salary","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111486"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=111486"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/111486\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=111486"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=111486"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=111486"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}