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What effect will recent government policies have on UK house prices?

05 Jan 2016

The Financial Times newspaper recently sent the following question to 88 economists in the UK:

"What effect are government policies likely to have on the housing supply and demand in 2016? How much will they contribute to likely changes in house prices?"

The answers are informative. Whether it be the change in stamp duty rates, the extra stamp duty for buy-to-let investors, the reduction in mortgage relief, the London Help-to-Buy scheme or the tweaking with the planning system, just over half said that the policies would either have little impact or succeed in increasing demand - implying that they forecast a continuation of rising prices countrywide

Read the start of the article, or all of it if you are a subscriber to the newspaper here: Financial Times

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