Housing and Planning

IEA analysis on stamp duty reported by Estate Agent Today

Alexander Hammond quoted in Estate Agent Today

IEA Policy Analyst Alexander Hammond was quoted in Estate Agent Today, lambasting stamp duty land tax and calling for it to be scrapped.

Alex argued: “Policies such as stamp duty land tax make purchasing a home more expensive and, as it penalises people moving houses, it acts as a disincentive for older people in bigger homes to downsize. Partly as a consequence of this distortive policy, more than 50 per cent of UK households are under-occupied.

Read the full article here.