So with all that inventory building up, shrinking mortgage lending, we are grand the fundamentals will save the day if it wasn’t for that pesky stamp duty. The story of the little red hen springs to mind when I think of the EA’s and the absolute nerve to blame SD for the slowdown.
This would seem to tally with =4
but yet there was widespread reports from the EAs saying that there were QUEUES outside their premises after the changes to the stamp duty regime, and that they have never been busier due to all the savvy investors buying properties. The sunday business post are saying that the autumn selling season has truly kicked off! You read this and something is not right. =4
Someone is telling lies!!