Outsiders Should Pay Double for Houses

Summary


With regard to the problem of affordable housing for youngsters in the South West can anyone explain to my simple mind why an uncomplicated solution could not help to solve the crisis very sadly facing so many of them?

If stamp duty of 200 per cent of a property's current value was applied to anyone buying a property who could not prove, say, a 15- year residential qualification of them or their family, the additional funds could go well towards a special fund for the purchase or building of homes solely for the people of the South West.

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Extract


Outsiders Should Pay Double for Houses

It would create two markets, one for l...

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