Should governments reduce transaction costs to support property markets?

  • Thread starter Nicholas Wallwork
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Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
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While the ultimate costs do vary from market to market, there is no doubt that significant transaction costs are impacting the attractions of some property markets around the world. On the surface stamp duty and other headline costs may seem fairly minimal but once you take into account long term property taxes, vat, legal fees,

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L

lookinginvest

Member
Governments are quick enough to increase transaction costs when they are short of cash, surely the opposite should be considered when markets are struggling?
 
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