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  • What's been briefed to the press is zero % tax on below £500k which makes up 88% of all moves apparently. I think it's just pretty bizarre to announce the idea with the intention of stimulating the housing market but that it might not happen for 4m, causing everyone to sit on their hands and wait to buy

  • That's how I understand the proposal. Suppose we will see on Wednesday - it's just a bit of fucked thing to be briefing to press because it's a single, big outlay that you need in cash in a way that I cant think of anything else (cap gains?)

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