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Market hits meltdown within hours of Budget

Posted by: katalysis

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Thus screamed “Estate Agent Today” in the wake of the budget announcement of a Stamp Duty hike for properties sold for more than £2million! Would that we had the same problem in and around Wolverhampton. According to RightMove there are no properties on the market for £2million or more within a 10 mile radius of the City Centre. Hardly surprising but yet another example of how detached London has become from the rest of the Country and, some would say, reality. Perhaps the headline writers should pay us a visit for a flavour of what life is like in the real world.

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