"Christian McArdle" wrote in message
. net...
What's the betting that stamp durty will rise significantly, or that
the chancellor will introduce some new kind of tax, e.g. capital gains
tax on first properties?

Hopefully he'll be intelligent enough to see that a tax on employment
mobility reduces economic competitiveness. At the same time he could
notice
that the ridiculous manner that tax duty bands apply to the whole value
over
a certain figure, rather than just the excess, seriously distorts the
market
around those price points.

A neighbour has a very nice well located right in front of the woods, 3 bed
house. It was fine with one kiddie then another comes. Being an accountant
he calculated it would be cheaper to extend on the back than go for a bigger
house because of stamp duty ect. They would also find it difficult to get a
house in such a good location too. The extension is to "!their" design too.
Apart from the building mess, it appears a win, win situation.