Wednesday, October 10, 2007
Government Props Up Owners Of Multiple Homes
A short article which demonstrates my belief that the Government will prop up the housing market AT ANY COST. Labour fears the loss of the "feel-good" factor, something which adversely affected John Major's Government. See the comment "• Second home owners: they will pay lower rates of tax (18 per cent) on the profits from selling their second homes."So our BTL-ers are getting another break if they sell their portfolio.