Thursday, November 13, 2014
Mansion tax is blamed
"UK house price growth has reached a 17-month low with the prospect of a looming 'mansion tax' contributing to price falls in London, a closely-watched survey has found". (Sky clearly has a different angle on House Prices than the BBC). "..the move was driven by the worst price falls in London for four years and it could be partly explained by Labour's plans to tax the owners of properties worth more than Ã‚Â£2m - the majority of them in the capital, where average prices are now well above Ã‚Â£500,000". (I thought it was the Lib-Dems who thought of it first - what a cheek). Meanwhile UKIP has condemned the Mansion Tax on their website as "pure populism" (ie: clearly something UKIP would never be caught aiming for).