http://www.dailymail.co.uk/news/arti...ied-homes.html
Quote:
Over-60s should be exempt from paying stamp duty to free up under-occupied family homes, a study has suggested.
Half of all properties owned by single pensioners have three spare bedrooms or more, the report found, at a time when young families are struggling to find affordable housing.
The Intergenerational Foundation, which carried out the study, said that offering tax incentives could encourage older people to downsize, freeing up space for bigger households.
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Please do feel free to actually read the story without commenting, in a complete contrast to many of those who commented. The comments on the Fail you'd think they were on about frog marching people at gun point from their homes.
My thoughts - good idea, some will want to downsize and would rather save utility payments, etc, but the tax system prevents it. The supply will ease pressure at the higher end of the owner-occupier market thus easing it further down the chain.