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Old 23-10-2011, 12:36   #61
martyh
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Re: Over 60s Should Be Encouraged To Downsize

Quote:
Originally Posted by Ignitionnet View Post
It's still half the rate it is elsewhere, clearly there's something stopping them, the tax system is at least part of it.
Low house prices perchance ? .Regardless of any tax incentives people selling up to downsize will want max return for a ,usually ,25yr+ investment .If they can manage financially they will wait untill the prices go up again
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