Emma-Jayne Blackman BBC News, Jersey BBC In 2024, a family on an average income could afford a mortgage on a one-bedroom flat A Jersey estate agent says the government needs to do more to support the housing market. Gill Hunt, the president of the Jersey Estate Agents’ Association, said “a stamp duty holiday” would get the […]
According to the CoreLogic Home Price Index Report, national home prices saw a year-over-year increase of 5.4% in May — up from a 3.6% gain in April 2019. CoreLogic attributes the growth to a decrease in housing supply because of the pandemic. “Tight supply and pent-up demand, particularly among millennials, provides optimism for a bounce-back in […]
Ken Griffin spent almost £200m on two houses, but will pay only £3,000 in council tax Property at Carlton Gardens, central London. Photograph: Luchford Spink The body representing regional government in England and Wales has called for more taxation to be retained by local councils in the wake of two huge London property purchases by a US […]
At a talk entitled, “The key driver for property demand will always be affordability” during the Star property.my Fair 2018 in KLCC, the audience was asked about Budget 2019. “How many of you here thinks Budget 2019 is positive for you?” No one raised their hands. Perhaps they have yet to feel the effects of […]
