Friday, August 15, 2008

Labour have frozen the housing market

David Cameron has attacked Labour for their "completely reckless" decision to brief the press about a possible Stamp Duty holiday.

He stressed that by allowing speculation to build about a Stamp Duty suspension, the Labour government have effectively "frozen" the housing market, as some potential buyers and sellers are waiting to see whether this will happen and time their sale or purchase to take advantage of it if it does.

"When it comes to the crisis in our housing market they seem intent on making things worse rather than better," he said.

David accused Labour of being more interested in "press handling and headlines" than the best interests of the country, and urged the Government to adopt Conservative plans to abolish Stamp Duty for 9 out of 10 first-time buyers.

No comments: