Rishi Sunak’s stamp duty cut is not about helping first-time buyers, but shoring up the whole UK economy


"Property prices are critical to UK prosperity," writes Professor Alexander Tziamalis. "Britain should arguably wean itself off its property addiction, but for now the chancellor has tried to sustain confidence in an asset class that accounts for most of the country’s wealth."

Written by

Alexander Tziamalis

Senior Lecturer in Economics (Associate Professor), Sheffield Hallam University at PrimeResi

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