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.”

This content is available only to PrimeResi Professional Members. If you have a membership login below, otherwise join Prime Resi today for full access to the Journal of Luxury Property.