CityAM:
Stamp duty "hampers mobility" as pensioners cling onto family homes
9 August 2017
The academic paper, published jointly by the London School of Economics and the VATT Institute for Economic Research, estimates the level of home moving would increase by 27 per cent if the levy was abolished outright.
Professor Christian Hilber, co-author of the report, said: “The key message of our paper is that stamp duty hampers mobility significantly.
Related publications
‘Transfer Taxes and Household Mobility: Distortion on the Housing or Labor Market?’, Christian A.L. Hilber and Teemu Lyytikäinen, SERC Discussion Paper No.216, June 2017
http://www.spatialeconomics.ac.uk/textonly/SERC/publications/download/sercdp0216.pdf