Telegraph:
Opinion: Stamp duty is a tax on mobility and aspiration. It should be cut substantially or abolished
8 August 2017
However, research from the LSE and the VATT Institute for Economic Research suggests the human cost of stamp duty is even higher. It artificially reduces the rate at which people move by nearly one-third, it says, creating a “mismatch” in the market. The tax is a problem for growing...
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