Transactional Friction: Dealing with the property market’s real villain

The post-Brexit vote story is not prices, but turnover, says Charlie Ellingworth, as transactions tumble and estate agents suffer

The property market is wallowing in stagflation, says Property Vision’s Charlie Ellingworth, with 42% fewer transactions compared to the same time last year. Stamp duty, not Brexit, lurks at the core of the problem, and estate agents are really feeling the pain…

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