By Charlie Jacoby, September 5, 2008
Property commentators have found a focus for their fury over the state of the market. They are heaping their wrath on the government’s “rescue package”, with its £300 million shared-equity scheme and change in the stamp duty threshold to £175,000 for a year. David Bexon, managing director of SmartNewHomes.com says: “The government’s plan does not offer nearly enough to inspire an industry that is in serious need of an immediate confidence boost. The measures will provide only a small reprieve to a small section of the market.”
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