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Ellisons speaks to Sky News

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Last Updated: 16/09/2013  
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Sky News correspondent Tom Parmenter interviewed Steve Pither, Ellisons Associate Director on Friday, live for Sky News about R.I.C.S stating that the Government cap house price inflation to 5% per annum!

 

We suggested to Sky that it was an unworkable policy and that the government should concentrate on increasing the supply of property to the market.  Reduce stamp duty and do away with the excessive taxes of the local Authorities which stop developers from building new homes.

 

More supply will satisfy demand and ease price increases naturally!

 

http://news.sky.com/story/1141377/new-housing-bubble-fears-as-price-gap-widens