The election that never was killed Labour’s chances of a fourth term, the “will they, won’t they” over stamp duty could kill the housing market.
If you thought that stamp duty might be suspended in the Autumn, would you buy a home now? No, me neither. So the entry end of the housing market is frozen because Brown and Darling can’t even make up their minds about this electoral bribe.
If they do decide to suspend stamp duty, it would be nice of them to explain where the money is coming from at the same time.