Hi members… a debate I’ve put out to Linkedin, it would be great to hear your thoughts? Developers…are your biggest fears coming true? Ahead of the October budget next week anxiety looms over the housing market and the principles of free enterprise, through potential increases in taxation and legislation. Labour has pledged to construct 1.5 million homes, but also plans to impose hefty taxes on profits from these developments. This contradictory messaging doesn’t give great certainty for those in the industry… That said the IMF yesterday increased UK growth forecast & the housing price forecasts are looking positive, pointing toward the housing market being in a good position for growth over the next 5 years… Is there genuine cause for concern or is the doom and gloom just poor messaging & media hype?

Posted by Alex Thompson at 2024-10-23 10:32:30 UTC