Re: Porky's (Beazley) Return ? hahahahaha

On Wed, 03 Dec 2003 09:05:06 GMT, Beable van Polasm
<[EMAIL PROTECTED]> wrote:

[snip]

>Let's see, the price is EXACTLY THE SAME, because the homebuyer still
>pays the SAME AMOUNT OF MONEY. DO YOU UNDERSTAND THE WORDS COMING OUT
>OF MY MOUTH??? If buyers are willing to pay $520,000 for a house, then
>some vendors will sell at that price. If the government stops charging
>$20,000 stamp duty (what the HELL is "stamp duty", anyway???), then if
>buyers are still paying $520,000 for a house, why are you upset? Do

If I buy a house I will factor the cost of stamp duty into what I can
afford, therefore I will bid up to what I can afford less costs like
stamp duty. Without stamp duty I can bid higher therefore it leads to
higher prices.

[snip]