Psamathe
Guru
My understanding is that bit like queue of people moving up a ladder, person at top stops because next step means £££ Gov tax and everyone on ladder stops right down to bottom.I don't see how an entirely new supply of houses in a climate of houaing shortages would be detrimentally affected by a reduction in supply of existing properties at a comparable value.
Plus developers don't make their profit expectations from building smaller houses.
