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You're pretty much right on price, though getting caught in the stamp duty thing is making it worse than it should be for us.
by Colman (colman at eurotrib.com) on Tue Mar 27th, 2007 at 03:18:00 AM EST
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we don't have that sort of fee in the US in most jurisdictions.  I remember it pissing me off when we bought a house in the UK.   But you got to pay somewhere/somehow and I could hardly cry poverty at the time.

Still transaction costs are ugly.  We often pay far higher real estate commissions (5-6%) + loan fees, title insurance etc such that between buyer and seller as much as 10% extra is spent.

100% agree that step changes are stupid as someone said in this thread.

by HiD on Tue Mar 27th, 2007 at 03:47:01 AM EST
[ Parent ]
we don't have that sort of fee in the US in most jurisdictions

Makes sense. After all, was not stamp tax one of those reasons cited for breaking away from Britain in the first place?

Sure, there was some other stuff to.

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences

And being ruled by a madman named George was apparently not very popular either.

But you can not have everything, now can you?

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by A swedish kind of death on Tue Mar 27th, 2007 at 09:11:24 PM EST
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