What's happened
Experts recommend stamp duty exemptions for downsizing homeowners and penalties for second homeowners to address housing shortage in the UK.
Why it matters
The proposed measures aim to address the housing shortage in the UK and could impact housing policies and the housing market.
What the papers say
The Times emphasizes the need for stamp duty exemptions and penalties for second homeowners, while The Guardian focuses on the need to reconsider the preservation of green belt land. The Times also highlights the recommendation to revalue council tax bands to support social housebuilding.
How we got here
The housing shortage in the UK has prompted experts to propose measures to address the issue, including stamp duty exemptions and penalties for second homeowners.
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