Gosling's Grouse: The MIRAS touch
GOSLING'S GROUSE
Lawrence Gosling
It is nearly three decades since Mrs Thatcher's government put an end to MIRAS - mortgage interest relief at source - as part of a cost-cutting measure last time the nation's finances were in a state as parlous as they are now.
MIRAS helped kickstart the housing market and propelled the economy out of the recession of the early 1970s. This ultimately contributed, along with the right-to-buy former council properties, to the painful...
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