Fix property sale rate at 4.5%

PolicyEngine / policyengine-uk

The UK's only open-source static tax-benefit microsimulation model.

https://policyengine.github.io/policyengine-uk/

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Fix property sale rate at 4.5% #872

Closed nikhilwoodruff closed 3 weeks ago

nikhilwoodruff commented 3 weeks ago

Currently the property sale rate seems to be declining due to uprating issues with the stamp duty statistics. I think we should just fix at 4.5% (which was calculated in 2021) for now and re-assess at some point in the future.

MaxGhenis commented 3 weeks ago

How does this affect stamp duty calibration?