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> Also in England, real estate commission fees are about 1% vs. 6% in US. Also in England...stamp duty.[0] Yaaaaa....no thanks. https://www.gov.uk/stamp-duty-

• matthewowen 8y ago
  worth noting that a) transfer taxes exist in the US too and b) property taxes in the US are typically _much_ higher than council tax in the UK (though this isn't apples to apples, especially as council tax is usually also paid by tenants).
• asciident 8y ago
  You know that most states have a stamp tax as well? It's just hidden in closing documents, and sometimes named something else. Basically a percentage of your sale price goes to the state.
  • mbesto 8y ago
    Ya but 6.5% though?
    • asciident 8y ago
      Fair point. The US stamp tax is way lower than 6.5%. I think closer to about 1% or a bit less.