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There was a most interesting opinion article published in the Herald on Friday 12th February, written by Damien Venuto.
This article discusses how urban myths are established, oft repeated, and over time become treated as an established fact.
This would seem to explain why the 'unfair tax advantages for property investors' stance of so many people remains so powerful despite all the evidence that this is actually untrue. It would probably also explain why the 'CGT would reduce property prices' people insist that this would happen despite no evidence that this has actually been the result anywhere in the world where a CGT has been introduced.
"The enduring appeal of these false statements comes down to how often they've been repeated and shared innocently among friends.
Numerous studies since the illusory truth effect was first identified at a pair of US universities in 1977 have shown that our psyche has a glitch that makes us more likely to accept statements as factual when they are repeated over and over again."
This article discusses how urban myths are established, oft repeated, and over time become treated as an established fact.
This would seem to explain why the 'unfair tax advantages for property investors' stance of so many people remains so powerful despite all the evidence that this is actually untrue. It would probably also explain why the 'CGT would reduce property prices' people insist that this would happen despite no evidence that this has actually been the result anywhere in the world where a CGT has been introduced.
"The enduring appeal of these false statements comes down to how often they've been repeated and shared innocently among friends.
Numerous studies since the illusory truth effect was first identified at a pair of US universities in 1977 have shown that our psyche has a glitch that makes us more likely to accept statements as factual when they are repeated over and over again."
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