Stamp Duty horror for millions!!

As a former estate agent for many years, I was shocked and dismayed to hear about the Stamp Duty reversion in January 2010 which I believe would drastically effect the sale of one's modest property or the affordability for new or first time buyers!! Due to this effect, vendors will be forced to reduce the prices of their homes once more giving false projection of property sales in our area hence giving false information to the general public!!!..This decision will certainly effect the UK economy as a whole!!..What are your thoughts?...Mandana