Housing policies just drive up prices, government warned
Posted: December 11th, 2016, 12:20 pm
THE TELEGRAPH
Housing policies just drive up prices, government warned
By Tim Wallace
http://www.telegraph.co.uk/business/201 ... nt-warned/
Schemes to help young people buy houses are counter-productive and end up forcing up prices, excluding more would-be owners from the property market, according to top economist and former Bank of England policymaker Dame Kate Barker. ...
There is another sense of injustice, she said, as such policies also end up helping buy to let investors who may have more than one property, even as younger potential buyers have no property to their name. ...
Housing policies just drive up prices, government warned
By Tim Wallace
http://www.telegraph.co.uk/business/201 ... nt-warned/
Schemes to help young people buy houses are counter-productive and end up forcing up prices, excluding more would-be owners from the property market, according to top economist and former Bank of England policymaker Dame Kate Barker. ...
There is another sense of injustice, she said, as such policies also end up helping buy to let investors who may have more than one property, even as younger potential buyers have no property to their name. ...