Hidden factor behind the UK’s housing crisis | Letter
TheGuardian
APRIL 4, 2021
Nick Brook on how schemes such as help to buy are creating problems by increasing house prices Your article on six ways to fix the housing crisis (1 April) contains no mention of one of the most overlooked but important issues – house price inflation caused by schemes such as help to buy and the government’s money-creation policy. The help-to-buy scheme seems to be welcomed by some as a positive move, but in reality, its effect is to increase house prices, because people are able to borrow more
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