Helping handPosted: February 9, 2015
So it turns out that subsidising housebuilders may not have been the best way to boost housebuilding after all.
It’s bad enough that even developers are now arguing that the government has made too many concessions to them. Now it turns out that George Osborne was warned by his own civil servants that Help to Buy could end up going to homes that would have been built anyway.
I’m catching up on a week’s worth of news that shakes the twin pillars of government policy on housebuilding and home ownership: cutting ‘red tape’ to make sites more viable for new homes and funding equity loan and guarantee schemes to persuade people to buy them.
-> Read the rest of this post on Inside Edge 2, my blog for Inside Housing