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Budget: Surely we need help to build not help to buy.

(5 Posts)
Gracesgran Thu 19-Mar-15 08:20:30

Don't get me wrong I want people to be able to buy their own homes but surely this will just fuel the market putting houses out of reach for more people.

People who are in low paid or insecure jobs will not be able to save anyway.

soontobe Thu 19-Mar-15 08:54:19

I have been wondering for years why the Government, this one and the last I suppose, are so concerned/involved/fuelling or whatever they are doing, to house prices.
Anyone care to explain?

I have lost track of what this government is doing as regards self build.

MamaCaz Thu 19-Mar-15 08:55:00

I was thinking exactly the same thing myself.

Gracesgran Thu 19-Mar-15 09:14:39

Well you could say that capitalists believe their raison d'etre is accumulating capital. The Conservative part of the government is certainly capitalist and it could be argued that the Blair government and the Brown one had picked up some capitalist habits.

There were suggestions in the Observer at the weekend about how to deal with the housing crisis which it sees as a human disaster and one was:

Make zero inflation a target. In the same way that targets are set for retail prices, it could be stated that it is desirable to stop house prices rising. In real terms they would slowly fall to affordable levels, and the heat would be taken out of speculation, but no one would be put into negative equity. Inflationary incentives like Help to Buy should be ended, and taxation should be used to deflate property bubbles."

J52 Thu 19-Mar-15 09:22:10

I have heard, in the media, that it is proposed to give housing association tenants the right to buy.

I presume that, with the exception of those on co ownership schemes, this is not already the case.

A lot of social housing is now run by housing associations and this will only heighten the housing crisis for many. x