Help to Buy scheme pushed up house prices, study finds

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Official study shows most borrowers could afford a home anyway while confusion reigns among struggling savers

Redrow, Bellway, Taylor Wimpey, Barratt and Persimmon.

Source: Real Estate Daily Report (realestatedailyreport.net)

 

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even UK have same problem😂😂😂

Government scheme in Ill-thought-out-and executed shocker

Whenever subsidies are involved, prices will be manipulated. Student grants, help to buy, apprentice funding. It’s a function of the market

Yep, in London, suddenly all new build HTB properties were priced at exactly £600k, funny that 🙄

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So government made it harder for people to save (As landlords put up rent because of help to buy landlords tax) which ended up being pointless as it pushed up prices. I mean seriously it was so obvious this was going to happen. So nobody other than property developers benefitted

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