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Why is the government not buying houses to boost/stabilise the housing market?
Asked on Mar 18 2017,
General in West Yorkshire |
Interesting question. From the White Paper and last year´s Autumn Statement there is a desire to boost supply through alleviating some of the systemic problems - but not to actually buy houses directly as far as I can see. However, there are some prominent Housing Associations showing serious plans to confront the "housing crisis". Whether this policy making / expansionary intention will play out successfully remains to be seen, particularly in light of Brexit and other factors (including labour supply, rising construction costs, an over-inflated sales market particularly in London and the South East) - all of which may well cause market disruption sooner or later.
Answered on Mar 20 2017,
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