Mmastodon BusinessReal Estate first seen 2 h ago, last 1 h ago, peak #7
Andy Burnham looks to revive Help-to-Buy scheme
Original: Despite the housing crisis being in a large part caused by the high price of housing (stoked by the lax availability of
Andy Burnham, Mayor of Greater Manchester, is seeking to revive the Help-to-Buy scheme for first-time buyers in England. Critics argue the scheme fuels demand and pushes house prices higher rather than fixing the underlying shortage of homes, calling it a short-term fix that risks worsening the housing crisis it is meant to address.
Why now: Commenters are debating whether reviving Help-to-Buy would ease or worsen the housing crisis.
Andy BurnhamHelp to BuyGreater ManchesterUK housing market
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 1 h ago.
Evidence
- Despite the housing crisis being in a large part caused by the high price of housing (stoked by the lax availability of credit, pushing up prices), Andy Burnham is now looking to revive the 'Help-to-Buy' scheme for first-time buyers. Once again a short term solution to a… · ChrisMayLA6@mastodon.me.uk · 36
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