NewBuy: what’s the alternative?

As the hype around the government’s NewBuy scheme rumbles on, it’s worth pausing for a moment to contemplate why owning a home is such a national obsession, and consequently, why politicians always look to home ownership when they want to deliver a package that plays to the aspirations of Middle England.

To my mind, the real question is: what is the alternative to owning a home? For an increasing number of middle-income families their only option is to rent … Read more