Help to Buy is not the answer to building enough homes

Help to Buy is this government’s biggest intervention to date in the housing market and ministers often portray it as a major part of their answer to the housing shortage. However our analysis shows that this approach cannot deliver enough homes to meet need. The only way it could is if the average price of a home in England reached an astonishing and implausible £9 million.

Let me explain.

The current – and orthodox – thinking is that the supply … Read more