Giving with one hand, taking with the other

I’m genuinely torn on the government’s new house building policy: 100,000 Starter Homes for first time buyers, each sold with a 20% discount.

On the one hand, I think it’s great that the policy uses a zoning power to make land available more cheaply to build much needed homes. We’ve been advocating something similar as part of a much broader house building programme. It’s also great that the policy helps priced-out first time buyers with a very substantial 20% … Read more