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Tag: second-time buyers

The Housing Strategy: Was that it?

The Housing Strategy: Was that it?

There’s little doubt that we need radical solutions to build more homes. There is a broad consensus for that view, leaving aside supporters of Malthus, the Daily Telegraph anti-house-building campaign and a few others. There’s little doubt also that the issues are complex and we need a strategy rather than one big idea to save the day. But unless I am very much mistaken the 88-page Laying the Foundations: A Housing Strategy for England probably doesn’t amount to a strategy…

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The first-time buyer trap

The first-time buyer trap

The 360,000 first-time buyers who bought in 2007 are likely to be trapped in their first homes, says a press release dated yesterday from the bank HSBC. The research isn’t brilliant. What makes this story so unusual and, for me, interesting is that despite it being such an obvious and serious problem so little has been written about it. So what’s the story?