The housing crisis is already out of control, and no one
in politics wants to help.
George Osborne’s latest budget continued the trend of all
his other budgets: introduce new measures that will further inflate house
prices. This time it was "help to buy" ISA’s . Prices have risen
because the government has been trying to get them to rise. At the end of 2014
Priced Out calculated that the Help to Buy programme had helped raise average
prices by £46,000 in 18 months resulting in an additional 258,000 renters being
priced-out of buying a home as compared to the 31,000 buyers helped by the scheme.
Some 3.5 million people who would have normally been able to buy a home are now
trapped in private renting. Read more on the Yahoo News website.
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