Quote:
Originally Posted by Ignitionnet
Probably not, people will be wanting to move up the chain increasing supply as they vacate and demand overall will drop as people are in more suitable housing that's a better fit for their families, or just themselves as the case may be.
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I think before the government try anything like this they need to make it possible for people to enter the housing market should they wish to .Lower house prices ,lower deposits ,employment and wage levels all to be addressed first because this whole scheme depends on first time buyers being able to afford to buy a house ,it's no good having a glut of decent houses on the market if nobody is able to buy them