The Guardian: "First-time buyers may be the losers in shared equity scheme"

Link to The Guardian

"The Institute for Public Policy Research (IPPR) claims that government interventions in the housing market 'make another lost decade of market stagnation more likely'.

"But the IPPR says the biggest beneficiaries have been large housebuilders, which have used the scheme to sell an oversupply of properties, particularly one- and two-bedroom city centre apartments, at a time when house prices have been falling. The result is that the government has in effect propped up weak housebuilders."

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