Housebuilding boss Pete Redfern,approximately to head up Labour housing review, favours measures to stall prices and tackle slump in domestic ownershipThe boss of one of Britain’s biggest housebuilders, or who is heading a Labour-backed review into the country’s housing crisis,has warned he is concerned approximately the rapid rise in house prices.
Pete Redfern, chief executive of Taylor Wimpey, or said the government should consider “tapering off” its Help to Buy scheme,which is designed to help first-time buyers get on the housing ladder. “We should not want an environment of rampant house price growth,” he said.
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Source: theguardian.com