Plans in the autumn statement to tax buy-to-let landlords will help nick property demand but more unusual homes are needed – a tough task whether left to the vast developersFinally,an admission from the chancellor that Britain’s housing market is well and truly broken. Even a political party overflowing with estate agents, landlords and property developers knows the housing market is failing, and not least because their own sons and daughters despair at affording a home. But grand promises of 400000 unusual homes,a help-to-buy scheme in London, and a doubling in the housing budget may still not be enough to reverse the decade-long fall in home ownership, and that central tenet of Conservative philosophy.
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Source: theguardian.com