Blog: UK Housing: A Different Question, A Different Solution?
Reading the UK business media recently, you could be forgiven for thinking that UK house builders are possibly the root of all evil and certainly the cause of the current housing crisis.
One of the more frequent criticisms concerns the house builders’ use of and benefit from the Help to Buy programme. Those long of agenda but short of analysis have decided that this a “subsidy” from UK tax payers which has provided house builders with an unfair advantage; supporting demand while they drive prices up by restricting supply.
In our view, this is wrong or, to quote POTUS, fake news.
Inflation is in the spotlight today, as a flurry of UK economic statistics will be released including the RPI, PPI and CPI.
Asian markets were up in early Tuesday trading, continuing to benefit from a global uptick after last week's market turmoil.