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UK: Government incentives ‘too focused on first-time buyers’

Posted on 06 November 2012

Lack of government support for all housing types holds back private sector development, Lords select committee hears. Government housing policies are too focused on helping first-time buyers at the expense of the wider housing market, a House of Lords select committee has heard.
Gary Day, executive director for land and planning at McCarthy & Stone, a developer specialising in retirement properties, warned the high profile committee that government incentives do not help to tackle the country’s wider housing issues or encourage the development of other types of urgently needed housing………………………………………..Full Article: Source


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