Help to Buy is not the answer

Philip Booth appears on BBC Radio 5

Philip Booth yesterday appeared on BBC Radio 5 to discuss the government's 'Help to Buy' scheme.  Philip argued that the policy was keeping house prices high and had significant risks, as demonstrated in America where government backed mortgages were a major factor in the collapse of the property market. Philip said that the Coalition should instead focus on reforming planning laws and review regulation that deters banks from lending.

Listen to the full programme here. The segment begins at 02.26.00

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