Older couples delay downsizing because they cannot justify the cost, while younger families cannot move up. Fewer homes come to market, so prices remain high and supply tight. Britain’s housing market has become a game of musical chairs with the music turned off.
If Conservatives roll over on this policy and allow it to be enacted, they are setting a dangerous precedent.
Older couples delay downsizing because they cannot justify the cost, while younger families cannot move up. Fewer homes come to market, so prices remain high and supply tight. Britain’s housing market has become a game of musical chairs with the music turned off.