The affordable homes scheme is admirable and necessary in its aim to help key workers and low income families on to the property ladder at a time when we desperately need to help bring new blood in to the housing market.
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Yet, why am I not shocked that it could be doing the exact opposite by failing to help those very people and potentially shoving up house prices that need no help from the government to grow? Key workers are essential for every city, yet the fact that the list of eligible occupations has quadrupled makes me think it has become a free for all.
It is a piece of nonsense that the government intends to spend such a vast sum of money as £936 billion, when it seems to lack any information of how the scheme is achieving its targets and how it will affect communities. It is just another example in a long list of the government failing to listen to the experts in the housing, or indeed any, industry. It seems affordable housing could join Stamp Duty and Home Information Packs as yet another governmental foul up.
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Affordable housing has just become another political play thing for the government to trump as a wonderful initiative, when it could fail in achieving anything it’s meant to. The government desperately needs to reassess its options and bring its house into order.
