Unlocking the housing market, downsizing is the solution no one wants to touch
The Spring Statement was a relatively quiet affair compared to previous years and while expected, it has shifted people’s focus toward the Autumn Budget much earlier than usual.
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At the heart of the debate is the housing crisis and it remains one of the most significant hurdles for policymakers. Research out this month revealed that the average age of a first-time buyer has now risen to 34.
While the need to support younger buyers is indisputable, the piecemeal approach has often exacerbated the very challenges it sought to solve.
Rather than attempting to fix parts of the market in isolation, the government must adopt a holistic view. This means recognising that the entire market depends........
