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Home truths: What impact will Starter Homes have on housing?

Starter homes illustration

Sensible response to the housing shortage or "audacious social policy experiment"? David Blackman considers the ramifications of the government's 'Starter Homes' initiative

The government has made a big bet, staking its housing policy on a belief that spreading home ownership will boost overall supply.Ministers’ concerns stem from figures showing that the overall rate of home ownership has fallen from a peak of 71 per cent of households in 2003/04 to 63 per cent in 2013/14.This decline has been steepest among first-time buyers. Housing charity Shelter predicted,........
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