Government guarantee on five per cent mortgages a “bad idea”
Mark Littlewood writes for The Telegraph
Julian Jessop quoted in City AM
IEA Economics Fellow Julian Jessop was quoted in City AM calling the scheme “a bad idea”. He argued: “It will simply make it easier for young people to overstretch themselves in the housing market, while artificially stoking demand and raising house prices even further. The focus should instead have been on increasing housing supply”.
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