The outcomes are in. The largest winners from the Conservatives’ assist to purchase scheme have been high-earners who have been already probably to purchase a home. The Institute for Fiscal Research (IFS) examined who benefited from the coverage, and concluded that the highest 10% of earners acquired the biggest money profit. Reasonably than serving to folks to purchase, it extra probably helped the already lucky to build up wealth faster (by serving to them purchase earlier, or dearer properties). After all, this distorted the market: pushing costs up in some areas, and largely rising competitors quite than provide.
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