The BBC asks, “Does Help to Buy prop up housebuilders?”

Published: 24 May 2019

“The Help to Buy housing scheme, launched in 2013, is hailed by the government as one of its big successes.The Treasury says 494,108 English homes have been bought through the scheme, with the vast majority going to first-time buyers living outside London.

Ministers and mortgage lenders alike say it lifts people into home ownership by getting them on the housing ladder.But critics say it merely subsidises housebuilders and pushes up the price of new homes.” Read more https://www.bbc.co.uk/news/business-47372385