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In the UK there are lots of government policies/incentives by the Conservative Party to encourage people to buy a home. These policies can be revoked.
by verbify 5y ago
In the UK there are lots of government policies/incentives by the Conservative Party to encourage people to buy a home. These policies can be revoked.
- toyg 5y agoLet’s be honest, there is a substantial bipartisan agreement on this... possibly because most MPs of all colours are homeowners.
- verbify 5y agoNot only that, but 24% of the ruling Conservative Party members of parliament are also landlords, including the housing minister. Partly that, but also partly that in a constituency based system, there will be a bias towards those who are in the constituency longer. I have to register to vote every time I move constituencies (a fairly regular event for a renter), while those who buy only register once (and can be considered returning customers for the member of parliament). Wealth (which is correlated with property ownership) is also correlated with voting.
- eertami 5y agoThe "incentives" for home ownership in the UK are mostly just government (taxpayer) subsidies paid to land owners. H2B/LISA schemes artificially raise house prices above what the floor would otherwise be.