The danger of measures that would boost house prices

Steve Wilcox

The home-ownership market has continued to languish in the first half of 1995, provoking suggestions that the housing market should be subsidised to stimulate price rises and thereby ease the problems associated with 'negative equity'.

This analysis of the housing market by Steve Wilcox of the University of Wales suggests that while there is a case for some very specific targeted measures, any more general stimulus would be counter- productive, both for home-owners and for the economy.

Downloads

Downloads