The proposed Housing and Planning Bill will focus on building new homes for first time buyers. Concerns have been raised that other forms of housing will lose out if the Bill only caters to a very specific set of people. First time buyers under the age of 40 will get a certain discount on the market value which will boost home ownership. However, people looking for temporary housing or who just don’t want to buy or haven’t got the money will be overlooked by the Bill. Renters such as students won’t benefit from this and will remain in the same situation as they are in now.
Click on the image to see the pros and cons of the housing bill:
By Sophie Deijkers, Victoria Pennant and Ieva Rakojedaitė
Image Credit: Creative Commons