ICR173: Fixing the broken housing market
This week on the show, I take a closer look at ideas for fixing the broken housing market, following the publication of the new government housing white paper.
The housing white paper, ‘Fixing our broken housing market’, was published earlier this week by the Department of Communities and Local Government.
In this episode I will take you through the key proposals in this white paper, look at some of the reaction, and then share my own thoughts on how we might fix the broken housing market.
There’s also a real life case study of a 25 year old who is desperate to get onto the housing ladder, and my suggestions for her.
Personal finance news update
Our newsreader this week is Informed Choice paraplanner Victoria McNulty.
-An unmarried woman whose long-term partner died has won a landmark legal battle that could improve the pension rights of unmarried couples in the public sector.
-Annual house price growth slowed in January, with this trend expected to continue during 2017.
-The Financial Conduct Authority (FCA) has published a new Discussion Paper seeking views on the practice of investing in illiquid assets through open-ended funds.
-Premium Bond holders will have a lower change of winning the biggest prizes from May.
-Tax as a share of the UK’s income is set to rise to its highest level since 1986.
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