The budget announcement ignored a number of important topics, which have been deemed as crises by the government itself, yet were stepped over. Most notably, the housing market.
London, United Kingdom (PRWEB UK) 14 March 2017
Following the Spring Budget announcement from Chancellor Philip Hammond, there is an air of widespread disappointment across the property industry due to the lack of housing initiatives from start to finish.
Although some economists have since projected potential house price growth based on changes to other economic policy, the lack of any solid plans to address the UK housing crisis has left a sour taste in the mouth of struggling UK buyers.
Founder and CEO of eMoov.co.uk, Russell Quirk, commented:
“The budget announcement ignored a number of important topics, which have been deemed as crises by the government itself, yet were stepped over. Most notably, the housing market. Not one mention of housing was addressed, except in passing when discussing education.
In the past years, the Conservative government have continued to ignore the issue of housing in the UK, other than a few recycled Help to Buy initiatives. So we can only believe that these plans are nothing more than them combing over the surface to appease people, but without any intention to act.
With a property background, it is surprising that the Chancellor would completely evade the housing crisis. Instead, comforting the British people of a strong economy and new taxation schemes.”
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