Gordon Brown's house sale
The government wants to help the market provide cheap homes for poorer people. It's a risky scheme for all concerned
IT SOUNDS the stuff of which triumphant third terms are made. Gordon Brown, the chancellor of the exchequer, wants to increase the number of homeowners by a million over the next five years, taking the home-ownership rate towards 75%. To back this up, the government will assist people who cannot afford to buy homes on their own.
This article appeared in the Britain section of the print edition under the headline “Gordon Brown's house sale”
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