Britain | Housing market

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

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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”

A song for Europe

From the May 28th 2005 edition

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