- Reference: 2013/5315
- Question by: Stephen Knight
- Meeting date: 18 December 2013
Your chief economic advisor is reported as having said that "Help to Buy was not necessary" and will create a "lethal combination" of cheap money and expectations among householders that ever-rising house prices are a "one way bet." He joins a growing list of critics which include the House of Commons Treasury Committee, the former governor of the Bank of England and the International Monetary Fund. In view of these shared concerns - and in light of your housing responsibilities - will you commit to monitor the impact of this policy on the price, affordability and demand for homes across...