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Chancellor Jeremy Hunt’s Mortgage Idea Is Even Riskier for UK Housing Market

Merryn here, rounding off the week with a look at the government’s latest housing market wheeze.

If you were a GCSE economics student and you were told that the price of a commodity was soaring, you would suggest either increasing supply or reducing demand. If you were a government minister and the commodity in question was housing, you would do something different. You would look for a way to push up demand. Every. Single. Time.