first-time buyers to get 20%
Discussion
"Young first-time buyers in England could buy a house at 20% below the market rate if the Conservatives are re-elected, David Cameron has pledged.
The Conservative leader said the party would build 100,000 new homes, reserved for those under 40 buying their first home.
They would be exempt from some taxes and built on brownfield land already identified for development, he said"
Under the new proposals, the homes would be built on brownfield land which was no longer needed for industrial or commercial use.
Savings from constructing the dwellings on such land would be passed on to the buyers, the Conservatives said.
http://www.bbc.co.uk/news/uk-politics-29387866
Since when does a political party build houses?
What about people over 40 and those who have just bought similar houses and are going to see 20% wiped for the value?
how are these savings in construction costs going to be made?
If these properties are going to be 20% under the market value why won't buyers simply flog them on to pocket the 20%?
The Conservative leader said the party would build 100,000 new homes, reserved for those under 40 buying their first home.
They would be exempt from some taxes and built on brownfield land already identified for development, he said"
Under the new proposals, the homes would be built on brownfield land which was no longer needed for industrial or commercial use.
Savings from constructing the dwellings on such land would be passed on to the buyers, the Conservatives said.
http://www.bbc.co.uk/news/uk-politics-29387866
Since when does a political party build houses?
What about people over 40 and those who have just bought similar houses and are going to see 20% wiped for the value?
how are these savings in construction costs going to be made?
If these properties are going to be 20% under the market value why won't buyers simply flog them on to pocket the 20%?
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