John Muellbauer, 25 March 2014

The generation born in the UK after 1979 has suffered grave disadvantages. By the early 2000s, housing had become very expensive relative to income; since 2007, labour market conditions for new entrants have been poor. University fees have increased, and soaring public debt will in future have to be serviced by this self-same generation. Restorative justice is one of the aims of the six fiscal reforms proposed in this column.

Charles Goodhart, Melanie Baker, 14 October 2013

Help-to-Buy was set up to stimulate the economy and help working people buy a home. Critics worry that it has no supply effect and thus just pushes up house prices. This column argues that the policy will boost supply and that it could also become a useful macroprudential tool. The Financial Policy Committee, in conjunction with others, could adjust parameters to manage volatility and avoid bubbles.

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