Help to Buy

Meeting: 
MQT on 2013-12-18
Session date: 
December 18, 2013
Reference: 
2013/4772
Question By: 
Tom Copley
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Do you agree with your Chief Economic Adviser, Gerard Lyons, that "Help to Buy was not necessary" and that the policy has created a "lethal combination of cheap money, leverage and one way expectations" that was "one of the problems we had before the crisis"?

Answer

Answer for Help to Buy

Answer for Help to Buy

Answered By: 
The Mayor

Please see my response to MQ 4742/ 2013.