Originally posted by pauljbo470
Shifting NG eligibility to new housing stock only is a good policy to address a structural problem within the economy. I dont care which party implements it.
I understand why those invested in old housing stock as a source of asset appreciation would want to restrict supply, and would be opposed to such a policy. Self interest is a strong motivator.
That will mean existing house prices will plummet as investors can only buy new ones. You will not even be able to sell your house for what it cost 7 years ago.
