Will this create more supply with new estates being built and existing land bought?
Will this mean that vacancy rates will increase forcing rents down?
Will this mean that the supply of existing houses reduce forcing prices up?
In my opinion I do not see this package as forcing prices up just yet, it will take time and if prices are attractive for the first home buyer who rents then I see that rental yields will come down which means investment properties being unattractive in terms of yield.
Would be happy for HC experts opinion on the above.
