
Help to Buy scheme benefited top earners most, IFS study finds
The Institute for Fiscal Studies found that the Conservatives' Help to Buy scheme primarily benefited high-earners in the top 10%, accelerating housing and wealth inequalities. Rather than helping people onto the property ladder, the policy helped already fortunate buyers accumulate wealth faster or purchase more expensive properties. The study adds to previous findings showing the scheme failed to address structural housing costs and represented a lost opportunity to invest in social housing or council building programmes.
