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Help to buy: an academic’s view based on economic theory and empirical evidence

Authors
Publication Date
Keywords
  • Hc Economic History And Conditions
Disciplines
  • Economics
  • Political Science

Abstract

Christian Hilber Help to buy: an academic’s view based on economic theory and empirical evidence Speech Original citation: Originally presented at Hilber, Christian (2013) Help to buy: an academic’s view based on economic theory and empirical evidence. In: Help to who? Using the state to help to buy , 05-06 Jun 2013, London, UK. This version available at: http://eprints.lse.ac.uk/54935/ Available in LSE Research Online: December 2013 © 2013 The Author LSE has developed LSE Research Online so that users may access research output of the School. Copyright © and Moral Rights for the papers on this site are retained by the individual authors and/or other copyright owners. Users may download and/or print one copy of any article(s) in LSE Research Online to facilitate their private study or for non-commercial research. You may not engage in further distribution of the material or use it for any profit-making activities or any commercial gain. You may freely distribute the URL (http://eprints.lse.ac.uk) of the LSE Research Online website. Help to Buy: An academic’s view based on economic theory and empirical evidence Christian Hilber London School of Economics June 2013 Strategic Society Centre Public Debate – Help to Who? Using the state to Help to Buy – London, 5 June 2013 ? Overview 2 1. What will Help-to-Buy achieve?  What does economic theory predict?  Supporting empirical evidence 2. Who benefits?  Winners and losers – not who you might think… 3. What should the government (not) do? Intro /Problem Theory Evidence Who benefits? What (not) to do? References Starting point: A real problem… 3  House prices in UK are extraordinarily high  UK has second highest buying price per square metre in the world (only topped by tiny Monaco!) (Globalpropertyguide.com; last accessed March 2013) 

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