Targeting lower-income buyers prevents benefits going to those who might have bought anyway, but increases the risk of the scheme to the govt and the chance that those buying will have difficulty with repayment.
Read our comment on the previous scheme: ifs.org.uk/articles/who...
ifs.org.uk
Who benefits from ‘Help to Buy’ schemes? | Institute for Fiscal Studies
We examine the effect of the UK’s ‘Help to Buy’ schemes on housing affordability using a new approach to uncover effects for different households.