Homeownership plan won't create bubble, Osborne says

07/12/2013 | Bloomberg

UK Chancellor George Osborne told Parliament's Treasury Committee that his plan to increase homeownership won't create a price bubble. "It's a three-year scheme," Osborne said. "I don't want to create uncertainty that it might suddenly end early. It's hard to see given the current financial climate that it would fulfill the fears that the committee has expressed."

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