Skip to main content

Budget 2011 - No short-term fixes for property

Given the degree of overvaluation in the residential market and the fragile economic backdrop, we are not convinced of the merits, or the likely success, of the Budget’s attempt to stimulate first-time buyer demand. But, given time, we are optimistic that both commercial and residential property markets should benefit from the proposed changes to the planning system.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.