I find it sad that so many people seem to be so ignorant of the issues.
I find this statement insulting in particular:
"indicates that first-time buyers have been more disadvantaged by their own lack of purchasing power. "
So nothing to do with prices that have risen beyond all sensible measure then.... These stupid FTB's should just earn more (all of them)
I would like her to put herself in the position of todays 20 yr olds, if prices do not drop significantly over then next few years then the majority have not a hope of ever aspiring to a settled home I do not think her and her ilk realise this - if you are reading this Anne - please take a few moments to think about the concequences of the high prices we have now.
They (we) are left at the mercy of cowboy landlords whose only priority is to make money - I have had to move flats 8 times in the past 10 years. If prices had not been so ridiculous then I would have been able to buy something 5/6 years ago - I was 'priced out' then and am even more so now despite having doubled my salary and now have a reasonable deposit. Most FTB's cannot compete with BTL people who have access to far higher deposits and favourable conditions from banks and this government.
An entire generation is being shafted and arrogant comments from people like Anne Ashford do not help.