Gov't housing policy to cut 'volatility', says Balls

Furthermore, the policy should deter people from putting all their savings into property. Speaking at the Chartered Institute of Housing’s annual conference, Balls said: "We will champion people’s aspirations for homeownership - but at the same time we want to do more to help individuals manage risk while reducing cyclical volatility". He said the Miles Review would help people make more informed decisions because of the recommendations for a series of actions to improve information and advice available to consumers. Barker’s proposals on housing supplyshould increase the number of...