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GOOD NEWS ON HOUSE PRICES: "Help to Buy will not drive up house prices, says minister"

Link to The Guardian

"People who think there is a housing bubble 'need to get out more', a Treasury minister has said, as he defended the Help to Buy scheme on its launch day.

"Danny Alexander, the chief secretary to the Treasury, dismissed concerns that the scheme offering 95% mortgages backed by the state will push up house prices too much.

"He told Sky News that those criticising the scheme 'need to get out more' to areas of the country where house prices were not rising quickly."

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