The tragedy is, in saying all that, he's trying to give the average working man the message he wants to hear.
The Conservatives will set out plans to "reward work" by giving young people a £5,000 tax rebate towards their first home when they get their first full-time job. So where are these houses going to be?
£5000 for your first home when you get your first job is like offering 50p off a brand new Ferrari when you claim Universal Credit.
John Crace's political sketch. Always biting. https://www.theguardian.com/politic...politics-differently-you-cant-argue-with-that "Conservative leader has achieved the seemingly impossible: she has taken the Tories even further backwards"
£5k is actually a good chunk of a first time deposit, particularly with 5% mortgages becoming more accessible. Especially for those buying as a couple. The issue with that policy is that cash handouts don't fix a broken system. It's simply papering over the cracks and as we have seen with other schemes that aim to improve buying power, it could be inflationary.
