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As we know the 'clever' wheeze of shared ownership that was meant to make more affordable housing available is unravelling as the loophole of service fees is being exploited to raise the overall costs of homes (once the resident has been captured).
Its worth stressing (again) that only a massive increase in social housing (either built or re-purposed) can start to alleviate the problems of the UK dysfunctional housing market!
(and ending the Right to Buy!)
@ChrisMayLA6 I never understood how shared ownership was supposed to work.
If first time buyers can afford, say, £50k, that's what a 2-up-2-down will go for. Create a scheme that means they can afford a £100k house, and the same houses will go up in price to £100k. So the first time buyers spend the same, but only own half the house.
Every scheme based on increasing the spending power of buyers has the same basic flaw of pushing up house prices.
Yup, your last point is the key one....