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Outcry Grows Against British Housing Plan

Aug 24, 2013 - The New York Times - Biographical Materials
Board and Executive Moves

LONDON -- Depending on where one stands in the debate on the rising cost of housing in Britain, Paul Thomas and Abigail Walker, first-time home buyers, are either part of the solution or part of the problem.

To buy a £248,000, or $386,000, two-bedroom house in Oxfordshire, west of London, Mr. Thomas, a 38-year-old electrician, and his 25-year-old partner, Ms. Walker, who works in an accounting office, are making use of a government program called Help to Buy. Through it, they are able to ...