Building a better market

Buying a home is one of the most important purchases that a consumer will make in their lifetime, and the market should work well to meet the needs of consumers. This report focuses on how to improve the market in the interests of consumers. Social Market Foundation examines the market structure of the housebuilder market, and consequences on the outcomes for consumers, focusing on the quality, size, design and location of new housing. It has proposed measures to improve competition in the market, improving choices for consumers and ensuring that their needs are met. To realign the incentives between housebuilders and consumers, it proposes a reform to the redress system that will help to protect consumers.

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