Economy & Banks

"It does not address the issue of unaffordability. They are - from what I know - hard to sell, and you're still fucked if you want to trade up. Shared ownership AFAIAC is only good for people who want a long term secure rental - and that should be available to all not just those who buy 25% of the house that they are renting."

My first home was shared ownership. It might not be right for everybody, but a great entry level housing concept, if you ask me, certainly not a disgrace.