Therefore, inflation has had an impact on everyone, but it affects young people more, and the government needs to take that into account when developing policy.
We've talked at length about housing and home ownership. Of course, when you already own a property and prices go up, you can sell your property to buy another one. You can do that when you're already in the system. Young people who are starting from scratch, however, are faced with astronomical prices. In your response to Mr. Baker, you recommended some potential solutions to this.
People understand that home ownership is about supply, including the supply of social housing, which drives down overall prices. For first-time buyers, however, they do have a tax credit, but they may not have the cash flow.
Can you tell us about that?