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Why are the tories just trying to prop up the housing market?

The tories announced new plans to reduce tax etc for 1st time buyers to be able to buy houses, when really measures should be being taken to bring down the prices of the bigger houses. Without 1st time buyers there is not a market and the measures are just to protect the "fat cats" in their big houses. Their plans sound very good and vote winners but I think they're being very crafty.

Public Comments

1. mortages are going up so house prices will eventually fall as people feel the purse pinch. getting rid of stamp duty is an interesting approach but as you said, it won't change housing revenue. That can only fall with market prices and isn't really something that can be controlled manually.
2. All I know is that the big bang will come again. Properties can't continue to rise as they are. It's a well known fact that people are stretching to their limits to have a house that they really want but CANT AFFORD :-(
3. At the moment "buy to let" are more prevalent in the first time buyer market. This will soon cause a crash. The politicians are so out of touch and will always play catch up. ie they are reactionary.
4. Don't ever forget......... Blue to Rue.......