Better first time buyer schemes 'could benefit wider economy'

MHK says retaining younger people vital to driving economy forward in future

Improving the situation for first time home buyers locally would have wider benefits for the Manx economy.

That's the belief of Douglas North MHK, John Wannenburgh.

He'll ask the Chair of the Housing and Communities Board in Tynwald next week what plans are being made to update first time buyer schemes locally.

Mr Wannenburgh says the Isle of Man needs to retain younger people to drive the local economy in future: