HIP fiasco

So, the government decides to postpone HIPs once again. What a fiasco this has been. I always thought the point of HIPs was to reduce the costs and time associated with a house purchase by making the seller do a house survey, not the (potential) buyer. That way, fewer surveys are needed (as each potential buyer would otherwise do their own survey, even if they later pull out); and purchase can be completed more quickly (as buyers don't have to wait for a survey).

But then the building survey element was dropped some time ago, leaving a watered-down proposal that seemed to be pretty pointless, I don't know why govt didn't just abandon it completely at that stage. I suspect the whole thing will be quietly dropped not long after Aug 1.