Does a honey and lemon mixture make hair thinner?

I have been looking for homemade/natural remedies to make body hair thinner (more specifically, leg hair). I came across a few websites that say applying a honey and lemon mixture can make hair appear thinner over time. My only concern is that none of the websites explain why or how this works, nor are there any comments or reviews of it actually working. Here is what they generally state:

"Thin body hair with natural remedies by using a lemon juice and honey mixture. Simply mix two tablespoons of lemon juice with eight tablespoons of honey and apply to the area in which you want to thin the hair. Rub the mixture on in the same direction as hair growth. Leave for 15 to 20 minutes before rinsing thoroughly. Repeat the process once or twice a week. This process should result in less hair growth and finer hair within several weeks of starting."

So yeah, I'm just wondering if this actually works and if there are any negative effects, precautions, areas to avoid, etc.

Lemon juice and honey (has some hycrogen peroxide properties) will lighten the hair which will make it less noticeable (thus the misconception that it is thinner).