Tuesday, Jun 17, 2008

By throwing tax payers's money at it!

Property Week: Flint says Government can cope with housing crisis

Housing minister Caroline Flint said today that housing supply was her ‘main priority’ and said the government had a range of plans to alleviate the poor housing market conditions.
And low cost home ownership plans for households with incomes of less than £60,000
I wish I could aspire to even half that amount!

Posted by rental john @ 03:17 PM (315 views) Add Comment

5 Comments

1. mark wadsworth said...

If Ms Flint wanted to get the construction industry going again, she could undertake to walk past every building site and flash her boobs at everybody who was working hard.

Tuesday, June 17, 2008 09:26PM Report Comment
 

2. Doghouse said...

"And low cost home ownership plans for households with incomes of less than £60,000"

What??? Does this mean they are going to provide low cost home ownership for the majority of households in Britain?? (anybody got any idea what average household incomes are?) I feel we are pretty well off compared to most, and we only bring in £50k between us. Oh, silly me, I just noticed she didn't say how long the income was over...she forgot to say "per decade"

Just a minute, now I get it....the "low cost" means that they are finally going to allow house values to fall to an affordable level!!!! Oh yeh, I wish!!!

Wednesday, June 18, 2008 12:11AM Report Comment
 

3. Tb said...

How reassuring, a 60k salary is considered low income. Is the government budgeting for 20%+ inflation rates at which point yes 60k is a low salary. The sooner Gordon "midas touch" Brown is out of power the better. The man is obviously a poor gambler and unfortunately gets to play with UK plc with no one to stop him

Wednesday, June 18, 2008 01:31AM Report Comment
 

4. This comment has been removed as it was found to be in breach of our Blog Policies.

 

5. quiet guy said...

This article seems confused to me.

'A comprehensive and robust package of measures to help minimise the short-term turbulence, and continue to promote fairness and stability in the housing market'

Fairness to whom?

'A £50bn Bank of England injection of liquidity ‘to keep the financial markets working smoothly’'

Surely that's history now. We all know that the injection was used to help keep banks capitalised.

'low cost home ownership plans for households with incomes of less than £60,000'

What !?! Households with £60K that need government help?

Wednesday, June 18, 2008 02:16AM Report Comment
 

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