Monday, Apr 12, 2010
Complicit in the boom, culpable in the bust
Guardian: Treasury saw buy-to-let threat to first-time buyers
The Treasury acknowledged privately as early as 2004 that a burgeoning buy-to-let market could be crowding out first-time buyers, according to a government report released by campaigners who lambast the authorities for allowing the landlord boom to continue regardless.
Posted by paul @ 08:12 AM (887 views) Add Comment
2 Comments
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1. alan said...
Thanks for posting this article. It confirms what most people suspected.
2. doomwatch said...
I'm guessing questions around this failiure will be "filtered out" for the up coming leaders "debates".
For the BTLs out there; THE TAX MAN COMMETH; a little bird says sweeping new tax legislation coming.