Report My Hpi Letter To My Mp Has Received A Response in House prices and the economy Posted June 22, 2006 · Edited June 22, 2006 by boom_and_bust Hi, The MP has not missed the point. He does not want to acknowledge the point. Many, many people in the UK own homes, many have done very well (on paper) and they are the politically strong. FTB's are the marginal voters in most respects to politicians, as long as NuLab are prepared to keep the cheap cash and public spending flowing and a major external shock does not occur, they will maintain the same course. If he was to take serious action, he would lose more voters than he gains. Don't get me wrong, I think the UK plc is headed for a major fall at some point with the current course of action, it could be anytime given the precarious position of public and private debt in this nation. The rate cut before the last election was not merited for any reason whatsoever except to woo voters. I just don't think politicians will have have any interest for the mess Labour are inflicting on the UK economy until it becomes a vote winning policy.