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Help To Buy Short-Term Political Fix

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Former deputy governor of BoE described Help to Buy as a short-term political fix: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10043936/Top-economists-attack-George-Osbornes-Help-to-Buy-scheme-as-a-short-term-political-fix.html

Note this (about Fathom):

“The buy-to-let sector is the only part of the housing market growing,” Danny Gabay, director at Fathom Consulting, said. “But if interest rates rise by just 1pc the whole model falls apart.”

The article goes onto say that Carney will do QE to buy mortgage debt - not gilts - well, he can buy my mortgage debt, if he likes? I've been living in hope that QE would eventually lead to money being handed directly to the likes of me to pay off my mortgage...

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Former deputy governor of BoE described Help to Buy as a short-term political fix: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10043936/Top-economists-attack-George-Osbornes-Help-to-Buy-scheme-as-a-short-term-political-fix.html

Note this (about Fathom):

The article goes onto say that Carney will do QE to buy mortgage debt - not gilts - well, he can buy my mortgage debt, if he likes? I've been living in hope that QE would eventually lead to money being handed directly to the likes of me to pay off my mortgage...

Looks like you are going to get it. Carney will send you a lorry full by the sound of it.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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