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Do You Think What Miliband/labour Are Proposing Will Have Any Effect On Hpi?

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So far from the Labour camp we have had;

  • Proposals to build 200,000 new homes per year.
  • Mansion taxes on homes worth over £2 million.
  • Possible rent controls (this is coming from the unions and the Shadow Housing Minister).
  • Punitive taxes on landbanking/hoarding.

If Moribunds "talk" can wipe £2 billion off the price of Centrica shares/make them talk of abandoning the UK, then what kind of effect will talk of clamping down on the housing crisis have on HPI?

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So far from the Labour camp we have had;

  • Proposals to build 200,000 new homes per year.
  • Mansion taxes on homes worth over £2 million.
  • Possible rent controls (this is coming from the unions and the Shadow Housing Minister).
  • Punitive taxes on landbanking/hoarding.

If Moribunds "talk" can wipe £2 billion off the price of Centrica shares/make them talk of abandoning the UK, then what kind of effect will talk of clamping down on the housing crisis have on HPI?

Surely it would be a big vote-winner if they actually put some plans in place to limit HPI?

I found it quite amusing that two of the main stories circulating on Tuesday were Miliband's proposal to save people £120 per year on energy and the fact the the average London house price had increased by £40,000 in the past year.

Surely, it doesn't take too much to work out that buying the average London house this year rather than last year on a 4% mortgage will cost people an extra £1,600 per year? Somehow, that is good news....

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Surely it would be a big vote-winner if they actually put some plans in place to limit HPI?

Well you might think so but as the last house price crashed caused lots of Tory MPs to lose their jobs then I would guess not.

I found it quite amusing that two of the main stories circulating on Tuesday were Miliband's proposal to save people £120 per year on energy and the fact the the average London house price had increased by £40,000 in the past year.

Surely, it doesn't take too much to work out that buying the average London house this year rather than last year on a 4% mortgage will cost people an extra £1,600 per year? Somehow, that is good news....

A lot of people think that HPI makes the economy grow.

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It's all old news... literally

Liebour promises 200,000 new homes

I think they ended up building 2, maybe 3 extra homes.

The Electricity price freeze was fantastic news... I picked up some SSE shares on the cheap, they yield a heck of a lot more than a BTL; thanks Millibrand,

I was thinking of picking up some more Shell shares, what are the chances of labour promising a petrol price freeze? Who's the best person in Labour to write to suggesting a price freeze, I'm guessing most of them can't read because they know bugger all about economics?

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