Thursday, Nov 30, 2006

11.6 Billion NL Affordable Housing Cost??? Housing crisis 'needs 11.6bn'

Now that's what I call a fair chunk of investment - Iraq only cost UK 4 Billion!!!

Posted by nearly30 @ 10:57 PM (901 views)
Add Comment
Report Article


1. paul said...

And the political reaction?

A jovial and and condescending dismisssal just as seen on Starkey's Last Word in October by Christopher Moran; a member of the house of lords and owner of Crosby House situated right next to The Thames.

Don't expect any MPs to react to this either - they know better than to crap on their own well-feathered beds.

Friday, December 1, 2006 09:15AM Report Comment

2. magnifico said...

As I was reading the article I couldn't help but starting to compare affordable housing with a black hole...
All affordable housing, expensive as it is to provide, will, in time, be sold to tenants at a fraction of the market value. This will, as it has in the past, provide equity "rich" people, ready to get into debt through remorgaging inflating the bubble.

The best way in which the Government could intervene is to put up taxes on 2nd 3rd, I know I' repeating myself, so that house prices do come down to a level where every adult in employment can afford to get on the ladder.

As for the more needy members of Society, they should be provided with BASIC accomodation, and help training and support to dig themselves out of stagnation.

Friday, December 1, 2006 10:46AM Report Comment

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies