Friday, Dec 18, 2009

More bubble economics from the govt

Homes and Communities Agency: HCA consults on proposals to directly recover grant linked to value

Bizarre idea by the govt's affordable housing quango to profit from rising house prices - so they can re-invest it in more affordable houses. Uh?

Posted by cyril @ 05:44 PM (1173 views)
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1. dill said...

cyril

Are you going to tell them, or shall I, that they won't have any capital returns to re-invest?

Friday, December 18, 2009 07:52PM Report Comment
 

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