Friday, Dec 11, 2009

We haven't managed to completely price out the FTBs yet

The Times: Not everyone is enjoying a house price bounce

A celebration of high house prices by Anne Ashworth. One of the more notable comments: 'This week’s Pre-Budget Report did not provide a boost to development in Swindon, or anywhere else. Alistair Darling seemed satisfied that house prices were “stabilising” and did nothing to ensure that this process continues.'

Posted by quiet guy @ 08:35 AM (1647 views)
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1. hpwatcher said...

This woman is absolutely nuts; she simply is unable to see the bigger picture. She thinks that high house prices are the key to the whole economy.

Wealth creation is not the same as high house prices; in fact, they have the opposite effect and make the UK less competitive.

Friday, December 11, 2009 08:52AM Report Comment

2. mark wadsworth said...

I agree with HPW.

If you think it through, high house prices make us all collectively poorer. But Home-Owner-Ists care only for small, short term paper capital gains and nothing else. Their children can be enslaved by debt as far as they are concerned. This idea is so deeply engrained that I could devote the rest of my life to dispelling it, only once a majority realise this can I make any headway with the ideas of liberalising planning laws (preferably by giving every young person his or her own planning permission, to be used wherever they want); building mroe social housing and replacing as many taxes as possible with Land Value Tax.

Friday, December 11, 2009 10:07AM Report Comment

3. yorkshireman said...

Just the kind of drivel you could expect from a woman who has never had to work for anything.

Friday, December 11, 2009 10:08AM Report Comment

4. doomwatch said...

I agree. "Annie get your gun"; do us all a favour.

Friday, December 11, 2009 12:09PM Report Comment

5. fallingbuzzard said...

Is that the same as Kirstie Allsop?

Friday, December 11, 2009 07:02PM Report Comment

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