Saturday, December 3, 2011
Apparently, prices fell most in Hartlepool YoY according to the latest Land Registry index. Labour councillor Jonathan Brash, who represents the Burn Valley ward, said â€œto turn this around we need to make it easier to get a mortgage and ensure there are more affordable homes, particularly for first time buyers, so that we revitalise our housing market.â€ But what does the phrase "turn this around" mean here? I can only think that "turning around" price drops means price rises yet councillor Brash also wants "affordable homes" to be built as well. It's a politician's job to be popular so I suppose we shouldn't judge too harshly but the basic contradiction in bemoaning cheaper accomodation while praising affordable housing is absurd.