Monday, May 19, 2014

Fingers Crossed: will this allow the Govt to cheer a fall?

Cable: Rising house prices destabilising economy

Cable agrees that extortionate house prices have terrible economic and social consequences. But, curiously, is he preparing the ground for the establishment to cheer a house price correction, the way 'most people' used to cheer double-digit price rises last decade? And is the need for fall now agreed enough that all political parties could be asked to publish house building targets in their manifestos, so they can out-bid each other at election time ('We'll build more than them...'), and we can hold them to their promises? Generation Rent has an opportunity here, not to be wasted...

Posted by smiley @ 01:38 PM (906 views)
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