British Housing Plan pushes the bubble towards Pop!
Cameron's flowery words sound so utopian, so inclusive, so liberal, so devoid of understanding of the consequences that could result
By David C. Jennings —— Bio and Archives--January 3, 2014
World News | Comments | Back To Full Article
The Conservative Government's help-to-buy scheme may be well intentioned, but it runs the risk of fuelling a housing bubble as property values rise and banks lend more aggressively because of lower risk. This threatens to produce a repeat of the economic catastrophe seen in 2008.
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