Mecky Posted September 27, 2013 Share Posted September 27, 2013 I suppose the 70s nightmare was far away better than the Victorian times to the Dynamic Duo we have today want/are dragging us back to Link to comment Share on other sites More sharing options...
brianthedog Posted September 27, 2013 Share Posted September 27, 2013 Osborn is on the back foot already with is Help to Buy scheme. http://www.bbc.co.uk/news/business-24293275 "The Chancellor has responded to criticism that his Help to Buy scheme, due to launch in January, could cause a dangerous housing market boom, by giving powers to the Bank of England to constrain its impact" The scheme is not even launched yet and people are getting greedy with house prices which are already up since the news broke. It's back to the same old Tories - an attempt to artificially inflate a precarious asset with fake money for short term gains and long term losses. The tories created the boom of the 80's which fell back down to earth ten years later and is still creating untold problems today. They sell the UK to their mates, create artificial economies and blame Labour for everything. Mecky - your knowledge of history fails you, once again. Take a look at house price growth in the 80s, and again at growth in the 00s. Which is the bigger growth? Then overlay that with interest rates for both periods... Link to comment Share on other sites More sharing options...
Cyclone Posted September 28, 2013 Share Posted September 28, 2013 Osborn is on the back foot already with is Help to Buy scheme. http://www.bbc.co.uk/news/business-24293275 "The Chancellor has responded to criticism that his Help to Buy scheme, due to launch in January, could cause a dangerous housing market boom, by giving powers to the Bank of England to constrain its impact" The scheme is not even launched yet and people are getting greedy with house prices which are already up since the news broke. It's back to the same old Tories - an attempt to artificially inflate a precarious asset with fake money for short term gains and long term losses. The tories created the boom of the 80's which fell back down to earth ten years later and is still creating untold problems today. They sell the UK to their mates, create artificial economies and blame Labour for everything. What do you mean it's not even launched? It's been running for about 6 months now! Link to comment Share on other sites More sharing options...
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