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November 18, 2013

Comments

Oldcobbler

And if you agree with Richard Koo's "balance sheet recession" stuff, presumably anything that's likely to boost asset prices is worth a try ?

Chris Purnell

Like the sergeant said to the officer as the men marched over the cliff edge: "Say something Sir, even if its only good-bye." The Government had to do something & this looked familar enough to be as good as any other proposition.

SK

I ll use this explanation to my daughter, when we will have to move house again for 3rd time the last years because the rents and house prices are increasing.

She is only 4 yo, so what does she know.

John

"Like the sergeant said to the officer as the men marched over the cliff edge: "Say something Sir, even if its only good-bye." The Government had to do something & this looked familar enough to be as good as any other proposition."

I agree w Chris

Edward Harkins

There is only one really tenable defence of Help to Buy (and it's the one that I suspect that Chancellor Osborne is the author of). That is that it helps generate a feel-good factor in some parts of the electorate in some parts of the UK in the run-up to the next General Election. In other words, it is one of the most blatant pork-barrel populist buying-votes-with-taxpayers'-money stunts we have seen in the UK in a long while.

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