Dave The Chameleon has been a source of undending disappointment so far on the topic of economics (not to mention rabid EU-philia and miserable failure to grasp foreign policy), but maybe there's light at the end of the tunnel?
Mr Cameron says he will take a "sceptical" look at [the gummint's] mortgage plans. Large scale attempts to refloat the mortgage market could be "quite dangerous".
Good stuff, so far...
Ahead of an expected government announcement on Tuesday, Mr Cameron said he wanted to see help with stamp duty and for those facing repossession.
Dude WTF? He's using help as a euphemism for money, and taxpayers' money at that, very worrying.
He [David Cameron] said that the part of the mortgage market which had suffered the worst problems was where people wanted to borrow 90% or more of the property's value. He questioned whether it was advisable to kick-start this part of the mortgage market while there are predictions of further property price falls.
Spot on, Dave! The solution (from The Tories' point of view) must be do nothing; the further prices fall before he becomes PM the better (maybe housing will be affordable again by then?), that way the shit happens on somebody else's watch!
Elevate their cause?
11 hours ago
1 comments:
Maybe a way to bring the loss on the previous house forward for stamp duty/tax purposes?
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