Thursday 23 October 2008

Another day, another desperate throw of the dice (5)

A few days ago, the gummint's cunning plan to prop up house prices was to buy up unsold new homes at above market value.*

They're going to go one better now and nationalise the housebuilders. That is to say, Yvette Cooper has denied it flatly, so it's probably true.

And by some amazing feat of DoubleThink, the proponents say that they are doing this in order to provide 'affordable housing'. At least the loonie lefties are gloating openly about nationalising things and building 'social housing'.

* How do we know they'll pay above market value? Firstly because they are morons who will get conned, and secondly, if the homes were on sale at market value, they would have been sold by now.

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