What will they do next to prop up house prices?

A couple of posts ago, I ran through the list of the gummint's first six reckless attempts to prop up house prices. As we can see, as each attempt fails, they try something bigger and stupider, culminating in the taxpayer funded £50 billion (or £500 billion, depending how you interpret it) bank bail out and 0.5% base rate cut yesterday.

JackC over at HPC asked:

@mark wadsworth "each new throw of the dice is more reckless than the previous one" - is the latest measure introduced yesterday the last thow of the dice (in your opinion?).

I for one doubt very much that it is, so here's my list of things that the major parties have seriously considered (and might yet implement), all with an eye to propping up house prices, which is of course impossible:

- giving FTB's grants towards their first home;
- buying up empty properties;
- giving more money to Housing Associations;
- paying the mortgages of people who lose their jobs;
- reintroducing MIRAS;
- putting a cap on Council Tax;
- increasing SDLT nil rate from £175,000, scrapping it altogether or exempting FTB's;
- exempting main residence from Inheritance Tax;
- replacing Council Tax with Local Income Tax;

I am sure that there are dozens of others that I may have missed, if you think of any more, please leave a comment.