Showing posts with label Policy. Show all posts
Showing posts with label Policy. Show all posts

27 Jun 2012

Stop the housing Ponzi scheme

"The government's new housing policy will collapse sooner or later like a fraudulent investment strategy"

Yesterday the government unveiled its housing strategy to "get the housing market moving again". The centrepiece was a mortgage indemnity scheme to help first-time buyers to get on the property ladder. But this policy is a disastrous waste of taxpayers' money that will satisfy nobody.

By Ian Mulheirn. New Statesman. 22. November 2011.