mardi 23 juillet 2013

Help to Buy - not a good idea according to one expert

The main (sole) step taken by the UK government to help the economy back on its feet is a scheme to help buyers into houses by helping them with their deposits.



One expert has described this scheme as




Quote:








One of the most stupid economic ideas of the past 30 years



http://www.guardian.co.uk/business/2...to-buy-moronic



My concern with the policy is that it will tend to add fuel to an already over-wrought housing market, it exposes the government to losses should the market reverse and founding economic growth on the housing market is a bad idea (look at Ireland and Spain).





via JREF Forum http://forums.randi.org/showthread.php?t=262618&goto=newpost

Aucun commentaire:

Enregistrer un commentaire