This was suggested in 2012 to the Department of Finance.
Clearly:
- when the Central Bank think their job is limited to some parts of policy than others;
- when the ESRI more or less says there is a shortage of housing;
- rents are zooming upwards;
- we are at 420 houses per 1000 and the Germans (who we pander to) have 490 per 1000
- over half buyers are for cash;
- there is no agreement whether there is or there isn't a bubble
AND
- when most who own houses think upward price movements are great
- 90,000 on a housing waiting list
- virtually no social housing being provided
- Bank of England think housing is a strategic threat to UK
WE COULD
- make the quango low cost
- create a situation of amazingly bringing low cost affordable houses to market in their 1000s ( go up !)
BUT
- we would bring all the diversified groups together
- to bring this quickly to a reasoned conclusion
BECAUSE
- DO nothing will definitely see prices go one way only;
- we go on and on about wanting to learn from mistakes.
Clearly:
- when the Central Bank think their job is limited to some parts of policy than others;
- when the ESRI more or less says there is a shortage of housing;
- rents are zooming upwards;
- we are at 420 houses per 1000 and the Germans (who we pander to) have 490 per 1000
- over half buyers are for cash;
- there is no agreement whether there is or there isn't a bubble
AND
- when most who own houses think upward price movements are great
- 90,000 on a housing waiting list
- virtually no social housing being provided
- Bank of England think housing is a strategic threat to UK
WE COULD
- make the quango low cost
- create a situation of amazingly bringing low cost affordable houses to market in their 1000s ( go up !)
BUT
- we would bring all the diversified groups together
- to bring this quickly to a reasoned conclusion
BECAUSE
- DO nothing will definitely see prices go one way only;
- we go on and on about wanting to learn from mistakes.