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Tuesday, 14 October 2008

Gordon Brown - wibble

The BBC report Gordon Brown's latest "wibble" moment:
"The UK property market is likely to bounce back before those of other countries because "we failed" to build enough houses, Gordon Brown has said.

The prime minister told a City audience the US and Spain had "overbuilt" homes during the years of rising prices.

In contrast the UK had a "pent-up demand", as not enough had been built.

He said the UK problem was not shortage of demand for homes at "the right prices" but a shortage of mortgages "at the right prices for people to buy"."

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