Thursday, 30 October 2008

Gordon Brown's 1997 promise

"I am determined that as a country we never return to the instability, speculation, and negative equity that characterised the housing market in the 1980s and 1990s. Volatility is damaging both to the housing market and to the economy as a whole. So stability will be central to our policy to help home owners. And we must be prepared to take the action necessary to secure it. I will not allow house prices to get out of control and put at risk the sustainability of the recovery."

Will anyone hold him accountable for breaking that promise?

1 comment:

Gerald said...

Considering the NuLab mob ignore what they promised in their election manifesto and nobody from the opposition benches calls them to account, I wouldn't hold my breath.