"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"."
I am not a sheep, I have my own mind
I have had enough of being told what and how to think
Whilst we are still allowed the remnants of free speech,
I will speak out.
I also reserve the right to discuss less controversial matters should I feel the urge.
Pages
▼
Tuesday 14 October 2008
Gordon Brown - wibble
The BBC report Gordon Brown's latest "wibble" moment:
No comments:
Post a Comment
By clicking "Publish your comment" you indemnify NotaSheepMaybeAGoat and accept full legal responsibility for your comments