Thursday 25 July 2013

UK government poll ratings vs annual house price inflation

From The Evening Standard:
This is (partly) why the UK government, of whichever party, is so keen to pump up house price inflation - because it gets them re-elected.

The main reason is that most MPs own multiple homes and/or are buy-to-let landlords, and higher house prices are good for banks, who have got enough politicians in their pockets to be able to effectively run the country.

Just sayin'.

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