Letters to the editor – 17/09 – House price bubble, Best of Twitter
House price bubble
[Re: Artificially limiting rises in house prices will do more harm than good, yesterday]
Philip Booth is the voice of reason, rightly pointing out that we have one of the most restrictive land-use planning policies in Europe. I am surprised that the Royal Institute of Chartered Surveyors has called for these limiting proposals, rather than putting its weight squarely behind freeing up supply – to closer match demand – in the housing market.
Michael Smith
I disagree with the assertion that there is no housing bubble because of a lack of activity or mass-participation. The housing bubble has had its mass participation phase (2000-2008), and prices are now soaring again, so it is not surprising that fewer people can participate. Rather than suggesting housing is no longer in a bubble, lower participation may mean the bubble is running out of fuel and is a stage closer to popping. Either way, the pressure is on for anyone buying a house.
Dan Tubb
Howard Archer is absolutely right that we are still some way off a housing bubble. Only London is nearing bubble territory.
Ken Ward
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BEST OF TWITTER
Estonia inflation 3.6 per cent in August. In Greece: 1 per cent deflation. No such thing as “Eurozone” inflation.
@minefornothing
QE is making pensioners poorer forever via annuities impact. This has been ignored and will lower growth.
@rosaltmann
Lib Dems message is same as since 2010: we’re saving you from the Tories by working with them. Hard sell.
@PaulGoodmanCH
Government should now give taxpayers remaining 33 per cent of shares in Lloyds via mass distribution.
@nickfaith82