Bank of England urged to cap house prices

By tovarichpeter   follow   Fri, 13 Sep 2013, 2:07am PDT   ↑ Like   ↓ Dislike   776 views   6 comments   Watch (0)   Share   Quote  

http://uk.news.yahoo.com/boe-cap-house-price-inflation-surveyors-030613830--sector.html#AAuaDnE

By Christina Fincher LONDON (Reuters) - British property surveyors called on the Bank of England to limit the rise in house price, joining a chorus of concern about the risk of a new boom-bust cycle in the country's housing market. The proposal by the Royal Institution of Chartered Surveyors - an unusual one from an industry group that typically benefits from rising prices - is for the central bank to take measures to slow mortgage lending if house price growth exceeds 5 percent a year. The upturn in Britain's property market is likely to be high on the agenda of...

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APOCALYPSEFUCKisShostikovitch   befriend (27)   ignore (33)   Fri, 13 Sep 2013, 2:17am PDT   Like   Dislike     Share   Quote   Comment 1

Commies!

PockyClipsNow   befriend (0)   ignore (1)   Fri, 13 Sep 2013, 6:31am PDT   Like   Dislike     Share   Quote   Comment 2

whut? They should instead put a minimum rate of growth at 5%.
The government should guarantee a 5+% price rise min per year no matter what you paid, the condition of the house, or any other factor. zoooom real estate prices.

APOCALYPSEFUCKisShostikovitch   befriend (27)   ignore (33)   Fri, 13 Sep 2013, 6:34am PDT   Like   Dislike     Share   Quote   Comment 3

If housing isn't doubling every year, then satan is using jesus' manger as a bedpan!

This is a crime against nature, god and man!

smaulgld   befriend (10)   ignore (4)   Fri, 13 Sep 2013, 7:42am PDT   Like (1)   Dislike     Share   Quote   Comment 4

When they have a program that gives people money to buy homes what do they expect! They need a new comptroller!

Heraclitusstudent   befriend (0)   ignore (1)   Fri, 13 Sep 2013, 7:55am PDT   Like   Dislike     Share   Quote   Comment 5

What? they don't have land to build houses anymore?
I understand England is pretty dense, but still.
They are asking for price control within the manipulation.
The whole thing is a joke.

smaulgld   befriend (10)   ignore (4)   Fri, 13 Sep 2013, 8:12am PDT   Like (1)   Dislike     Share   Quote   Comment 6

Heraclitusstudent says

They are asking for price control within the manipulation.

Well put

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