It is totally obvious. Economics 101.

It's a s**t policy. Hammond knows this too. So the question then is why is he pursuing such a stupid policy?

1. He thinks we're all too stupid to think it through and all we'll see is that "something must be done" and he's "doing something" so hurrah!
2. The Tories are cynically aiming to stoke up house prices so that the home owning demographic feel richer and happier and vote Tory again.
3. Individuals (naming no names) are invested in house building companies and stand to benefit personally.

Posted By: Under soil heating on October 2nd 2017 at 13:55:20

Message Thread

“Reviving Help to Buy is like throwing petrol onto a bonfire." (General Chat) - Ralf Scrampton, Oct 2, 13:08:49
- That money should be used to build council houses and then the gov't would (General Chat) - Larry Hagman, Oct 2, 14:53:54
  - how would you cope though? (General Chat) - CWC, Oct 2, 15:13:51
    - council houses (n/m) (General Chat) - Larry Hagman, Oct 2, 15:15:04
      - VMT^^ It's amazing that Brois and Fox blurt out they'd like to be like Singapore.... (General Chat) - DrDublin, Oct 2, 15:28:36
- Yep, It's another scam to give tax payers money to huge corperations (General Chat) - Larry Hagman, Oct 2, 14:39:08
- But its nothing to do with helping first time buyers (General Chat) - Chopper, Oct 2, 13:56:05
- Can’t understand why the Tories aren’t getting a proper kicking over the economy (n/m) (General Chat) - Gob on a Stick, Oct 2, 13:22:56
  - because its actually not that bad (General Chat) - ghostof barry butler, Oct 2, 14:06:15
    - except for ordinary working people (General Chat) - mr carra, Oct 2, 14:16:36
      - Didnt the Russioans believe is distributing wealth. How did that go for them?? (General Chat) - Basingstoke_Canary, Oct 2, 14:27:48
        
        Presumably socialism to the rich is okay then? Because that's (General Chat) - Chopper, Oct 2, 16:32:18
        
        In what way has socialism failed in Cuba? (General Chat) - Mecagoenti, Oct 2, 14:41:30
        
        Oh god. Missed off lots hundreds of thousands of deaths I see. (n/m) (General Chat) - Tony Martin, Oct 2, 16:43:20
        
        having been to Cuba many times with my Cuban partner, I can say that's total bollocks (General Chat) - Worzel Scrimmage, Oct 2, 17:29:03
        
        It's ok you don't appear to know much. You went on holiday there (General Chat) - Tony Martin, Oct 2, 18:01:19
        
        stop talking bollocks Tony, did I not say my partner was Cuban (General Chat) - Worzel Scrimmage, Oct 2, 18:32:33
        
        lol can't hold a reasoned debate without trying to throw personal insults (General Chat) - Tony Martin, Oct 2, 18:56:07
        
        and let's have a look at your "hundreds of thousands" shall we? (General Chat) - Worzel Scrimmage, Oct 2, 18:50:47
        
        Read Independent article (General Chat) - Basingstoke_Canary, Oct 2, 14:59:45
        
        but a lot of people measure wealth by the size of their car and TV (n/m) (General Chat) - Larry Hagman, Oct 2, 14:46:28
        
        yep, it's a funny view of the world (General Chat) - Mecagoenti, Oct 2, 14:51:05
        
        N (n/m) (General Chat) - ghostof barry butler, Oct 2, 14:43:24
      - want more money (General Chat) - ghostof barry butler, Oct 2, 14:18:18
        
        but not everyone can get a top job unless every job becames a top job... which would mean (General Chat) - Larry Hagman, Oct 2, 14:44:01
        
        Not everybody wants the top job (n/m) (General Chat) - ghostof barry butler, Oct 2, 15:01:04
        
        depends upon what someone considers a top job and how it is valued (n/m) (General Chat) - Larry Hagman, Oct 2, 15:14:13
        
        Doesn't work like that. A labourer works a lot harder than I do yet I earn more money (n/m) (General Chat) - Adster, Oct 2, 14:26:46
        
        thats not what i meant (General Chat) - ghostof barry butler, Oct 2, 14:31:33
        
        No? (n/m) (General Chat) - Adster, Oct 2, 14:54:56
    - all those great zero hours contracts and forced self employment is brillo (n/m) (General Chat) - Jumbo1, Oct 2, 14:11:48
      - 2.8% of the employed are on a zero hours contract. Not that material in all fairness (General Chat) - Tony Martin, Oct 2, 16:46:52
  - Probably because if Comrade Corbyn was running the economy we would be bankrupt (n/m) (General Chat) - Basingstoke_Canary, Oct 2, 13:54:37
    - The ideological opposition to public housing by the Tories (General Chat) - MaxsHandler, Oct 2, 18:15:01
    - What you mean like this Tory govt has achieved? Have yo seen the (General Chat) - Chopper, Oct 2, 13:56:55
      - Sigh! Dont believe Momentum propaganda. Horrid Tories reduced from 10% of GDP to 2.5% (General Chat) - Basingstoke_Canary, Oct 2, 14:06:52
        
        What sheer and utterr crap. (n/m) (General Chat) - DrDublin, Oct 2, 14:24:00
        
        Sorry DR Momentum crap yes. Did you ahve a proper point to make (n/m) (General Chat) - Basingstoke_Canary, Oct 2, 14:29:11
        
        lolf (General Chat) - Ralf Scrampton, Oct 2, 14:28:32
        
        So Ralf apart from schoolyard comments do you have an intelligent one to make? (General Chat) - Basingstoke_Canary, Oct 2, 14:32:15
        
        your post has made it abundently clear that you're not interested in either proper (General Chat) - Ralf Scrampton, Oct 2, 14:48:15
        
        You dont surprise me at all. (n/m) (General Chat) - Basingstoke_Canary, Oct 2, 14:55:29
- It really is so obvious (General Chat) - Old Git, Oct 2, 13:10:34
  - It is totally obvious. Economics 101. (General Chat) - Under soil heating, Oct 2, 13:55:20
    - it's Politics 101 (General Chat) - CWC, Oct 2, 14:20:58
      - I pay £475 for a bedsit. Good Kitchen though but a bedsit on Rosary Road... (General Chat) - DrDublin, Oct 2, 14:27:59
    - number 2 mostly is my guess. (General Chat) - Ralf Scrampton, Oct 2, 14:15:55
  - London borough of Barnet (General Chat) - camcan, Oct 2, 13:41:53

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