Government promises to get people into debt, and onto the housing ladder


In an effort to maintain the still incredibly high prices of properties across the UK, and avoid two-for-one offers appearing that would cost less than a bag of chips, the government is to promise first-time buyers in England what are being described as “free” loans up to 30% of the price of new-build houses and flats, in an effort to reinvigorate the housing market and prevent people reaching the conclusion that they were really, really stupid to see their homes as their pension funds in the first place.

This is a preview only. Click here to read the full article.
Tuesday, September 2nd, 2008

tags: , , , , , ,