» Monday, May 23, 2005

Housing

Asked whether the Prime Minister thought it was a good time to put taxpayers money into the property market the PMOS said that the Prime Minister was many thing but he was not a mortgage adviser. The Prime Minister believed, as he had said many times, that it was right that we did everything we could to encourage people to get their first homes. For details of what the Chancellor said people should speak to the Treasury.

Briefing took place at 11:00 | Search for related news

3 Comments »

  1. Why doesn’t the chancellor just introduce a tax on second homes (and third, fourth etc)? That would soon free up the unused and partially used stock of housing in this country, increase supply and drop housing prices so that people could afford to buy houses without Government help.

    Comment by Uncarved Block — 23 May 2005 on 7:56 pm | Link
  2. Good idea.

    Pity it won’t happen. Many MPs are a huge beneficiaries from the two + homes expenses scheme. I vaguely recall one MP was said to rent out his union flat, own a house and live in a grace-and-favour to boot. Perhaps I imagined that?

    Comment by Mr Pooter — 24 May 2005 on 8:34 am | Link
  3. I thought that was ALL MPs…..

    Comment by PapaLazzzaru — 24 May 2005 on 10:53 am | Link

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