1) Introduce tight regulation of the lending market for UK property.
2) Introduce punitive tax legislation to prevent foreign buyers/investors from speculating on the UK market.
3) Introduce strict code of practice on estate-agents.
4) Introduce strict code of practice on developers.
5) End council house right-to-buy schemes and build more council housing.
Generally I'm against restrictive legislation but its the only way out of this mess, also it would have to be introduced strategically in order to prevent a speculative bubble such as we saw when the ERM was introduced.
2) Introduce punitive tax legislation to prevent foreign buyers/investors from speculating on the UK market.
3) Introduce strict code of practice on estate-agents.
4) Introduce strict code of practice on developers.
5) End council house right-to-buy schemes and build more council housing.
Generally I'm against restrictive legislation but its the only way out of this mess, also it would have to be introduced strategically in order to prevent a speculative bubble such as we saw when the ERM was introduced.
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