If the rather high house prices aren't at least sustained, think of all those millions of people who would sink into negative equity, and the pressure of their other stupid borrowings against their 'house price'. That wouldn't help growth at a time when we need it most.
How did we get into this situation? (rhetorical)
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Reply to: Government top priority
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Previously on "Government top priority"
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Government top priority
I bet you think it's keeping house prices artificiality high, as usual, eh, you cynic.
Well it turns out you are spot on:
This autumn our priority is to get the housing market going and to get infrastructure underway.
BBC News - Eurozone crisis: Osborne warns of impact on UK jobs
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