3 ms·

That just ended up jacking up every property by 20k to give more profit to developers who were complaining. Completely short-sighted.

• refurb 8y ago
  Indeed. Canada does the same. “Let’s make it easier for people to buy a home!”, “Oh wow! Home prices have really gone up, let’s make it even easier!”, repeat.
• cjrp 8y ago
  Ditto in England, hence housing developers like Persimmon making ~£!b in profit (pre-tax, I believe) last year.