Tag Archives: property prices

Opinion: Let’s stop pussyfooting over property prices

According to a report published by Shelter this week, if the price of an oven ready chicken had risen as fast as the price of the average house since 1971, it would cost £51.18. House prices simply have to fall if we’re to find any way out of our economic mess and many of those with mortgages are going to have to take a hit. What we need to do is to ensure that the pain is borne by those who can best afford it… and who caused the problem in the first place.

We need to get over our obsession …

Posted in Op-eds | Also tagged | 50 Comments
Advert

Recent Comments

  • Peter Martin
    @ Paul, I accept you are agreeing to an extent. A limited extent. "There are ample legal mechanisms for ensuring that the financial settlement with t...
  • Paul WalterPaul Walter
    Peter: “We shouldn’t tolerate the term “Crown Dependency” being a synonym for “tax haven”.” I don’t know whether you are actually reading my ...
  • David Raw
    I rather thought the 3rd Duke and Duchess of Atholl sold the Isle of Man's feudal and sovereign rights in 1765 for £70,000 via the Isle of Man Purchase Act 176...
  • Roland
    @Peter Martin - I was responding to the curved ? ball Jeff throw out about Motability: If they can't charge VAT then its okay to reclaim the VAT rather than sim...
  • Peter Martin
    @ Simon, "Low earners on the IOM pay tax at 21% compared to – I think – 20% in the UK" I don't know where you get your IOM figure from. It is easy eno...