Thursday 15 May 2008

The government votes on the property owl survey

I like the Dad's army theme and to continue in such spirit, Captain Mainwaring spoke yesterday to try and put his finger in the proverbial dyke.

As reported in the Economist, Gordon Brown outlined his legislative programme for next year. His solution, more steps to be taken to help first-time buyers.

Unfortunately, Pike's mother (Caroline Flint, the housing minister) had on the previous day revealed the government's private fears about a faltering housing market namely a warning of “sizeable falls in prices later this year—at best down 5-10% year-on-year.”

Anyway, I suspect Pike's mum was looking at our survey and saw the wise money was on a decline of 5-10%.

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