The things they say - No 1. Gordon Brown
From his first budget comes this pearl from Gordon Brown;
I will not allow house prices to get out of control and put at risk the sustainability of the recovery.
Funny how in terms of average earnings, house prices are now six times higher as opposed to three and a half times higher in 1997. Along with tuition fees (I wonder if they will increase in the next Parliament) this goes some way to explaining why the average age of first time buyers is going up and up!
And strangely, Prime Minister Brown says he is going to to do something about the problems people face in getting on to the housing ladder. Well Gordon, don't expect applause. You had ten years to do something as Chancellor. Or did that Blair chap keep getting in the way?
Labels: Economy, Gordon Brown

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