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precisely. It's complete nonsense.

you are not being glib . It is precisely the same argument

government interventions in functioning free markets is pointless and if you try to control prices across the board or even in certain areas you kill supply as we have seen in the socialist disaster Venezuela

if houses were set a price lower than market value then housebuilders slow down building Isn't that obvious? They would use the land for commercial property or just sit on it as a balance sheet asset waiting for the lunatic policy to be abandoned. Conversions would dry up too

the argument that the government should set the price of my house is absurd . Quite clearly after time I would have an enormous demand when selling but be comoletely hamstrung. Lunacy. Best bidder would be the price plus a bmw the. Wouldn't it?

soem fcking civil servant valuing my house. Fck off

ist been fully explained why houses appreciate in value . As any economist will tell you (rolling his eyes probably) the prices are a reflection of available ability to buy. Allied to the supply Ie cash and credit. The credit is working fine because repossessions are still very low so ability to service the debt is nailed down. And if there is too much credit and repossession the market adjust. As it has in Las Vegas say where tehre was a glut of repossessions but prices are back to where they were

<blockquote data-quote="clivex" data-source="post: 2518836" data-attributes="member: 65326">precisely.&nbsp; It&#039;s complete nonsense. you are not being glib . It is precisely the same argumentgovernment interventions in functioning free markets is pointless&nbsp; and if you try to control prices across the board or even in certain areas you kill supply as we have seen in the socialist disaster Venezuelaif houses were set a price lower than market value then housebuilders slow down building Isn&#039;t that obvious? They would use the land for commercial property or just sit on it as a balance sheet asset waiting for the lunatic policy to be abandoned. Conversions would dry up toothe argument that the government should set the price of my house is absurd . Quite clearly after time I would have an enormous demand when selling but be comoletely hamstrung. Lunacy.&nbsp; Best bidder would be the price plus a bmw the. Wouldn&#039;t it?soem fcking civil servant valuing my house.&nbsp; Fck offist been fully explained why houses appreciate in value . As any economist will tell you (rolling his eyes probably) the prices are a reflection of available ability to buy. Allied to the supply&nbsp; Ie cash and credit. The credit is working fine because repossessions are still very low so ability to service the debt is nailed down. And if there is too much credit and repossession the market adjust.&nbsp; As it has in Las Vegas say where tehre was a glut of repossessions but prices are back to where they were</blockquote>

[QUOTE="clivex, post: 2518836, member: 65326"] precisely. It's complete nonsense. you are not being glib . It is precisely the same argument government interventions in functioning free markets is pointless and if you try to control prices across the board or even in certain areas you kill supply as we have seen in the socialist disaster Venezuela if houses were set a price lower than market value then housebuilders slow down building Isn't that obvious? They would use the land for commercial property or just sit on it as a balance sheet asset waiting for the lunatic policy to be abandoned. Conversions would dry up too the argument that the government should set the price of my house is absurd . Quite clearly after time I would have an enormous demand when selling but be comoletely hamstrung. Lunacy. Best bidder would be the price plus a bmw the. Wouldn't it? soem fcking civil servant valuing my house. Fck off ist been fully explained why houses appreciate in value . As any economist will tell you (rolling his eyes probably) the prices are a reflection of available ability to buy. Allied to the supply Ie cash and credit. The credit is working fine because repossessions are still very low so ability to service the debt is nailed down. And if there is too much credit and repossession the market adjust. As it has in Las Vegas say where tehre was a glut of repossessions but prices are back to where they were [/QUOTE]

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