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Moving on.

Re Art's suggestion of a cap on house-prices, who exactly would this benefit?

Anyone wanting to buy a house........but not anyone needing to sell one to fund a deposit. So, let's say first-time buyers would be the beneficiaries.

So who would be penalised?

Anyone with an existing mortgage
Anyone wanting to sell a house (e.g. to fund a retirement)
The building trade (construction, trades and peripheral industries such as real-estate and law)
Tax revenues (which will self-evidently reduce if these industries have a down-turn)
Welfare State (greater burden if there are redundancies in the above industries)

Isn't the idea lunacy regardless?

[QUOTE="Grasshopper, post: 2518903, member: 65342"] Moving on. Re Art's suggestion of a cap on house-prices, who exactly would this benefit? Anyone wanting to buy a house........but not anyone needing to sell one to fund a deposit. So, let's say first-time buyers would be the beneficiaries. So who would be penalised? Anyone with an existing mortgage Anyone wanting to sell a house (e.g. to fund a retirement) The building trade (construction, trades and peripheral industries such as real-estate and law) Tax revenues (which will self-evidently reduce if these industries have a down-turn) Welfare State (greater burden if there are redundancies in the above industries) Isn't the idea lunacy regardless? [/QUOTE]

Verification: 5 + 3 = ?