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I come back to this question, because it hasn't been dealt with. All Grasshopper and clivex have come up with by way of an answer is that imposing price controls would be a disaster becasue fat people would be in charge. But that's answering a question that wasn't asked. I never suggested the price of houses should be capped, you won't find any such statement in anything I've said.

Let's try putting it another way. Why do you think it would be a good thing for houses to continue indefinitely appreciating in value, and how fast a rate of appreciation would you suppose is sustainable? Might there, even conceivably, come a point in your eyes when prices were too high?

<blockquote data-quote="Grey" data-source="post: 2518976" data-attributes="member: 65112">I come back to this question, because it hasn&#039;t been dealt with. All Grasshopper and clivex have come up with by way of an answer is that imposing price controls would be a disaster becasue fat people would be in charge. But that&#039;s answering a question that wasn&#039;t asked. I never suggested the price of houses should be capped, you won&#039;t find any such statement in anything I&#039;ve said.Let&#039;s try putting it another way. Why do you think it would be a good thing for houses to continue indefinitely appreciating in value, and how fast a rate of appreciation would you suppose is sustainable? Might there, even conceivably, come a point in your eyes when prices were too high?</blockquote>

[QUOTE="Grey, post: 2518976, member: 65112"] [COLOR=#333333] I come back to this question, because it hasn't been dealt with. All Grasshopper and clivex have come up with by way of an answer is that imposing price controls would be a disaster becasue fat people would be in charge. But that's answering a question that wasn't asked. I never suggested the price of houses should be capped, you won't find any such statement in anything I've said. Let's try putting it another way. Why do you think it would be a good thing for houses to continue indefinitely appreciating in value, and how fast a rate of appreciation would you suppose is sustainable? Might there, even conceivably, come a point in your eyes when prices were too high? [/COLOR] [/QUOTE]

Verification: 5 + 3 = ?