What Mark Carney's measures mean for ...

What Mark Carney's measures mean for London house prices

There are 4 comments on the MoneyWeek story from Jun 26, 2014, titled What Mark Carney's measures mean for London house prices. In it, MoneyWeek reports that:

London property prices are at insane levels. It's something we've covered in depth .

Join the discussion below, or Read more at MoneyWeek.

Since: Jan 13

Location hidden

#1 Jun 27, 2014
The housing markets will go down in time, left to themselves.... just like any market really.
All these 'measures' actually do is force and create an issue which results in less affordable housing long-run. Restricting banks lending means less profit for them which knocks on to the general populus economy and restricts mortgages ....if people want higher than income loans let them have them.... some will fail of course, but others will have their house... and at least they will all have that opportunity to buy to begin with, whereas if restricted some who would than own a propery have been denyed that.
All this panic there is everytime about property prices.... can't help but wonder if some of that comes from those with vested interests in private landlording

United States

#2 Jun 27, 2014
This is BS. Let the banks and mortgage companies lend to who they wish.
Forcing banks and mortgage companies to lend to people who couldn't get a conventional loans is what got us into this mess. Owning a home is not an entitlement.
Banks and mortgage companies were forcably encouraged to be "creative" in their lending programs for those who would be classified as subpar or high risk lenders. Fannie Mae and Freddie Mac (Government loan guarantee) said they had the banks and mortgage companies backs.
Certain politicians in Washington saw what was coming and tried to warn but BARNEY FRANK said they were evil and didn't want poor people to own homes.
Finally it all fell apart and the banks and mortgage companies were left holding the stick, they were demonized for having these "creative" lending programs that the government encouraged and signed off on, yet the government kept on "The banks and Mortgage Companies are EVIL" yet with just a tint bit of research you can easily see who is to blame for the housing market fiasco.
Barney Frank and like minded politicians are to blame.
Repeat after me....Barney Frank is to blame.
Look for yourselves.
Owning a home ois NOT an entitlement.


#3 Jun 28, 2014
Mark Carney has lyttle penas his skared to sheet withouts parmishon from tha Jews ..
Anna Selezneva

London, UK

#4 Jun 28, 2014
Carney is no jew. He's honest and straight who puts the peoples concerns above that of the profits of a few. So far I think he's being doing brilliantly in getting rid of the cobwebs and shows concern for the economy of the north and not just the bankers of London. An excellent communicator too.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Personal Finance Discussions

Title Updated Last By Comments
News If Donald Trump Was President, Here's What Woul... (Oct '15) 1 hr Chilli J 16,244
News Government shutdown: What would close; would yo... 22 hr Fake Dem Legislators 1
News Toronto proposes 10 per cent cap on business-ta... Fri Tory must GO 1
News Small-business resources Fri NOISY FART 5
News Solutions for Americans still struggling to sav... Fri lilian 2
News Home Front: Loan prepayment penalty angers borr... (Jul '08) Fri Blueyss 2
News Social Security is Going Bankrupt Thu NOOPHRA 4
More from around the web