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Monday, 21 November 2011

Mad Hatters House Party.

The idiot pair Cameron and Clegg have decided to "unstick the housing market" by using taxpayers money to guarantee mortgages.

The policy in simple terms is to take money from the taxpayer who cant afford it and give it to people who cant afford to find a deposit in order to help them buy a house they cant afford.

Surely a better way would be to encourage people to save for the deposit themselves so they could get a mortgage without taxpayers money.If these people cannot afford to put an amount aside from their earnings each month to build up a deposit how on earth are they going to afford the repayments on the mortgage.Well actually they wont so the property will be reposessed and rather than the lender taking the hit it will be the good old taxpayer losing out yet again.

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