George Osborne gambles on property

George Osbornes 'Help to Buy Scheme' could well be a sign of the Government's desperation.

The Telegraph reports on some heavy criticism coming in from Economists.

I have to agree. The property market was used by New Labour as a way of levering out some kind of growth in the economy during Blairs reign, and despite their best efforts, it seems politically George has realised that he has no other option, but to do the same.

The unfortunate inevitability that this house of cards is going to fall down at some point, is rather frightening. But for our political leaders whose only true ambition is to get in power every four years, it's something they are prepared to risk.

Long-term views are not something the political elite can afford to hold, but it is something landlords should be focused upon. Be ready for the storm, that will no doubt hit. Whether it be a year, or four, or ten - one thing is certain, it will come, and it will blow the house down.

More info - Savills predictions of the results of Help to Buy

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