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"Strict rules on mortgage lending could be loosened"

Yes, I can't think of anything that could possibly go wrong with that.

#2008FinancialCrisis

And even if it doesn't lead to financial meltdown, it will surely have the effect of inflating house prices.

How does that help first-time buyers?

https://www.bbc.co.uk/news/articles/cdryy33v13ko

#Housing #Mortgages

Mortgage rules could be eased to boost lending

The £100 limit on contactless cards could also be scrapped, as regulators respond to the prime minister's plea.
Kevin Peachey (BBC News)
#housing #mortgages #2008financialcrisis
JimmyB (he/him)
The utter stupidity of trying to get the economy moving through increased house prices, which is what we are talking about here, while we have a housing crisis overshadowed by insane levels of poverty.

That's definitely what a Labour government looks like. Oh yes.
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