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Nikrib

Listed below are comments made by Nikrib between Wednesday, 3rd December 2008 and Wednesday, 3rd December 2008.

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Taxpayers' mortgage guarantee 5:57pm on 03 Dec 2008 This is a transfer of risk from homeowners to the taxpayer. This seems wrong. The housing market will wait for a delay in house prices falling - and paralysis will be extended. Why should the taxpayer subsidise these risks - the only answer is that this will delay pain to voters until after the next election. The cost will be to the housing market and to taxpayers - but hey by then who will remember that?

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