Crippling taxes have stalled house builds
Ridiculous 'Rolls-Royce' rules on new homes are crucifying first-time buyers, writes Brendan Burgess
Published 03/04/2016 | 02:30
Have we learnt nothing at all from our recent history?
We are still dealing with the wreckage from the housing and credit bubble and crash. More than 70,000 mortgage-holders are still in arrears despite the recovery in the economy and earnings.
Politicians and commentators are excoriating the banks for reckless lending during the boom while in the same breath they are criticising the Central Bank for setting responsible borrower standards for first-time buyers.