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Originally Posted by towny
a base rate of 2% would fuel rampant house price inflation,
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To take this single point, one of the primary reasons we run the risk of massive house price inflation is due to a severe shortage in certain areas of the country. If the government weren`t so twitchy about building on greenfield sites then this problem could be overcome. It is a little simplistic to latch onto a single factor such as interest rates when there are other factors that could be manipulated to counter their effects.