Devalue total UK Housing stock by up to 30%

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Petition Action

Devalue total UK Housing stock by up to 30%

Additional Information

Govt. to reduce ALL UK housing stock by 30%, thus reducing our mortgages.
Banks to reduce our mortgages by the same amount, and Govt to pay the Banks the difference.
Result=Everyone gets an instant payrise and more money would be available to spend in the economy overnight.
Banks would have capital to lend to small business.
Easy solution to the current issue of no-one having any money

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