Submitted on Thursday 27th October 2011
Published on Monday 31st October 2011
Current status: Closed
Closed: Tuesday 31st January 2012
Signatures: 1
Tagged with
Economy ~ Money ~ UK ~ UK economy
Devalue total UK Mortgage & Housing Valuations by up to 30%
Reduce all of UKs Mortgages and Property valuations by same % rate up to 30%.
Govt to pay the banks the %, thus giving banks money to loan to small business.
also as a direct result, overnight everyone in the UK who has a mortgage would have up to 30% freed up capital to spend in the UK economy.
This may be applied to rents as well to make it fair for all.
Instant solution that could be implemented very quickly.
Oil in the gears of a very stuck economy.
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3.16.82.195 Thu, 14 Nov 2024 17:48:55 +0000
