The Bunny Bacchus (mr_wombat) wrote,
The Bunny Bacchus

Death and Taxes

A theory is forming in my head that regardless of the opinions of various financial "experts" the only factor that is going to cause a change in house prices in this country is a change in government. Fianna Fail and the PDs are currently heavily funded by the building industry so they're not going to do *anything* to change the status quo (except in their own favour - see abolitions of various first time buyer tax breaks) but I really do see Fine Gael and Labour doing something well intentioned yet ultimately disastrous.
Remind me though, didn't something like this happen in England when Major's government was ousted (following a similar massive series of price rises) and Tony Blair's new labour came onto the scene?
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