Nick Clegg answers UK “House Price Crash” question

Broadcast live on the BBC News channel on Monday 3rd May at 18:40 (0:00 – 3:14). The questioner’s points covered: – the astronomically high UK house prices that are preventing young people and families from owning their own homes – his dismissal that it is a supply-side (housing shortage) problem – his dissatisfaction with the answers given by all party leaders to the question posed (by the wife of the Chartered Accountant) in the final Priministrial Debate held on Thursday 29th April 2010 – a link between Gordon Brown’s raid on private pensions and the resulting decade-long “investment” in UK property – a link between risky bank lending, property speculation and the resulting financial crisis You’ll notice an off-camera “kill” signal was given right at the moment Nick Clegg was about to respond. I’ll leave that with you to ponder.
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