Housing Market And HSBC

HSBC has allegedly indicated that it believes the house price drop has ended. This explains the 'reluctance' for all banks to lend any money. Until now. Money provided by the taxpayer to be re-lent... to the taxpayer. Currently, the probability of house buyers becoming more mobile as any property price value increase will grow. The potential profit through a bank's reason for existing is clearly on the increase.

Interest

Lending money at any other time does not make good business sense. The function of the bank is revealed to be only in the money making business. At the expense of its customers and clients. This has always been well known, but is now effectively admitted. Not the provision of financial assistance to those in any 'need' to fund their own money making schemes. This defines the general use of the housing market to 'create' wealth. Winners And Losers. Total illusion. One action for which the government has been praised? Handling the financial crisis. That this Labour government has done something well demonstrates the reason for this one success amongst all the other disasters. The goal is clearly money and redistributing the wealth. And it's very easy to lend money that is not the responsibility of this government, even though technically it is absolutely responsible. Simple and highly cynical.