26 Jun 2014 Housing and government policy - The loan arranger

WANDERING back from lunch down New Bond Street involves my passing dozens of shops with designer brands and shiny jewellery. Even as a middle class professional, I could never afford to buy anything. But no one would suggest it is up to the government (or the central bank) to make it possible for me to do so, especially by offering me cheap loans (bling bonds, perhaps)...