The Telegraph carried an extraordinary article by George Trefgarne of the Centre for Policy Studies today. It is a shameless, totally London centred, property boom lauding, Osbornomics fest that willingly suspends its disbelief, saying:
If an old fashioned pre-election boom is on the cards, so, presumably, is the risk of a potential bust. But such gloomy thoughts are for the future. In the meantime, let us enjoy the upturn while it lasts.
So there we have it: let's have a boom and hang the consequences so long as the Tories win the next election to have the chance to destroy the last vestiges of community in the UK. That's it in a nutshell as far as I can see.