I can only hope that these bubbleheads in government take note of the groundswell of opinion.

Cheaper housing is a good thing, and further price falls might tempt buyers back.

Let's hope that how long that takes is dictated by the market, not by ill-concieved inflationary policies.

dave hall, Stafford, UK

For goodness sake please stop interfering, first it was pensions, then it was strangulation by regulation and now we have a bubble which thankfully burst and they want to resuscitate the cadaver!! Maybe I can't afford to see my house value fall but I certainly can't afford to prop the price up.

Evan Owen, Harlech, UK

Although a home owner who bought near the top, I still say let property prices deflate to a more natural level. 6 x salary and 125% mortgages are insane. If economic reflation is needed, look at spending on infrastructure, badly needed anyway, and perhaps better tax breaks to encourage investment.

Neil Murphy, cromer,

The property market is beyond saving, 10 years of "stimulation" from Labour have ensured that much.
I can only assume New Labour want to leave a scorched earth economy to the conservatives. There is no other reason to blow the last few remaining economic cards in this suicidal manner.
Immoral...

Pat, Coromandel, NZ

Why don't we nationalise all banks and get mortgages direct from the government? Would be nice if my hard earned money actually benefited me as a single woman with no kids, no home, no illnesses/disabilities. No? I'll carry on paying tax for it to be squandered bailing out those in debt.

echospeaks, Peterborough,

AD, GB do not care - why? Because the average voter forgets within days the last time they were screwed by a party - any party - that says one thing and does another.

AD needs to take over Barclays or HSBC to do a comparable prop of the market.

Instead he WILL meddle and waste Tax money - again.

Paulo, London,

Darling just doesn't get it. People do not want to buy houses now - they recognise they are too expensive. No amount of lending is going to change that situation. I can quite easily go and buy a house today but I won't because prices will keep falling. THAT is the danger of creating a bubble.

j dickinson, middlesborough,

Banks can't sell mortgage backed securities to the market because the market thinks they're too risky given their low returns. This suggests that mortgage rates and RMBS returns are too low. Instead the government is going to step in as guarantor, transferring all the risk to the taxpayer! Great.

Ted, London, UK

If these mortgage securities are so "high-quality", why won't the banks lend on them? And does the Labour party have any idea what it is actually going to do with them? I suspect they will eventually be sold on at a massive discount to someone who actually knows what they're doing.

Paul, Torrington,

Agree with Simon, York. Blowing more hot air into this balloon will only prolong the agony. Darling KEEP OUT !

Viktor, London, England

So they are going to try and reflate the property bubble with my money,they are deranged.

Mitch, Wolverhampton, England

So to 'stimulate' the market, you have to lend back at 6 x wages and 100% mortgages. That's the only way that people could afford these hyperinflated prices. It's unsustainable at these levels. Don't waste yet more billions on this.
AD, DON'T MEDDLE.

Np, England, UK

This is fraught with danger. Nothing NuLabour has ever engineered can be deemed an unbridled success.
All they ever do is to throw money at any problem that arises, not their money I hasten to add but taxpayers hard earned cash and like across the pond burden the taxpayer for eternity.
CALAMITY!

Mike O Connor, Plymouth,

So I take it Labour don't like young people looking to get on the property ladder, (along with Men and White people). The list just gets longer.

Simon, York, England