........If Rajan is even thinking of this scheme, he is not the man who gave us a rousing free-market speech on 4 September. And he will be ignoring the exact warning he gave America on lower rates being used as a placebo to combat the more fundamental issue of unaffordability. Worse, he will be bailing out builders and realty sharks rather than the man who is struggling to buy a house in pricey urban areas..............
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