He reiterated earlier comments he had made that housing need remained the only criterion in the allocation of social housing.

BBC: Mixed Housing

According to Mr Hoodless, the principle of the allocation of public housing on the basis of need would not change, although it would be carried out by a new body.

BBC: News

At the same time, this exercise in credit allocation (the housing market is getting some help here, too) is depriving small and medium-size businesses of a reliable flow of credit, which, in turn, is having increasingly destructive results on growth, innovation and job creation.

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Same with the over-allocation of capital to housing 2001-2007 which ended in the bubble that got us to this frustrating spot. psperry wants Bernanke to raise short-term interest rates slightly in order to crack oil and gold and food prices so that we can start over from a worse place and lead up to another boom.

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