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Bill: The National Home loan bank
Details
Submitted by[?]: Freedom Party
Status[?]: defeated
Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: November 4064
Description[?]:
| Nation banks were you an borrow money to puchases a houses. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 08:55:08, July 25, 2016 CET | From | Unionist Alliance Party | To | Debating the The National Home loan bank |
| Message | OOC- Before I do a proper response you know this will not change anything? Like it's an OK idea but will not do anything without proposals. I will do a proper MP response now. |
| Date | 10:06:38, July 25, 2016 CET | From | Unionist Alliance Party | To | Debating the The National Home loan bank |
| Message | Dear Parliament, First I would like to thank the freedom party for raising the issue of house prices. In our nation people are finding it more difficult to buy affordable homes and currently, even now while we negotiate a cabinet that works many citizens feel trapped. Home prices and rent prices sky rocket as our economy is uncertain and real action must be taken. The bill proposed today promises a bank(s) to assist people in house buying. But we will be sadly voting no. There is no details on prices. If it were to operate under a system where say 15% of the house price was loaned to the person and they payed annually 5% of the house price. One third of the price it would take 3 years to pay back plus say 2.5% interest on the total house price we could vote yes. But we fear as a party that upwards of 50% to the entire house would be payed for and feel that due to inflation that this is not the way to go. We will work with other parties, particularly the freedom party on housing. A investigation into prices or a alliance with buyers and builders to negotiate fair terms will be workable. But this could halt the free market and damage peoples chances as they become loan dependent. Yours, Vincent Lee Finance Affairs Spokesperson for the New Democrats |
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Voting
| Vote | Seats | |||||||
| yes | Total Seats: 0 | |||||||
| no |
Total Seats: 663 | |||||||
| abstain | Total Seats: 87 |
| Random fact: Bill descriptions must be in English, or at least include a full English translation. Bill titles may appear in a language that is appropriate to the nation and are not required to be translated into English. |
| Random quote: "I've noticed that everybody that is for abortion has already been born." - Ronald Reagan, quoted in New York Times, 22 September 1980 |