... asks the Telegraph's finance editor, Ian Cowie, in a piece one would assume was aimed at putting the newspaper's post baby-boom in a sanctimonious rage, were it not appearing on the paper's blog. Pull your neck in, FSA, he says. To the banks: lend up to 100%. To the borrowers: borrow... to 100% of the value of your home and five-times your salary. Oddly, though, he also expects house prices to start falling again when interest rates begin to rise after the election. Presumably, he has a view on employment, too. If he's actually saying, trust the borrowers, they know their limits... isn't the UK awash with evidence to the contrary? Read it, here.

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