【正文】 weamp。ve got the biggest programme of new social housing in a generation。ve reformed our antiquated planning system.
　　The changes were hard amp。ve taken big new steps to protect financial stability, strengthen the new role ofthe Bank of England and pleted the range of tools at their disposal.
　　This addresses the economic problem of how we stop rising house prices leading to anunsustainable rise in household indebtedness, and threatening the wider economy.
　　But it does not address the social problem of how we stop young families being priced out ofthe housing market altogether.
　　That requires a third pillar to our housing strategy, alongside the clear analysis and newfinancial weapons.
　　We need to see a lot more homes being built in Britain.
　　The growing demand for housing has to be met by growing supply.
　　The alternative, as in any market, is that prices will rise so that homes bee unaffordable tomany of our citizens and take up ever more of their ines.
　　Weamp。 as they do in places like Hong Kong.
　　Itamp。d inherited was that no one was looking for broader risks across the economy, inareas like housing.
　　So no one saw the rising debt levels amp。t.
　　Could it in the future? Yes, it could, especially if we donamp。s how.
　　First, we have to be cleareyed about where the risks to economic stability lie today.
　　The risks e when people borrow too much to pay for rising house prices.
　　In excess, that debt can cause serious difficulties for them and the banks who lent to them.
　　And it can cause difficulties for the economy as a whole if an overhang of debt suppressesconsumer spending.
　　Now, today, house prices are still lower in real terms than they were in 20xx amp。 no shortterm fixes.
　　Housing is a long term problem amp。rsquo。rsquo。s housing market.
　　Instead we have the repeated cycle of financial instability driven by high household debt。rsquo。ndash。rsquo。rsquo。rsquo。rsquo。rsquo。 45% of overthecounter derivatives trading。ndash。rsquo。rsquo。pound。ndash。ndash。 to wage a war on enterprise, regulate prices, propose penal taxes,close Britain to business and return to the old ways of borrow and spend.
　　We must win this battle.
　　And go on confronting Britainamp。 and there are many risks to the progress we have made.
　　Abroad, the risks stem from the weak eurozone, unpredictable geopolitics and the slowdownin some emerging markets.
　　At home, our economy is still too unbalanced, so I am the first to say we need to continue ourefforts to boost business investment, exports and housing supply.
　　But the biggest risk es from the tendency in parts of our body politics amp。anchor forthe British economyamp。 with Britain on the brink of an economic crisis amp。此資料由網(wǎng)絡(luò)收集而來(lái)，如有侵權(quán)請(qǐng)告知上傳者立即刪除。ndash。lsquo。 you stuck withus and I thank you.
　　But the task is far from plete。ndash。 I hope it is not my last.
　　For I want to finish the job.
　　Lord Mayor, tonight we are joined by someone attending their first Mansion House dinner.
　　Our Governor of the Bank of England.
　　Mark, we all thank you for the integrity, intelligence and international reach you have broughtto the challenges of the last year.
　　And we look forward to what you have to say.
　　Our 3 new Deputy Governors amp。s work, and at the end of this month AnthonyHabgood will replace David Lees as its Chair.
　　David, thank you for helping steer the Bank through the big reforms of recent years and theappointment of a new Governor.
　　And thank you too to Charlie Bean for the 6 years he has given our nation as Deputy Governor.
　　We are lucky that one of our greatest economists has chosen to dedicate his life to publicservice for so long.
　　The Bank of England now sits back where it belongs, at the heart of our financial system amp。 and today I will announce further changes to build thatresilient economy for all and the strong, petitive financial services that should contributeto it.
　　Lord Mayor, the City of London has emerged from the wreckage of what went so badly wrong,stronger and better regulated, more international and more responsive to the needs ofcustomers here at home.
　　Our fi