Can the government simply continue this policy with a view to another good result for them in 2020?
Well, this strategy, by its nature, must be temporary as you cannot increase the money supply ad infinitum and you cannot make house prices so expensive that the few new entrants into the market, that there are, cannot afford to pay their way. You can squeeze them and drain them and demand that they be ever more "hard working families", to use one of George Osborne's favourite phrases, but there has to be a limit.
However, if house prices just continue as they are the house owners will want to maintain their advantage and so will be reluctant to risk voting for another party which may take a different view of their concerns.
The danger is a shock which could well arise. Interest rates going up is the obvious one. So what you will see over the next five years is a government and its lackeys at the Bank of England bending over backwards to keep interest rates on the floor.
What about the other parties?
Whatever his virtues, Jeremy Corbyn is definitely unelectable, just as Ed was, although for different reasons. So he won't be Prime Minister.
Whatever the result of the EU election, the issue of European membership will not be a live issue dealing a major blow to UKIP's hopes.
The SNP, following the Scottish referendum, has been shorn of the toxic policy of Scottish independence and so will entrench its position in Scotland shutting out both Labour and Conservatives.
And the LibDems are finished for a generation or more after Nick Clegg, to use Diane Abbot's expression, "trashed their brand".
It is difficult to see where the challenge to the Tories will come from.
Unlike Cameron, who can be a ditherer, Osborne is cold-bloodedly ruthless and we will see this quality displayed towards his party colleagues, as well as his economic policies, as the Tory leadership approaches in 2018 or 2019.
He looks unstoppable for leading his party into the 2020 election
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