Tuesday 8 April 2008

House and Home

So house proces fell last month? Good. The explosion in house prices meant that most younger middle or upper-working-class people stood no chance of living out the middle-aged peak of their powers in properties remotely resembling the ones in which they grew up. "Bricks and mortar" do not, at least ordinarily, constitute an "investment". They constitute a place to live. If we are now being forced back to acknowledging that truth, then about time, too.

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