Good old Simon Jenkins.
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.
Subscribe to:
Post Comments (Atom)
Actually my prediction is that as people see their standards of living diminising constantly, along with their social statuses, and when they start to see the past as the good old rather than the bad old days, they'll become much more willing to vote for a strong, reactionary government. Sadly, they'll also be angry and looking for scapegoats.
ReplyDeleteIt won't be any time before the War.
ReplyDelete