Thursday 12 July 2007

Round The Houses

Housing is now at the top of the political agenda, and not before time. Thanks and congratulations should be addressed to the man who brought this about, and who can now reasonably claim to be one of the most influential politicians in Britain: CruddasJ@parliament.uk.

However, there is still whingeing about falling house prices. Why? The explosion in house prices means that most younger middle or upper-working-class people stand no chance, if things stay as they are, 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.

No comments:

Post a Comment