Property is the most expensive money sink in your life you will ever own, and if it’s increases in value were ever placed into the basket of goods that are used to calculate inflation, sensible really since its the highest cost involved in existing in the uk ? you can be assured that we would have had raging inflation rates over the last 40 years, of course now that the economy is shrinking and there relatively is no real economic output occurring, as we all can easily identify, that most people over the last twenty years can attribute their improved economic circumstances to property price increase in the sick game of monopoly that this country is. But of course now that in reality consumer product price inflation is increasing the government is trying to protect property prices by keeping the base interest rate artificially low so that mortgage interest rates can be kept low > Ok this protects the single home owner but at the same time this totally protects the evil doers of the buy to let market, and property investor class who were determined to corner the market on property, and were desperate not to take on board the possible risk of vast negative equity when the mortgage rates go up on all their property they cant afford to pay because they dont earn or contribute money to the economy except from rents ?
Sickly those in power are the property owning class and as such they have got the property speculators back, And those who do not own a home beleive this cannot be allowed to stand, as in reality this practice is creating hardcore division between the property owning class and the non house owning class, as the houseowners have tried to solidify their wealth situation against all comers. what I call the withdrawing the ladder effect through increased property price to the point whereby large sections of the population cant get into owning their own home, and the governments further aid to the property owners has been to increase the population through immigration, keeping pressure on property demand to shore it up even further. Basically because they know that most peoples wealth and standard of living increase over the last 35 years has mainly been founded on property price increase. And further up the age ladder (38 soon to be 40) we push the non claiming native classes from owning their first home and thereby having children, were almost pushing women into the menopause before they create their first home! further diminishing the prospects of the native young in their own land from survival, all so that some property speculator keeps his empire !
Basically you can perceive property value increase as the only real and largely quantifiable increase in economic output in the last 20 years, and worse, often property price increase has been massively mortgaged and leveraged against to fund any other growth in the economy, if you disregard the false money market scenario we now know is mainly founded on hocum and bullshit, which a filter feeding parasitic class used as tools to tax any genuinely earn’t economic increase occurring in the economy, and the governments increase in spending, well that was all founded on debt and fortunate economic circumstances the incoming labour government found themselves in. now totally unsustainable and sadly seeming to be unreign-in-able.
The net result of this property owning class protection racket, is increased inflation to steal value from the people who have earn’t some genuine money from the economy through labour and thereby created some savings toward buying a house in the bank, which government endorsed inflation will now eat away, at your deposit in order to shore up profligate parts of the economy, and an overinflated housing market, welcome to the government endorsed mugging of the non claiming, tax paying, non house owning class, that passes for an economy in britain.