Living Well on a Reduced Income by Cestrian Pimpernel - HTML preview

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House prices

The current con/dem alliance understands one thing. If house prices fall they won’t get re-elected. They will be propped up by very low interest rates and government "help to buy" schemes. So everybody even those who cannot afford a house are subsidising those who can. Great! Another trick is for the government to pretend they are encouraging the building of new houses whilst slyly preventing it through greenbelts etc. It’s how they put a ring through your nose. They restrict something, in this case accommodation, and then charge premium prices for it.

If you have property I wouldn’t worry. You could sell it and put the cash in the bank but it is going to get inflated away as well. In fact if you want to "play the game" sticking with the property you have may be the best option.

I can’t help feeling that this is how the government keep citizens’ on the tread mill. They restrict access to something and then charge for it big time.