Mudcat Café message #3627616 The Mudcat Café TM
Thread #154579   Message #3627616
Posted By: Musket
22-May-14 - 06:19 AM
Thread Name: BS: Whither now England?
Subject: RE: BS: Whither now England?
The housing bubble is something to do with The South East and London.

A friend in North Notts bought a new house in 2003 and paid 310,000 for it. He sold it last month, having spent some money converting an integral garage into a second living room and building a new garage etc, all investment.... For 190,000.

You know, even the ones who see conservative governments as protecting your personal investments wonder what the hell is going on. Let alone those with none.

We are getting the rental generation now, who will never be able to afford to buy a property, or will hover in negative equity for years should they try. How you square that with the government's drive to have old people sell their home to pay for residential care is beyond me. The government will be picking that particular tab up once that generation needs 24/7 care.

I didn't write to any candidates. All candidates feel all voters fit into one particular pigeon hole or other. Something that global communication, education and awareness has given us is a far more sophisticated younger generation or two. Social stereotypes and division don't interest them. Social class is a two way street of have versus have not. Branding at birth, politically and socially is anathema to them.

Interesting times.