Mudcat Café message #3661873 The Mudcat Café TM
Thread #155459   Message #3661873
Posted By: Musket
19-Sep-14 - 12:06 PM
Thread Name: BS: scottish independence
Subject: RE: BS: scottish independence
Now we seem to be getting silly.

Aye, more people rent in Germany but companies are more likely to own their premises. Result? Err overall similar to here in terms of fiscal impact on society. Germany has many reasons for not being as deep in recession as we were and had reasons for not recovering as fast as we did. If you are poor in Germany, you are as cynical about recovery as you are here.

Owning was far cheaper than renting in much of The UK in Th*tcher's day and to say aspirations of owning your own home are playing to her tune, well that's insulting to a very creditable aim that if you are in a position to, do so. Sustainable low interest rates fuel property inflation and in her day, interest rates were sky high, although it took the Major years to really make mortgages untenable.

She may have been a bitch but she encouraged ownership, she didn't force it. If her approach was part of the problem, go to Dundee and ask yourself why it isn't a utopia...