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Dunno if anyone else heard it, on the Nicky Campbell show at 9:17am today they were discussing the new benefit system and one phone-in chap said he blamed the public greed. Something along the lines of "well, it's people being greedy .. pushing up house prices.. I don't mind being paid a minimum wage if I can afford to live somewhere, but I can't even afford to rent somewhere on that wage, and that's as a single man.. if I had kids I don't know what I'd do"

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Dunno if anyone else heard it, on the Nicky Campbell show at 9:17am today they were discussing the new benefit system and one phone-in chap said he blamed the public greed. Something along the lines of "well, it's people being greedy .. pushing up house prices.. I don't mind being paid a minimum wage if I can afford to live somewhere, but I can't even afford to rent somewhere on that wage, and that's as a single man.. if I had kids I don't know what I'd do"

Aside from my personal views on the cheek of his comments, it's actually the benefits combined with government taxation and monetary policy that are elevating house prices. In fact, the entire economy is on benefits, it's just that people don't see it yet.

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Aside from my personal views on the cheek of his comments, it's actually the benefits combined with government taxation and monetary policy that are elevating house prices. In fact, the entire economy is on benefits, it's just that people don't see it yet.

I heard this and I don't think he was on benefits, IIRC, it was a rhetorical question about whether he could afford a min wage job if he became unemployed. His point was that we would all be better off without the House bubble, in that a low wage job wouldn't be a problem if houses were cheaper.

He sounded like a secret HPC mole to me.

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Aside from my personal views on the cheek of his comments, it's actually the benefits combined with government taxation and monetary policy that are elevating house prices. In fact, the entire economy is on benefits, it's just that people don't see it yet.

+1 Lets take away ALL state subsidy, and see what happens.

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  • 415 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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