Thursday, September 22, 2011

House prices can only ever go up etc.

The Dirty Big Secret of the Home Ownership Delusion

Looks at Scotland but in short states - We need an end to the heroic delusions of a property-owning democracy that is based entirely on the 'little platoons' of owner-occupiers.

Posted by neo-serf @ 05:34 PM (1504 views)
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6 thoughts on “House prices can only ever go up etc.

  • They’re insidious little devils, these O/O’s. They actually destroy more than they create. Enough to keep a quantum physicist awake at night. Try and tell them, though. The outcome will always be somebody else’s fault.

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  • The UK isn’t a property-owning democracy, it’s a democracy in which those who own land (and those who think they do, but don’t really) have a working majority of the votes, that’s something quite different, and more or less opposite if you think about it.

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  • True, Mark @ 2, but I think describing what we have as democracy is a little bit misleading. How about “oligarchy where those who really own the land (and not a semi detatched in Reading) also own the food supply chain, the supermarkets, banking and the media and certainly all the politicians permitted to rise to any position of influence in any party likely to govern. Oh, and we have control of that fiat currency thing too.”
    With things thus arranged we scum, potentially the source of their further profit, guided by what we consider to be our own considered views, but usually regurgitating opinions from mainstream media analysis and still bothering to vote, are given a limited range of “democratic” packages of policy (any element of which is subject to complete reversal due to unexpected coningencies) from which we are allowed to freely choose. That is the kind of thing you are referring to when you describe a system which (by some utterly unforseeable combination of circumstance) just happens to repeatedly result in the happy coincidence of those owning the land continuing to have a “working majority” of votes….entirely against the interests of the majority who vote for them, it seems. I completely agree that it is in part explicable by the property owning delusion, but a democratic process?

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  • @3 Spot on, what democracy? It’s just corporatism now, with a veneer of ‘democracy’, MSM selective reporting and other distractions; this looks pretty much like “Bread and Circuses” to me.

    Too many politicians are just in the business of helping their favoured lobby groups with the hope of rewards, often not their voters/suckers, and doing enough to get voted back in!

    I only pay a mortgage on a house because it is cheaper overall than renting and have a little more freedom than a renter.

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  • Clockslinger, that’s a fair summary.

    But we are a democracy, the fact that people vote for things (political parties, tax system etc) because they think they are GOOD for them, even though those things are, as you rightly point out, BAD for them

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  • That last sentence should have ended “… is down to mass brainwashing, i.e. house price rises are good for us, Britain is a crowded island, banks create wealth and pay a lot of tax, the landed gentry are gentlemen and not thieves etc.”

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