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It entirely depends on your perspective. I think the article is relatively balanced on either side, both stating the positives and negatives for the property ma
by tajd 9y ago
It entirely depends on your perspective. I think the article is relatively balanced on either side, both stating the positives and negatives for the property market failing and also making tongue in cheek remarks about Londoners.
Personally I think the state stealing property is not a good thing, however, this could be a good thing if you take the opposing view.
- FridgeSeal 9y agoWhilst attempting to seem like they're presenting both sides of the argument they do misrepresent what Corbyn says: he's never says or implies that the state will steal the property, he says houses/apartments/etc that are kept vacant would be bought and turned over to residents who need the accommodation. I don't think it's particularly partisan to say that's not a bad thing, in my experience when the government buys something off citizens they usually do it for a very good price, so it's not like it will be taken from them with no notice and no recourse.
- benmmurphy 9y agoif the government enters the property market buying property at market prices it will have the opposite effect and raise prices. i could only see it lowering prices if they 'steal' property by forcing sales lower than the market price.
- tajd 9y agoAh, I have not kept myself well informed enough. Thanks for clarifying!