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You’re not wrong, but I would hope that by the time we work ourselves into a situation where there is no unskilled labour within commuting distance of where the
by PebblesHD 5y ago
You’re not wrong, but I would hope that by the time we work ourselves into a situation where there is no unskilled labour within commuting distance of where the work is, the government might finally realise that lack of workers is bad for business, which seems to be the main concern. I’m still wondering if we will reach a point where normal people don’t have any disposable money to spend in shops because it’s all going to landlords and utilities/basics, and if at that point they might go ‘oh wait that’s bad’
- killtimeatwork 5y agoI can't really see politicians allowing the inflated housing market to deflate. So many people will lose years/decades worth of saving this way - that would mean a lot of angry voters, not to mention another potential banking crash, as mortgages would no longer be backed by houses of enough value. I think high housing prices in developed world are going to stay with us for a long time.