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While there an element of truth in that workers are subsidising pensioners - mainly though paying their entire economic output in rent, your rant about welfare
by midasuni 4y ago
While there an element of truth in that workers are subsidising pensioners - mainly though paying their entire economic output in rent, your rant about welfare is somewhat off.
The lack of housing is the single biggest drain on U.K. economic output, as when demand outstrips supply rents rise to a point that all economic activity is captured by land owners. The only way around that is a land value tax, but that would really hit the wealthy.