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Because when you have generations whose limited thinking is “invest in property,” that’s all they cling to, refusing to accept just how fucking wrong they were.
by JSDevOps 2y ago
Because when you have generations whose limited thinking is “invest in property,” that’s all they cling to, refusing to accept just how fucking wrong they were. Now they’re sitting on damp houses that are falling to bits, demanding top dollar and refusing to take a penny less because, guess what, “invest in property” is all they have left. No savings. No other assets. No thought of starting a business. They’re just waiting for that big payday in the sky.
So, the housing market is fucked. It’s so out of proportion, it’s unreal. It needs a reset so younger generations can actually afford to live where they want to—whether that’s for family ties, work prospects, or whatever. Now you’ve got self-identifying middle classes who are one month away from the street due to artificially inflated property prices and rising mortgage rates. Like someone said, Britain is failing on every metric at the moment. It’s not solely the government’s fault; people need to look closer to home, pardon the pun.
You’ve got wannabe property developers who can’t even afford their own homes but go around telling everyone to invest in property, parroting that nonsense everywhere they go, dreaming of the day they become property millionaires. They’re just deluded.