We need a debate on what the country is willing to invest and how best that money is spent. individuals, no. Conditions and associated circumstances why not. Proportion of wealth invested, yes. How its best provided, yes.
Of course demand side has a huge impact, i didnt say otherwise. There have been recent attempts to cool the market, eg applying interest rates at 7% to test affordability which has slowed the market down, but i agree mixed messages are sent. I believe though that the problem is solved through...
Thats a good post. We need a more grown up debate about this issue. As i said early spending as a percentage of GDP has doubled since the 1960s (and GDP has grown massively) but its still not enough. An extra few billion here and there will not sort it by itself.
The housing problem is solved by supply. I know many would like to davle with demand side social engineering solutions such as higher tax, rent caps etc but building more is the answer
One of the strongest economic growth rates in the developed world, more people in work, far less unemployed, real wages rising, low inflation, navigated the ravages of one of the worst ecomonic crisis, credit rating AAA matching Germany and bettering France, effecive coalition with people start...