Would you have saved the money, and squirrelled it away in an offshore account or would you have been spending it in your local community, paying VAT and into the economy? Surely if people had more money, they'd spend more, gov would collect more tax and inflation would come down :unsure:
What has Tory got to gain from crashing the market? I would have thought they owned a few homes between them. Maybe some dodgy PPE contracts went into paying off their mortgages ahead of this and money in the bank will be worth more with higher rates.
Next year is going to be horrible for a lot...