To think the housing boom has falsely made the U.K. think it was rich

[Upthebracket22]

The U.K. manufactures very little these days - we import a lot of things. Brexit really has caused a lot of export issues to Europe (which was our closest large market) for many businesses. I know people are talking about Ukraine a lot at the moment but actually it’s brexit that has also done a huge amount of economic damage.

A lot of the money rolling around in recent years has been created by the housing boom- people getting building work done, using the equity in their houses to buy cars & holidays etc. Everyone felt wealthy.

The cheap money is coming to an end and so people don’t feel so rich. It’s more expensive to borrow money accross eve board.

It really feels like the U.K. is going through such a shift - hopefully we’ll come out the other side but it feels bleak at the moment.

And yes I do blame the tories for a lot of this but Blair also as he started a lot of it too. And it was the 2008 financial crash that caused the low emergency rates we have been on too. Obviously brexit is Camerons fault.

I just don’t think basing a lot of your economic model on rising house prices has been a good thing!

YANBU.

It makes me rage on here when posters seem
to expect the absolute earth in terms of free government ‘support’, all of it at a 5 and timely standard, yet overlook the fact most of us are not* net contributors in fact we cost the country money.

There is a belief on here that everything in life should be cheap or free if people just say ‘mental health issues’ or ‘vulnerable’, no further questions asked. That anybody should be entitled to pretty much anything if they just say it’s a ‘need’. That your life decisions should be financed by others, whether that’s popping out a baby with no means of paying for it, or living an unhealthy lifestyle resulting expensive in diabetes and heart meds.

It’s quite frankly fairy land, but say that and you’ll be called ‘right wing’ or have a thrown at you 🤷🏼‍♀️

5* that should say.

@Moonicorn You are not wrong.

The research Madelinemummy posted showed that immigration increases waiting times in deprived areas and areas that native population is shifted to which is exactly what I meant. Did you read past the first sentence?