"We need to look at the bigger picture. People are struggling in this country to make ends mean because of austerity measures and cuts that affect the poorest and most vulnerable members of society. Meanwhile, there are houses for sale in London for £50M. We're one of the richest countries in the world. We could easily help everyone who needs it (british citizens/migrants/refugees/people) but we have our priorities wrong. It makes me despair for humanity really. What is wrong with us?"
Maybe you are looking at the distorted ‘picture’ you want to see?
Apparently there isn’t much wrong with us based on all those global rich or poor who want to live here – and just think how many more people in the Eurozone are struggling with TWICE our unemployment rate.
When a UK increases annual government spending by over 50% from 20001 on a an unreformed fat State on the tax proceeds of a financial bubble, and when the bubble bursts our government is overspending in 2010 by £153 billion a year, cutting it back is not austerity, its cutting our national financial cloth back to where it was pre financial bubble.
Homes for sale for £50 million anywhere in the world isn’t an issue other than for the jealous, as doesn’t negatively affect anyone, other than the tax receipts from Stamp Tax etc.
Why do people keep saying that we are one of the richest countries in the world, does our £2.7 trillion of National Debt and unfunded national pension liabilities not count in your world, and the fact its taken us 5-years to get our annual government overspend down to where socialist France had theirs in 2010, shows just how bad it was – the largest overspend in Europe and in our peace time history.
As the 5th largest economy, but hold around the 17th largest gold reserves in the world, thanks to socialism selling the family silver to finance their fat bloated State, we can’t even flog gold to build homes.