And another...

[mirrorshard]

http://society.guardian.co.uk/communities/news/0,16293,1590463,00.html

The government has pledged to create a million more homeowners in this parliament as part of its promotion of asset-owning as way out state dependency.

Our government appears to be going enthusiastically down the Marie Antoinette route. The problem with poverty is not, I can assure you, a lack of things to buy.

Comments

[mirrorshard.livejournal.com]

There will almost certainly be an attractive range of refinancing deals on offer from the thriving private sector at very reasonable prices.

And after all, the important thing is that you have that asset that you own, right... even if it's both legally and financially encumbered (meaning that you couldn't do anything with it but live in it if you wanted to), almost certainly worth less than your debts amount to, and constantly at risk.

[vashti.livejournal.com]

God, I'm depressed now.