Registered: Apr 2012
08-17-12 11:05 PM
Quote from morganist:
This is true about ten percent of the perperties in the UK are empty. The government is using the property market to keep the poor poor. The thing that pisses me off is that it is done at the expense of people living on the street. The government makes no effort to resolve it. They just act on what the majority of voters want.
This makes me think that the majority of people here as horrible and makes me want to leave.
i dont think voters matter. business is dictating government. largest beneficiaries are banks as they get full interest payment from balloned mortgages.
in au, 80+% of people are in debt for house and have no other assets. average mortgage is 50%. Government keeps prices inflated at double what they should be. So, in reality NAV of average person is ZERO. All the money goes to businesses that control government.