The whole world is trying to be kept afloat by rising house prices, but this is highly inflationary, thats why this economic experiment will eventually fail.
Have a look at the IT industry by comparison. Every year you can get more services and goods for a lesser price. The people who work in it are also the most flexible work force
Each individual in the world can have IT resources inside their home that rival massive corporations of 20-30 years ago at a fraction of the cost
A politician who endorses policies that support home ownership at ever inflating prices is a lunatic that needs to be committed to an asylum, ultimately this will fail
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- a bit of reflection from the us experience
a bit of reflection from the us experience, page-17
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