Mason is also an activist for social issues here is his latest articles.
Society must stop using homes as cash cows or so-called investments it is not helping the young or poor. Since the disappearance of long-term industrial jobs replaced by service sector jobs, there has been a colossal increase in property prices and lending from banks.
I will suggest that the ridiculous house prices start to wither then filter down to lower mortgage costs and realistic re-payments interest rates could rise and responsible savers could return, but we lack sustainable home industries & coal mines were conveniently closed even when clean coal technology is available, much else of British industry went abroad taken over by cheaper imports.
If any government is to be responsible then house prices have to come down and there must be different ways to pay for old age care than selling a house to pay for the care . In conclusion Britain has been surviving on the back of property profit for thirty
years plus this only serves to stoke inflation and makes life harder for many thousands of people. So as well as more social homes built let there be cheaper homes to mortgage and sensible deflation, these changes may even lead to unacceptable rents now being charged by private landlords to come down enabling the wages of low paid workers go further and save more.
