Quote Originally Posted by Herbert Augustus Chapman View Post
Another one of Thatcher's great achievements. To engender a massive collective delusion about property value that has the likes of Monty feeling puzzled that no-one is willing to pay a fortune for his squalid basement flat in Willesden.
It is constantly trumpeted that ever rising property prices are a good thing, generally by the property-portfolio-owning classes who dominate the news agenda. Why unnafordable housing should be such a grand idea is lost on such people. Frankly I could do with a little bit of a crash if I am to afford something with a bit more space.