Comments by "gerhard7" (@gerhard7323) on "10 Reasons High House Prices BROKE The Economy" video.

  1. It's a deliberate, significant and sustained wealth transfer by the debtmongers and their political lackeys designed to leave ever more younger and poorer people perpetually struggling, their existences perpetually precarious and in perpetual 'highly profitable for some' debt. Asset prices like property keep rising rendering them either unattainable - shades of you will own nothing, but be happy - or only purchasable over increasingly longer (thus again more profitable for the debtmongers) time frames. Meanwhile, the widening wealth gap also quietly helps to push up the price of even the most basic of services like dental or eye care for those who can increasingly least afford them. These are, in fact, chosen political policies masquerading as inevitable economic ones with a suitable BS, if still frustratingly widely accepted, narrative attached to them. Frankly, it's a scandal happening in plain sight.
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  2. Mortgages account for, I believe, around 80% of the new money created in the UK economy each year. They are now, more than ever, integral to the UK economy. Money is debt and mortgages are the economy's turbocharged wellspring. The last thing a UK government wants is enough housing with everyone securely, comfortably and affordably housed. Mortgage lending is the 'engine' of our debt based economy. The 2008 financial crisis proved that.
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