Fair argument, but in principle lots of taxation is about redistributing wealth to those who need it, and it doesn’t have to result in debt for future generations.
Fair argument, but in principle lots of taxation is about redistributing wealth to those who need it, and it doesn’t have to result in debt for future generations.
I’m not saying you’re in any way wrong, but for my own understanding, are schemes to help people onto the housing market not effectively the same thing, while still retaining value for those who expect to do things like funding retirements with their existing properties?
That makes sense. The cost of housing is rising faster than pretty much anything else, so it’s inevitable that any well intentioned scheme to help first time buyers will ultimately become completely unaffordable unless something else changes. Thanks! Such schemes exist in my country, so I’m curious now to look up some of the reasoning behind those schemes and see how they argue around or attempt to compensate for this.