15 November 2010

Owning your own home

The myth of the advantages of home ownership, like all good myths, has an element of truth in it. It is an advantage to own your place of dwelling.

The problem arises not so much because people in Britain are daft and plagued with a false consciousness on the issue, but because political power has rigged things so people have an interest in buying their home on mortgages, whether they can afford to do so or not.

A nation is debt is a servile one.

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