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what on earth
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<blockquote data-quote="Exfarmer" data-source="post: 5426072" data-attributes="member: 1951"><p>The big problem this housing stock had not been paid for and there was no provision in place to do so!</p><p>I think the debt owed was 60 Billion which was a huge sum then.</p><p>What is wrong in putting forward policies which people like? Why did the socialists not believe in helping working class people up the ladder. After all I bet there were very few labour MP's at that time who did not own a house, or possibly a few. </p><p>Remember most farmers to have had government assistance buying land, either through the tax system or a subsidy system nominally aimed at food production.</p><p>Some housing stock was better than the private sector but huge amounts were in a shocking state. Much of this admittedly had been inherited from many sources. Remember at that time rents were controlled with many people only paying a few pence per week and there was no chance that private of public sector landlords improving them. </p><p>In fact the selling of Council houses preceded Maggie Thatcher by 30 years, many conservative councils had been doing this, although the various Labour governments had been imposing restrictions on them. The reason for this was obvious, they relied on these huge blocks of inner city votes and did not believe home owners would be so likely to follow a socialist agenda.</p><p>Up till Mrs T there was a great difference across the country as to whether long standing tenants were allowed to purchase, with progressive cities like Birmingham and Manchester encouraging it. </p><p>Maggie had seen that it was a vote winner for inner city areas which in the main the Conservatives struggled with. At first the uptake though was slow and many could see little benefit, many believed the houses would not share in the general house price inflation which had made buying elsewhere although a large burden but something that could seem to bring benefits for the older population.</p><p>Remember although there been sharp spike in houses price inflation in the past mortgage interest rates , the need for a large deposit , being able to prove a regular income, restrictions on Women in particular, meant house purchase had been seen as a largely middle class aspiration not for the working class.</p><p>Maggie made everyone possible to aspire to this.</p></blockquote><p></p>
[QUOTE="Exfarmer, post: 5426072, member: 1951"] The big problem this housing stock had not been paid for and there was no provision in place to do so! I think the debt owed was 60 Billion which was a huge sum then. What is wrong in putting forward policies which people like? Why did the socialists not believe in helping working class people up the ladder. After all I bet there were very few labour MP's at that time who did not own a house, or possibly a few. Remember most farmers to have had government assistance buying land, either through the tax system or a subsidy system nominally aimed at food production. Some housing stock was better than the private sector but huge amounts were in a shocking state. Much of this admittedly had been inherited from many sources. Remember at that time rents were controlled with many people only paying a few pence per week and there was no chance that private of public sector landlords improving them. In fact the selling of Council houses preceded Maggie Thatcher by 30 years, many conservative councils had been doing this, although the various Labour governments had been imposing restrictions on them. The reason for this was obvious, they relied on these huge blocks of inner city votes and did not believe home owners would be so likely to follow a socialist agenda. Up till Mrs T there was a great difference across the country as to whether long standing tenants were allowed to purchase, with progressive cities like Birmingham and Manchester encouraging it. Maggie had seen that it was a vote winner for inner city areas which in the main the Conservatives struggled with. At first the uptake though was slow and many could see little benefit, many believed the houses would not share in the general house price inflation which had made buying elsewhere although a large burden but something that could seem to bring benefits for the older population. Remember although there been sharp spike in houses price inflation in the past mortgage interest rates , the need for a large deposit , being able to prove a regular income, restrictions on Women in particular, meant house purchase had been seen as a largely middle class aspiration not for the working class. Maggie made everyone possible to aspire to this. [/QUOTE]
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