Do you

-A) buy everyone a house -B) behead a landlord or two -C) summon the prime minister -D) absolutely nothing, but promise to tell you children about it-

  • mark@feddit.uk
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    1 year ago

    Okay, so how many do you need? Let’s concentrate the entire resources of the monarchy on buying houses. The average price of a terraced house or flat is about £250k. So you could maybe buy 120,000 houses. According to shelter there are 271,000 people homeless in the UK, so this might just about work.

    But it hasn’t done anything to address any other social issue, whether education or health inequality, the millions living in poverty, … So undoubtedly in a decade or two, a whole new set of people are now homeless, and there is nothing left to help them.

    Meanwhile swathes of the UK’s land and historic houses are now the private possesion of foreign oligarchs. And all the rental income of the houses and businesses that form the Crown Estates that were sold to raise the money are now going to the global elite instead of mostly going to the UK government, so public spending will have to be cut on an ongoing basis.