Housing Bubble Seen As Non-Productive
An editorial in the News & Star challenges the public view of housing in the UK. "As the former features editor of the then leading home improvements magazine Practical Householder, I have a sense of guilt at having contributed in the 1970s to an anti-social trend which has led homes to be seen as profit centres."
"I believe that the drive to invest in totally non-productive bricks and mortar will eventually bring to its knees the economy of Cumbria and the UK."
"I strongly resent the use of my TV licence fee to drive the process on through BBC programmes such as Trading Up and A Place in the Country, with prices in the latter usually from a quarter-of-a-million pounds upwards."
"If Tony Blair is serious about reforming our public services, he could begin by reminding the BBC that its purpose is not to promote the interests of estate agents and speculators."