You certainly can’t begrudge people for playing the game (especially when encouraged by successive governments) but yeah the rules should change. Investing is good but there are other, economically and socially productive ways to use spare money aside from property speculation. Crowd-sourced business loans seem like a great way to have some direct impact there.
Regarding rent rises, that has a certain amount of logic to it but probably only possible due to limited supply. It all seems a bit ‘oh everyone else is so I should too’. If you want market returns, put your money in the market.
You certainly can’t begrudge people for playing the game (especially when encouraged by successive governments) but yeah the rules should change. Investing is good but there are other, economically and socially productive ways to use spare money aside from property speculation. Crowd-sourced business loans seem like a great way to have some direct impact there.
Regarding rent rises, that has a certain amount of logic to it but probably only possible due to limited supply. It all seems a bit ‘oh everyone else is so I should too’. If you want market returns, put your money in the market.