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Is there a recession in Great Britan? Yes. The collapse of Manufacturing companies such as Rover, The closure of retail stores such as Index, plus the decline of the corner shop and even town center shopping towards the larger out of town retail places are showing a decline in consumer spending. The housing market is out of control and beginning to detach itself from the demands of the population.
What will happen when key workers such as Teachers, Nurses and Police cannot afford housing? In London and the south this has already began to happen.
If able to get on the housing ladder because of spiraling credit and student debts requires smaller moyou look at the housing market as selling a product, then the products being offered are not what the consumer demands, the break up of family units with the increasing divorce rate, young people unre affordable housing, yet what is being built and offered are larger 3 and 4 bedroom executive homes for people to move up the housing ladder. And in this current climate what executive job is safe? Theres no such thing as a job for life.
There is a split now between urban and rural, The jobs that pay well are in the cities but people want to live in the countryside because of the supposed better standard of living normally defined as a lower crime rate. People now travel sometimes hundreds of miles to and from work day, burning gallons of petrochemicals a week and cutting great swathes out of their free time because they have to go to where the money is. Leaving the rural areas quiet in the daytime and the urban villages noting more than ghost owns easy pickings for the organsed and opportunist criminals alike, Is this really a better standard of living? Spending less time with our families because one of both parents are chasing the money god. This starts at a pre teen age, a age where children are learning habits for life, The parks are empty but the shopping outlets are full, parents spending money on credit cards so their pare teen children can dress and act like their older counterparts. Just look around you next time you go shopping.
Do these increased pressures of work and modern living have any bearing on the fragmentation of families? The long hours away and tired parents who look forward to their holidays at the expense of day to day quality time with their family. Does this lead to young teens who can't communicate with their parents, who learn their lessons from role models such as Slipknot and fifty cent becoming teenagers who are alienated from the older generation. Teenagers who in that rebellious hormonal way of boys and girls seek surrogate family units in gang culture.
These are the teenagers who in a decade or less will be attempting to get on the housing ladder either through debt riddled education and a job. Or through the supposed shortcut of having a family young. Both will need housing though.
When will this countries preoccupation with owning your own property end? Ever spiraling mortgage costs eat into disposable income. Consumer culture runs on credit nowadays. What happens to a credit heavy society in times of recession ?
Is there a recession? Yes, But we are being kept in the dark about it? |
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