Here's the fun thing- it doesn't! If I remember correctly, the only place you can see that something's going on is if you check foreground data usage for Google Play Services
Elephant in the room -- with all the "cost of living" crisis striking across the lower, middle and even sometimes higher ranks of incomes, the MSM are starting to wake up to one stone-hard reality: house prices are f*ing bonkers.
Irony -- after praising the "feel rich" wave that has been plaguing Western countries since the dotdom bubble burst.
We know the income multipliers from the article, and the article hints at the pain of those households who are going to get caught when remortgaging (the act of having to re-negotiate your borrowing conditions after a period of time has expired, basically).
2020 from the daily mail, BBC, guardian (aka grauniad), telegraph (aka torygraph) and others:
. "House prices are rising and god that's wonderful"
. "Buy now before it's too late! Don't miss out!"
. "How to borrow sensibly over 35 years" (lol)
. "Rates are low, now is a good time to get on the housing ladder!"
. in a word, property porn, sprinkled with a generous amount of "Fear Of Missing Out".
Despicable.
Successive governments, big fans of the "free market":
. Help to buy
. Various loan garantees
. Lobbying and land hoarding from a cartel of (very large, very connected) building companies/groups.
This is a fucking mess. Prices as high as this haven't been seen in the UK since Victorian times. And we all know Victorian times were great from all perspectives, don't we?) and the only entities benefiting from them are:
. Governments (stamp duty, etc)
. Banks (longer mortgages)
. Some law firms/professions
. Estate agents.
Despicable.
The rest suffer from:
. being tied to inordinate amounts of debt for what is most people's __entire__ professional life
. tied -> less mobility
. tied -> more fear, more docility
. etc, etc.
Not to mention that with interest rates rises, those monthly payment aren't exactly coming down (Anytime soon? pivot one day?). On top of food prices. On top of energy prices. On top of tax banding. etc, etc.
And now the MSM has the galling audacity to vomit such articles. Makes you wonder:
. They are probably crying for help to the government (in "gimme gibs" mode)
. Writers may or may not be up to the hilt in a very very long mortgagy relationships with a bank
. Whether they should be confronted with the appalling content they exposed to a (unfortunately and too-often-ly) financially illiterate readership. And make them pay. Somehow.
Everyone's blood should start boiling when reading such hypocrisy coming from a publication like the Guardian (see list above).
They play both sides. You can find hand wringing articles when house prices go up by only 0.8% instead of what homeowners would like. The same day as they decry housing as unaffordable.
wasn't there a quote in the soft cover Mechwarrior RPG saying something along the lines of "whatever happened to the Universe while Einstein wasn't looking?"
I'd have to take a look at my library to verify! I love the Kearny-Fuchida backstory so, they were basically ridiculed crack heads, until decades after their death people jumped to New Earth (?) on the THS Pathfinder (?).
I don't see that quote on the cover of either 1st or 2nd edition of MechWarrior unfortunately. It does sound like something that would have been on some BT book however.
