Finance & Fury Podcast

Today – look at Why a Government benefit from high property prices, and why they might want high housing prices? To the point it moves away from being affordable – hurting population while benefiting Govs They all say they don’t – and that their policies will help reduce prices - but why this is either just promises, or a known a lie –   Governments could easily solve the property price issues – Incentivise spread Company and personal tax zones EPA laws – makes it easier Infrastructure taxes – should be the opposite – Gov chips in and then gets the price back on the sale Remove costs – Stamp Duty – one of the biggest ways people thing property prices can drop   Wealth effect – The wealth effect looks at the impact of the rising value of assets on consumer spending - A rise in house prices creates an increase in wealth for householders. As a consequence of this increase in house prices, householders will generally: Be more confident about spending and borrowing on credit cards. They can always sell th