• EU

Wealth in UK

The UK is one of most divisive countries in the world in terms of wealth. This is why 10% of UK households own almost 50% of the country. All the problems come from the staggering property prices and even more people rent flats because they cannot afford to pay a mortgage. Landlords earn from year to year, house benefits rise and the government spend extensive amounts of it, which it is passed on to the landlords.

 

It is impossible to believe that in a city like London someone who has a well-paid job cannot afford to rent a flat and must share a room like a student. E.g in poor Poland someone who needs to dwell, rents a flat or buys it- mostly with a mortgage.

 

It seems that the only way to solve this problem is to build more, but as the land is very scarce there is a need to build tall buildings with cheap flats to rent or buy with the help of the government instead of granting benefits.

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September 2016
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