A thought on home ownerism - tight planning restrictions artificially restrict supply pushing up prices. Everyone needs somewhere to live so people strive to earn enough to pay for these artificially expensive homes. Incometax is a percentage of earnings. so the more expensive homes are, the more you need to earn, the more you earn the more the government take from you - the more the government earn from you as tax slave / livestock.
Below article explains how subsidies to first time buyers (who only cannot afford a home due to restricted supply) only serve to raise prices (a natural reaction due to natural market forces) so not only does this have no benefit to first time buyers but it reinforces the home ownerist ideology by protecting sellers' 'investment' (prices across market naturally increase by value of subsidy so that value goes not to FTB's but straight to sellers.) (prices maintained against natural market forces adjusting them down (prices 'must only ever go up even now over the short term). It also increases long term gov tax income far more than the short term cost of the subsidy (which is borne by the taxpayers anyway (therefore should be considered a 'free' investment on the part of gov). Also benefits financial institutions that lobby gov and generate tax income.
Massive circle jerk of home ownerism where tax slave loses out.
http://markwadsworth.blogspot.com/2010/10/freedom-to-say-that-two-plus-two-make.html
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