Wednesday, 9 July 2008

Everything Must Be Sacrificed To The God Of Profit

The severity of the housing downturn was underlined yesterday when Persimmon. One of Britain's biggest home builders, said it had cut 2,000 jobs, bringing the total jobs lost across the industry to more than 4,000 in the past week alone. Persimmon reported it had only managed to sell 5,501 homes in the first half of this year, down 31% while the average price was £181,500, compared with £189,225 a year ago.

Millions of People at Breaking Point

More than two million households are spending more than half their income on housing costs, many say they suffer from stress or depression worrying about their housing costs and four million people admit its kept them awake at night. In the last year a quarter of all households have had to reduce their food shopping in order to meet housing costs and over a third have cut back on family treats.

An estimated one million children in Britain live in housing that is overcrowded, temporary, run-down, damp or dangerous. Over the last decade, rising house prices have made home ownership unfordable for a great many in Britain, we are suffering as always a massive housing crisis, there simply aren't enough decent affordable homes. The number of new households is increasing faster than the number of houses built. Nearly 1.7 million households currently languish in many cases for years on the council waiting lists.

What a crazy, bizarre world we live in then, millions are homeless or live in unfit sub-standard accommodation whilst able and skilled workers are being laid off!

"Plenty of materials - Plenty of Labour - Plenty of Machinery - and, nearly everybody going short of nearly everything!

Robert Tressell
The Ragged Trousered Philanthropist

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