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Roger, you are quite correct and entirely misguided in what you say on RTB.
The aspiration is not to own a home of one's own, but to attain the lowest rung upon the property ladder and to again aspire to climb up.
If one is to be sold the idea ever, and eternal, increases in house 'value' one needs to hear that there is a growing and ever-present housing shortage, and an innate aspiration within all those coming after you to also attain the lowest rung...and so it is said to continue ad infinitum.
I hold New Labour in no higher regard than I do the Conservatives. The transformation of both is all but complete.
"Money is all" is the commonality of both major Political Partys, the Pyramid Scheme of life-in-debt, has replaced the aged tenet of earning before spending.
All with but a vague promise, to prime the pump.
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