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Also, if we build a few million more houses, it will keep the GDP above 0, preferably at 1.2 - 1.9%.
If the GDP is travelling at these levels, it means we have avoided economic stagnation and recession.
This is how modern Whitehall economics are calculated, by the way. No joke!
As for the rise in house prices coming from higher demand, it keeps the cost of stamp duty up, which means more tax revenue for the Treasury. Higher rent resulting from increased demand for accommodation is also healthy, as all landlords pay tax on their rent. So more tax going to the Treasury.
This is why we need to stay in the EU, we need a few million more people to come here, with their families, from Eastern Europe.
They work hard, pay tax on their income.
We don't need to preserve farm and woodland in Kent, as we can import apples from China, which are cheaper, so it is better to build and build and just keep building.
As we will need to build more schools and clinics for a few million more settlers, this will create even more jobs: nurses, teachers and bricklayers. These will come from Bulgaria and Romania, as we are currently running out of Poles.
If they don't come, this big employment opportunity will be lost.
Vote Labour!
