You have hit the nail squarely upon the head there Darren, "Debt is good." was certainly a Thatcher mantra. Get everybody locked-in to the Pyramid Scheme of house price inflation. Some did very well out of it too, but lo-and-behold, it is they who are now "asset-rich/cash-poor" and are being held up as an example of why LVT* simply would not work. Whereas, really is simply does not suit.
*
http://www.landvaluetax.org/
Let us not forget too that it was Capitalist's big-thinkers who declared at separate times on the futures of both the Telephone and Computer, that, "Soon, each town will have one."