Quote:
Originally Posted by jonbxx
There are a few ways to solve this problem which are toxic, including raising tax, raising the pension age, reducing pensions, and Logan’s Run or we need to have more taxpayers. We can either incentivise a higher birth rate or import tax payers. The first will have an 18 year lag, the second is fast.
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I appreciate that’s the theory (and has been put into practice for some time) but with artificially finite housing supply it pushes up the biggest element of outgoings for most people - housing.
It also drives up demand for public services, school places, wider state funded babysitting, public transport costs, health services. It’s far from clean cut and only delays that it has to be addressed properly sooner or later.