Property and the political elite

November 25, 2014

“We seem to have moved from property-owning democracy to a property-owning plutocracy. ONS statistics last week revealed that the total value of UK residential property rose from £1.4 trillion in 1997 to £4.7 trillion in 2013.”
And this is why politics is largely a preserve of the rich, landed classes. No one else has the wealth or the grounding to do such a job.

Jules Birch

It’s now received wisdom, and a key part of UKIP’s appeal, that we are ruled by politicians who are out of touch with the concerns of ordinary people. How much of this is down to house prices?

Perceived divisions between politicians and voters are nothing new of course. Nor are accusations of champagne (or Islington/Hampstead) socialism and a huge gap between Labour leaders and their core vote. However, if these are US-style ‘culture wars’ over the politics of identity and national flags, they are being fought in the language of house prices, as shown only too clearly in this week’s Mail on Sunday story about the ‘Thornberry set’ and the North London ‘liberal elite’.

The issue was highlighted by last week’s tweet by Labour MP Emily Thornberry about a flag-festooned house in Rochester & Strood and then brought home by media coverage of its Sun-sponsored owner knocking on the…

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