Recently much interest has been focused on improving the UK's housing and property market, both in terms for buyers and sellers as well as for the scores of ancillary trades and services affected by changes in the UK property market.
When looking for causative factors that might originate in government, a number of rather influential policies stand out, including, but not limited to:
- Completing a high-speed rail link connecting Birmingham, Manchester and Leeds with the European continent: this effectively puts British suburbs into the market for European buyers, especially upper middle-class and higher, as they would then be able to work in Paris and dine with their families in suburban Leeds or Manchester.
- Improving Britain’s railways: means not only faster, safer passenger travel (a convenience sure to figure into the considerations of property buyers all over Britain) but also lower freight costs for the transporting of raw materials, construction machinery and other heavy goods, all of which contributes to an overall higher profit margin for properties.
- Cutting corporate taxes: this has historically brought increased wealth for the nation, both in the form of increased employee take-home pay and increased re-investment in productive efforts as corporations develop new lines of products, new services and take on new employees to make the plans work.
The Conservative government also has a stated goal of building a network of business mentors, and while at first glance this wouldn’t seem to directly affect the property market, a bit of reflection reveals that greater numbers of people than ever before are using the internet to set up their own business efforts at home, as entrepreneurs. Couple this with Conservative government’s goal of providing low-interest startup loans to would-be entrepreneurs, and it becomes much clearer that a large percentage of small-to-medium enterprises beginning in the coming years will need little more than their own home, the electricity powering it and a room to use as an office for enterprises that could potentially bring a wider range of services, products and profits into all of Britain via the internet.
The practical implementation of these policies, at least, spells good news for the UK and good work for the government, that is, if it can implement these policies as stated.