Il Regno Unito subisce la seconda più alta caduta di ricchezza di qualsiasi grande economia nel 2024

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What has happened to the country? I’ve been all around Europe and I don’t see the noticeable decline anywhere like I do in the UK.

oh noooo housing prices are slowly becoming more realistic and accessible to people who actually need them nooooooo

A country that suffered years of turmoil and division, controlled by an inept govt who changed leaders like their knickers, who sold off all the family jewels to foreign owners, who forced austerity on the masses, who gave us Brexit with no plan or clue of how it would work (and nobody who voted for it bothered to ask), and who ran up a 3 trillion debt (where did all the money go?). Then we wonder why wealth has fallen. You get what you vote for folks.

Honestly that’s good news if you look at the metrics involved.

Quite apart from the fact we’ve long since attracted all the good investment possible, with wage stagnation and privatisation any extra wealth created is usually kept from circulation. When house prices stall though, people who live in the homes keep them and those who invest in them are eventually forced to sell because appreciation doesn’t help them outpace mortgage payments.

Same with the stock market. Actual value doesn’t disappear; just the fictional sentiment and the inflated prices that brings. We’re not really talking pensions and institutions losing out here either due to those investing long-term, just those people living off the growth in ‘wealth’.

I hope Trump’s tariffs do dry up new investment from abroad. Most places are going to put money into domestic production capabilities to hedge against future changes like tariffs and we should do the same. Hopefully this contraction leads to the obvious renationalisation of utilities to prevent us syphoning so much of our actual wealth abroad to America (British Gas) or France (EDF). We have so much renewable energy and we could use that to subsidise everyone here, meaning everyone keeps more of their wealth and we retain a constant bonus to growth because energy use is also proportional to actual production.

So its bad if house prices go up , bad if they don’t.

Stock market and house price rises isn’t necessarily national wealth of a long term productive kind.

It has nothing to do with rich people leaving despite trying to spin it like that, it’s just everybody being equally affected by inflation.

First paragraph:

*”Average wealth in Britain fell the second most of any major economy in 2024, according to a closely followed global study, piling fresh scrutiny on the country’s* [*battle to stem an exodus*](https://www.cityam.com/people-and-organizations/wealth-exodus/) *of its wealthiest residents and and kickstart its flagging economy.”*

Fifth and sixth paragraphs:

*“Average real-term wealth per adult in the United Kingdom fell in 2024 because living-cost pressures and rising interest rates moved faster than either house prices or most financial markets. Naturally, this dented people’s ability to build or retain wealth,” he told City AM.Median household assets in the UK grew by over five per cent, however, meaning it was the top end of the UK’s wealth distribution that suffered major dents to their net worth, Frey added.”*