Political Penguin

One of the things that will become apparent over time is my background in International Politics, to be more specific my area of interest is comparative European social welfare models with a particular interest in the Nordic system.
So just a quick post for now and a simple idea. We have a problem in this country when it comes to first-time buyers in the property market, I think that’s something that is pretty universally accepted and not open to political controversy. Up until now a myriad of different schemes have been tried out and experimented with to varying degrees of success. With this in mind I thought I would propose a different idea and get us away from all these complicated shared ownerships and the like for certain public sector workers etc etc.
In Finland, if you are a first time buyer, you simply pay a lower rate of income tax. It’s not sexy, it’s not complicated, it just means that the state accepts that being a first time buyer can be difficult so they take less money out of your pay packet. How simple is that?