Good post Les.

I'll also add...

Rioting was mainly confined to dissatisfied immigrants. Now racial prejudice I don't condone, but I won't be supporting drug-dealers and crooks either.

In reply to London_Manila:

Very few people who were encouraged by Maggie to buy their own homes lost them (early 90s)....mainly those who were living beyond their means anyway.

The problem was created by 'financial advisors' on commission, and irresponsible and gullible buyers...something that Labour had 13 years to correct, but of course didn't. Result, even bigger property boom and subsequent crash, with more repossessions than ever.

Most were happy to accumulate equity and stop paying rent.

Personal debt is a personal decision. Don't go blaming governments for your own stupidity.