[madaxe_again]

This is basically the old Tory and Whig argument, unresolved. Whigs put faith in commerce and the growth of wealth borne from innovation - and founded the Bank of England. The Tories insisted that the true value of the country was in its land, and founded the Land Bank at about the same time as the BoE ~ 1690.

While the BoE appears to have won, as it still exists and the Land Bank does not, the mindset of the nation has been, and is still, Tory to the heart.

Oh, and land/property is a bubble, unless you're hedging on infinite growth of a fixed asset based on demand growth - which is daft, particularly if you're in the same breath opposing immigration and social mobility.