Schools can’t accept students, but that’s causing housing prices to rise?

Arthur never expected that the situation would develop in this direction.

Nowadays, house prices in Newham have increased by 30%. Since Ealing is a wealthy area, the increase is not obvious, but house prices still fluctuate.

It is normal for house prices and rents to rise. What is abnormal is the number of school students. In the huge Newham district, there are at least tens of thousands of school-age students, but the number of regular classes in public schools is only over a thousand.

And many of these more than a thousand students come from other cities. Compared with hiring expensive tutors, children can get high-quality education by spending rent. What is more cost-effective than this?

But this was not Arthur's original intention.

Although the school district system allowed him to successfully launch public school reforms, it also made the residents of slums live in dire straits.

In order to pay the expensive rent, they have to work harder than before. Maybe before, they could buy a cup of butterbeer after get off work to relieve their fatigue. Now they have to save even this cup of beer, including the children at home, who have to work an extra job. , the whole family tightened their belts to survive, just to make ends meet.

this...

Not what Arthur wanted to see.

Looking out the window at the gray sky, Arthur doubted himself for the first time.

"Did i do something wrong?"

At the same time, a burst of laughter broke out in Clarence House.

"That idiot, the fourth prince! He must be very disappointed now!"

"He wanted to be a hero, but what happened? He turned into a person who brought pain to the people!"

"Haha! I think it won't be long before he, the president, will be dismissed!"

The cups clinked together, making a crisp sound, and the nobles gathered together, holding cigars in their mouths, and complained about Arthur.

The resentment accumulated over the past few days seems to have come out as well.

"Your Highness, why don't you speak?"

While chatting and laughing, Earl Austin looked at the eldest prince who was drinking alone, and asked strangely: "The fourth prince is exhausted, aren't you happy?"

"I'm happy, but I'm not happy either."

The eldest prince said calmly: "Have you ever thought about it? Although Arthur has encountered setbacks, house prices have also risen. In this way, Shukri and the others can make a lot of money by selling houses..."

"The Second Prince and the others have acquired too many houses, most of which are in North and South London, and there are basically none in East and West London. No matter how high the housing prices in Newham are, it will not help!" A nobleman said with a smile.

"But after the Education Reform Bill is passed, the school district system will definitely be implemented. At present, it is only being piloted in Newham District. But will those businessmen with a keen sense of smell take the opportunity to buy properties in North and South London?" The eldest prince said in a deep voice.

Said: "If we can't even restrain the funding of the Liberal Party, what will passing the Education Reform Bill bring us? Is it a shame?"

The laughter in the room gradually subsided, and everyone looked at each other, suddenly realizing that this matter was not so funny.

The setbacks Arthur encountered were certainly relieved, but on the other hand, the second prince was liberated. In this way...

Don't they become clowns?

Realizing this, the nobles fell silent, and the wine was not as refreshing and refreshing as before.

Flower Street, grocery store.

After reading the morning newspaper, Ma Wei sighed: "Arthur is in trouble."

"Fourth Prince?"

With his mouth full of bread, Levin took two bites and asked in surprise: "What's wrong with him? Didn't he just make the Conservative Party deflate?"

"It has nothing to do with the Conservative Party. The trouble this time comes from the economy."

Mawei handed the newspaper to Levin and explained: "School district housing has led to the influx of a large amount of foreign investment and rising housing prices. The wages of local residents are not enough to cope with the rising housing prices, which has reduced the quality of life and even made it impossible to maintain a livelihood."

"It shouldn't be..." Levin frowned and said, "Wouldn't the influx of foreign capital increase the local employment rate? Why is it the other way around?"

"Because the real estate speculators are bad capital and market bugs." Ma Wei said quietly: "They did not provide redundant jobs, they just bought houses and caused housing prices to rise. The rising housing prices will cause many companies to move.

On the contrary, the number of jobs is on a downward trend, which is a negative impact."

"So, rising house prices are a bad thing?"

"It is normal for house prices to rise steadily following inflation and will not have a negative impact. However, the rise in house prices this time is due to the Education Reform Act. This is a counter-economic growth phenomenon under artificial control," Ma Wei said.

: “The growth rate of housing prices is too fast, far exceeding the growth rate of residents’ income. The gap between the two will become wider and wider. When it reaches a certain limit..."

Levin swallowed: "When you reach a certain limit... what will happen?"

"It will completely collapse." Ma Wei picked up the tea cup and blew away the hot air: "The rapidly rising real estate market seems to be prosperous, but in fact most of it is a bubble. Land is the most primitive means of production, but houses are not. Houses have no output.

, it is a commodity, not a means of production.”

"Houses are like jewelry. When the number is scarce, the price is naturally high, but what if the number becomes more and more?"

"This is a bubble. An economy built on the real estate market is frivolous and has no foundation. If a country wants to develop, it must not rely on speculation. Only real pillar industries can ensure economic stability."

After taking a sip of hot tea, Mawei continued: "The situation Arthur is currently facing is very dangerous. House prices and rents have risen too fast, making the already poor residents worse. If they cannot pay, they will be evicted from their houses.

Admitted to the workhouse..."

Levin shuddered. He still knew something about London's population distribution. This was no secret. According to statistics, East London was the most populous, accounting for 40% of the total London population, nearly half.

What is this concept?

This means that despite the seemingly prosperous appearance of London, nearly half of the residents actually live in slums!

In this case, once housing prices are too high, half of the residents will be displaced and enter the workhouse...

This chapter is not finished yet, please click on the next page to continue reading the exciting content! The entire social system is about to collapse!

You know, the residents of the slums are the small cogs that support the normal development of London!

Without the noble lord at the head, London would not have any influence, but without the pinion... London would not be able to function normally!

"It seems it's time..." Ma Wei said with narrowed eyes.

"When? When?" Levine was confused.

"The opportunity to build the Labor Party has come."

Ma Wei put down his tea cup and said: "East London has the largest number of workers. They have played a decisive role in the development of London and have been ignored by the top management. Now, the emergence of the school district housing system has led to an increase in rents, and things will soon accelerate.

,What will those workers who cannot afford to eat do?"

"Their only path is to fight!"

.............................

As the night gets darker, the lights on the second floor of the Educators Association are still on.

Arthur sat behind the table, looking at the appalling enrollment statistics with an extremely solemn expression.

His serious and slightly focused eyes wished he could burn a hole in the paper.

He is thinking about countermeasures, how to solve the trouble caused by the school district housing system?

How to make houses available to those who cannot afford them?

If this urgent problem is not solved, the Education Reform Act will become a yoke to oppress the people, even though the original intention is good...

Arthur was a little anxious. He hadn't been this irritable for a long time. When was the last time he was irritable?

It seems that when I doubt Gurihana's identity...

Squeak...

The sound of a chair being dragged was heard, and Arthur raised his head and met Mavie, who was sitting opposite with his daughter in his arms.

The dark room was in almost the same direction. Suddenly, Arthur seemed to have returned to New Ross City, back to the underground secret room where he first met Mavey.

"Father."

"Your Highness, you seem to be troubled."

"If it were you, wouldn't you be irritated?"

"Rather than being upset, I think you should be happy."

"I do not understand what you mean."

Arthur really couldn't find a reason to be happy.

"The opportunity has come."

"what chance?"

"The opportunity to form a Labor Party."

His heart was shocked, and Arthur asked in a deep voice: "Do you want to take advantage of this school district housing system?"

Ma Wei smiled and said: "Your Highness, although the school district housing system has caused rents to rise, it has also revealed the hidden dangers beneath London's vanity surface."

"This crisis will cause many people to lose their livelihood jobs and become homeless."

"At the same time, it will also ignite the spirit of struggle among many workers, just like the Glorious Revolution many years ago."

In the past, Mawei did not have the confidence to unite the workers, because the Kingdom of Windsor is a major producer. With its own technological advantages, it has been sucking the blood of other countries to make up for itself, and the people do not feel threatened.

This time, problems arose within the Kingdom of Windsor. The untimely rise in housing prices disrupted the kingdom's economy, making it impossible for people who were already on the subsistence line to make ends meet.
To be continued...