It is simply about helping people who need the help, I don't understand your aversion to it.
Lots of people were helped during Covid, which was external circumstances. Almost everyone was helped with energy bill crisis, which was external circumstances. Why shouldn't mortgage holders (and renters, if rates effect their rent amount) be helped when external circumstances have rapidly driven up interest rates?
If inflation is a problem, why did the Government hand out money to everyone to support rising energy bills? Those trebled energy bills would have driven down other spending if the Government support didn't occur. An extra £2k a year on energy could be dwarfed by the extra on mortgages for many people. Why is it ok for that to happen but not for energy bills to rise?
Interest rates disproportionately effect housing costs. So what is happening is one (albeit very large) group of people are the ones expected to cut back and solve the inflation problem. Why?
So you have moved on from equality now to wanting equity?
The issue with equity is it promotes risk taking and bad decision making since it lowers the risks of doing so, unless very specifically and well implemented.
Again I have explained this. Covid and the energy bills were one off help that not only helped individuals but were better for the whole country. Failure to help with COVID would likely have seen a very deep depression where the cost to the government would have exceeded the cost of helping.
Energy prices, well I am very 50/50 on that in regards whether everyone should have had help, but one of the issues is that if you don't do that then you run into issues of how you quickly identify those that need help and get a process into place in order to do so.
But the main difference between those two and mortgages is that they were not of the governments making nor want. Interest rates whilst independent via the BOE are what the government also needs for its stated goal of low inflation, so then turning round and taking away the main lever would be somewhat daft.
And again your only looking at the mortgage holders here. Its well understood that in times of higher interest rates that many people will slow spending and start saving more.
The government runs a narrow line between equality (what it really means not Dans version) and equity. Bear in mind you have a C&UP government, they are far less likely to be heavily into equity since generally those most successful will vote for this government. They cannot alienate all their natural voters to court the people who may well not vote for them anyway.
Life sucks honestly, its just reality. Its never going to be perfect, otherwise we would all live in a penthouse in London during the week earning £500k+ with a lovely place on the coast for weekends.
And yes, there are circumstances that mean you have to stay in one location e.g. caring for elderly relatives / parents who live nearby. But of course you overlook that, because you aren't facing financial burdens from the current crisis or have the same level of expectations that others do.
This is an incredibly difficult one. We had it in our family, my father (with 3 brothers) only had one remaining in the area when their father needed more care and help. A lot fell on the one brother who remained in that area (arguably the least successful if you went simply on hard £ metrics).
My grandfather could have moved, but refused point blank at all stages.
It is very easy to end up tied to an area, some will be willing to break those bonds far easier than others. My first serious girlfriend couldn't go a day without either visiting her mother or speak to her on the phone. I was like meh, I spoke to my parents last month why do I need to call them!?
