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The big maggie stimulation was to offer council tennants houses at knock down prices (based on the ammount of rent they had already paid) and use the money that came from this to cut the ammount of grant paid by central government into local councils. That cut was forwarded directly If I understand correctly onto tax cuts for the higher earner.
Any idiot can face a crisis - it's day to day living that wears you out.
And then you have a variety of intermediate forms between full ownership and leases, such as andelsboliger where you have a group of owners who leverage their greater collective income security and bargaining power into cheaper loans.
Austerity can only be implemented in the shadow of a concentration camp.
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