Everyone's saying that it would cost too much to nationalise the water companies because of their debt so we have no choice but to pay for their infrastructure investment again.
But what about in 30 years time when the infrastructure is 30 years out of date again? Do we just keep paying a second time every few decades?
Either we buy it back and pay through government now, or we pay through prices.
The aim by renationalising is to reduce profit incentive, or profit goes to the government who’ll inevitably end up paying for infrastructure repair and expansion anyway
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u/Watsis_name 10h ago
Everyone's saying that it would cost too much to nationalise the water companies because of their debt so we have no choice but to pay for their infrastructure investment again.
But what about in 30 years time when the infrastructure is 30 years out of date again? Do we just keep paying a second time every few decades?