Halifax +2.6 % MoM

mewbie_2

lostinrates wrote: »

We're getting closer, but we're still not hitting the answer to my question.

I'm not trying to be difficult, I'm trying to be coherant.

Social housing is part of the answer I think.

Chucky, !!!!!!, just say "social housing" will you, then we can all get some rest.

nearlynew

One measure for all the bulls to try is this..........

Could you afford to buy your present home at today's prices on your present income?

chucky

lostinrates wrote: »

We're getting closer, but we're still not hitting the answer to my question.

I'm not trying to be difficult, I'm trying to be coherant.

Social housing is part of the answer I think.

but how many people are in the situation that can't afford to pay their rent?

social housing is not for me if recent history is anything to go by - have you seen some of the crime rates on a large number of council estates, have you seen the number of immigrants that live in social housing that seem to be localised together and not having the need to integrate, how many well kept housing estates have you seen that are not made up of people that own their council holes. i could go on...

it's a romantic idea LIR and a good one but i don't think it works in the UK for now.
a lot of things would have to change for social housing to work.

chucky

nearlynew wrote: »

One measure for all the bulls to try is this..........

Could you afford to buy your present home at today's prices on your present income?

in a word yes

ess0two

nearlynew wrote: »

One measure for all the bulls to try is this..........

Could you afford to buy your present home at today's prices on your present income?

Yeah managed to buy 2,greatly helped by HPI mid 07.

lostinrates

chucky wrote: »

but how many people are in the situation that can't afford to pay their rent?

I don't know! Thats part of my question!

social housing is not for me if recent history is anything to go by - have you seen some of the crime rates on a large number of council estates, have you seen the number of immigrants that live in social housing that seem to be localised together and not having the need to integrate, how many well kept housing estates have you seen that are not made up of people that own their council holes. i could go on...

it's a romantic idea LIR and a good one but i don't think it works in the UK for now.
a lot of things would have to change for social housing to work.

Whts a romntic idea? The yes yes yes stuff? I hven't riased anything (intentionlly)

I'm, honestly, (yes mewbie) trying to work out what part of the equation I'm missing. Its so beyond my grasp I honestly can't point a finger at it.

lostinrates

mewbie wrote: »

Chucky, !!!!!!, just say "social housing" will you, then we can all get some rest.

Tired already, Darling?

chucky

lostinrates wrote: »

Whts a romntic idea? The yes yes yes stuff? I hven't riased anything (intentionlly)

the idea of more social housing - it's a great idea but i don't think works in our society for some of the reasons i mentioned above.

lostinrates

chucky wrote: »

the idea of more social housing - it's a great idea but i don't think works in our society for some of the reasons i mentioned above.

No, no, no, I wasnt raising social housing as a utopian answer, I was saying I can see how it would fill in part of the gap. Only it couldn't as we hve less of it.

I'm not leading a trail here to prove a point of economics...I think we ll know I can't do that, I'm trying to understand how people who cannot afford to buy can afford increased rents that increased house prices have demanded to make feasible yields for he investors able to outprice buyers. I KNOW this is a weird thing, because historically fewer owned, but in MY living history, this is different again.

Again, I'm not making this hard on purpose (thats for mewbie ), I have a question and I don't know the answer. I don't even really know the question, but I hve a feeling its very, very important.

chucky

lostinrates wrote: »

No, no, no, I wasnt raising social housing as a utopian answer, I was saying I can see how it would fill in part of the gap. Only it couldn't as we hve less of it.

I'm not leading a trail here to prove a point of economics...I think we ll know I can't do that, I'm trying to understand how people who cannot afford to buy can afford increased rents that increased house prices have demanded to make feasible yields for he investors able to outprice buyers. I KNOW this is a weird thing, because historically fewer owned, but in MY living history, this is different again.

Again, I'm not making this hard on purpose, I have a question and I don't know the answer. I don't even really know the question, but I hve a feeling its very, very important.

i think it is the perfect answer but maybe not workable.

i don't think that there is that many people that can't afford to rent otherwise rents would have dropped in the past few years but they increased, they've only dropped due to the economic crisis.

due to how easy it is to commute and how good transport links are you can live quite a distance and keep your same job so there is a varied budget of rental accommodation.