The Housing Shortage Timebomb

HAMISH_MCTAVISH

blue_monkey wrote: »

So what happens to everyone else? Sod 'em? We are going back 80 years to when only the elite and rich were able to buy a home to live in. Is that really the way forward?

It's completely irrelevant whether you or I view such a thing as good or not.

Prices will rise, and dramatically so, unless you build more houses.

Should anything happen to my husbands job or should he fall sick or have to take a lower paid job we can get some/all our rent paid for us and not have the fear of losing our home like we would if we had a mortgage. And if you lose your home because you've not paid the mortgage they have no pbligation to help you.

Benefits will pay mortgage payments for those who lose their jobs too. It's not just renters who get help.

Mr.Brown_4

HAMISH_MCTAVISH wrote: »

Prices will rise, and dramatically so, unless you build more houses.

And, er, who will buy those houses? If everyone has missed the frikking boat then presumably there you will all sit, in your overpriced house that no one can afford to buy. Therefore my chum - it ultimately becomes worthless.

HAMISH_MCTAVISH

Mr.Brown wrote: »

And, er, who will buy those houses? If everyone has missed the frikking boat then presumably there you will all sit, in your overpriced house that no one can afford to buy. Therefore my chum - it ultimately becomes worthless.

And at that point prices will stop rising.

But the reality is that enough people can afford to pay higher prices for prices to rise quite some way yet.

blue_monkey_2

Tired, thanked instead of quoted.

Can't be bothered arguing with you any longer so I am leaving this thread, you are clearly right and everyone else is wrong. I hope that these 'people' that you mention get their money's worth then. As I said before, you think it is not over, it has not even started yet.

I will tell everyone who tells me how much their house has dropped in value in the last year (inclusing the friend who bought 2 years ago and now has a house worth 35k less than she paid for it, and another who bought 4 years ago and her's is worth 40k less) that they are very wrong and it has increased and to stop being so silly and to read the stats.

Obviously 'stats' are the only thing important to you, experiences from people who tell you otherwise are not.

And we all know just how they skew the stats to suit themselves, don't we!!

HAMISH_MCTAVISH

blue_monkey wrote: »

And we all know just how they skew the stats to suit themselves, don't we!!

No, I'm afraid we don't.

The house price indices are accurate. And with 100,000 sales last month alone, you are dreaming if you think the sample size is too small to be accurate.

It is not a big conspiracy. The land registry, nationwide, halifax, etc do not skew the stats to "suit themselves".

You just seem incapable of believing the truth. Prices are, on average, increasing significantly. Sure, there are still a few small pockets where they are not. But for most, they are.

Whether you like it or not is completely irrelevant. It is happening, it will continue happening, and you can do nothing about it, other than moan on an internet site. Which of course changes nothing.