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Debate House Prices


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If milk had risen in line with house prices...

135

Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    StevieJ wrote: »
    Interestingly more people can afford a house now than the 50's and before, what is going on icon7.gif. To be fair to Shelter theirs is a noble cause and not just self interest.

    Using the figure I previously used to compare petrol prices I reckon that house prices would have to fall by about 25% make them roughly the same price they were in 1970s if they did do you think it would have much effect on homelessness.
  • yeah i know.. Just havin a bit of a giggle!

    Everyones circumstances are different... personally, i can afford to have my house which is 2 or 3 times the size of my first one 10 years ago during which time prices rocketed..
  • carolt
    carolt Posts: 8,531 Forumite
    edited 13 March 2010 at 5:20PM
    silvercar wrote: »
    You are doing a disservice to the people who actually want to rent and want a robust rental sector.

    Fine for wannabe buyers to say that others shouldn't be allowed to own, but a lot of renters want to rent and they can only rent from people who own (more than their main home).

    I think an enormous number of those people you describe as 'wanting to rent' would much rather rent via the council - secure tenancies, at a fraction of the cost, and able to decorate more freely. A quick glance at the number of those on housing waiting lists currently makes that point well.

    And what all those like me who don't particularly 'want' to rent, but are stuck doing so due to lack of suitable properties for sale at suitable prices?

    The market for those who really want, and prefer, private rentals over any type of situation - that elusive 'young professional' market - is quite small in reality - it caters mainly for students and those in their 20's who wish and can afford to rent privately.

    I think you are being disingenious if you state that the market needs to grow, not reduce, to cater to those who really want private rentals. The slack needs to be taken up by building more council homes for rent and releasing current BTLs for sale to owner occupiers.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    carolt wrote: »

    The slack needs to be taken up by building more council homes for rent and releasing current BTLs for sale to owner occupiers.

    your probably right but it's never going to happen
  • carolt
    carolt Posts: 8,531 Forumite
    Good crystal ball? Or is it balls?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    carolt wrote: »
    Good crystal ball? Or is it balls?

    Just a guess can you see any of the parties that are likely to be elected building more council houses. By the way just because I said I didn’t think it would happen doesn’t mean I don’t think it should happen.
  • carolt
    carolt Posts: 8,531 Forumite
    You said 'never'.

    'Never' is a very big word and I certainly don't have the crystal ball (or balls) to use it.
  • Dr.Shoe_2
    Dr.Shoe_2 Posts: 1,028 Forumite
    I can remember when I was a kid about 30odd years agi that milk was 25p a pint. in iceland you can get 4 pints for £1.00. The same price as it was in 1978!

    We should be paying at least £2.00 a pint even going by normal inflation.
    [strike]-£20,000[/strike] 0!
  • carolt
    carolt Posts: 8,531 Forumite
    Still a way off £47 a pint or whatever the OP quoted.
  • silvercar
    silvercar Posts: 49,994 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    carolt wrote: »
    I think an enormous number of those people you describe as 'wanting to rent' would much rather rent via the council - secure tenancies, at a fraction of the cost, and able to decorate more freely. A quick glance at the number of those on housing waiting lists currently makes that point well.

    And what all those like me who don't particularly 'want' to rent, but are stuck doing so due to lack of suitable properties for sale at suitable prices?

    The market for those who really want, and prefer, private rentals over any type of situation - that elusive 'young professional' market - is quite small in reality - it caters mainly for students and those in their 20's who wish and can afford to rent privately.

    I think you are being disingenious if you state that the market needs to grow, not reduce, to cater to those who really want private rentals. The slack needs to be taken up by building more council homes for rent and releasing current BTLs for sale to owner occupiers.

    I doubt every renter wants to live on a council estate!

    Surely a good supply of rental properties should keep rents low, enabling those that want to save a deposit to do so.
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