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Debate House Prices
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If milk had risen in line with house prices...
Comments
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Interestingly more people can afford a house now than the 50's and before, what is going on
. 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.0 -
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..0 -
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.0 -
Good crystal ball? Or is it balls?0
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You said 'never'.
'Never' is a very big word and I certainly don't have the crystal ball (or balls) to use it.0 -
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!0 -
Still a way off £47 a pint or whatever the OP quoted.0
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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.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0
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