We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Build more houses
Comments
-
HAMISH_MCTAVISH wrote: »Hi Graham, nice evasion, but we'll have to ask the question again I'm afraid.
When we have a shortfall of around 100,000 houses a year, where do you expect them to live?
And before you say "with their parents", does that apply to families and immigrants too?
How on earth is it an evasion? Blimey. It's a direct answer to your question.
I expect people to live longer with their parents. It's happening now. Thats my evidence.
Yes it applies to families. As for immigrants, this is a none point really, as if rents keep going up and boom like you suggest, immigrants will be less likely to come here. Number of immigrants is also falling, not rising.
Plus we built 50% more houses than you keep suggesting in 2009.
You can only ignore the elephant in the room for so long. Prices are too high. Ask me anything, it's not inconvinient, I'll have an answer for you. A direct one, too. It's not I who has a problem providing answer
0 -
Graham_Devon wrote: »I expect people to live longer with their parents. It's happening now. Thats my evidence.
OK, and what happens when they do finally move out?
Presumably with big deposits saved?As for immigrants, this is a none point really, as if rents keep going up and boom like you suggest, immigrants will be less likely to come here. Number of immigrants is also falling, not rising.
Source?
Evidence?
And if it is falling, will it fall to zero?Plus we built 50% more houses than you keep suggesting in 2009.
Which still leaves us short of 90,000 houses a year.You can only ignore the elephant in the room for so long. Prices are too high. Ask me anything, it's not inconvinient, I'll have an answer for you. A direct one, too. It's not I who has a problem providing answer
Prices are the point where supply and demand intersect. No more, no less.
So far, your only response to the overwhelming facts of population growth, supply shortage, etc, leading to future price rises, is to suggest "everyone will just live with their parents".
Weak doesn't even begin to describe how pathetic your case is.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
HAMISH_MCTAVISH wrote: »OK, and what happens when they do finally move out?
Presumably with big deposits saved?
Source?
Evidence?
And if it is falling, will it fall to zero?
Which still leaves us short of 90,000 houses a year.
Prices are the point where supply and demand intersect. No more, no less.
So far, your only response to the overwhelming facts of population growth, supply shortage, etc, leading to future price rises, is to suggest "everyone will just live with their parents".
Weak doesn't even begin to describe how pathetic your case is.
Hamish, I'm not denying future price rises.
I'm denying that imminent rises above and beyond inflation are about to happen. I've given my reasons why. All you keep doing is calling them pathetic or accusing me of trying to change the subject.
All I'm saying is that right now and the near future, building aint gonna happen, so stop going on about it as some kind of solution when even you don't believe it is.
I'm saying the benefits bill cannot and will not cope with imminent boom type prices in rents which you seem to suggest and applaud.0 -
HAMISH_MCTAVISH wrote: »Hi Graham, nice evasion
:rotfl::rotfl::rotfl: Not going to post your famous pot vs kettle jpg then Hamish.
Just saying, its a bit rich coming from the king of "suddenly I'm not so interested in this thread anymore" and the grand duke of "wah wah wah I'm not talking to you your mean".
Bravo Hamish. Bravo. :T0 -
PasturesNew wrote: »We don't need more houses to be built, we need proper affordable houses.
..................................
Nice little insulated houses with a little driveway for our little cars and a garage and a little lovely garden.
Your pushing up the price of the affordable houses by including drives and garages.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
HAMISH_MCTAVISH wrote: »I'm going to simplify this down to levels even Mr Muddle can understand.
Person A has an income of £10. Person A has a rent budget of £3.
Person A can't find a house for £3...... All the houses are now £5... But the only reason rents rose is because there were insufficient houses to rent. Supply and demand...
So fortunately for person A, there is now a person B in exactly the same situation.
Person A and Person B join forces, and they now have a combined income of £20, and a rent budget of £6. They rent a house for £5, and have a bit of spare money left over.
When we don't build enough houses to keep up with population growth, the above is not a theory Graham, it's a mathematical certainty.
When you don't build enough houses for the growing population, then more people MUST live in each house. There is no other choice.
Whether or not you like such a situation, or whether or not you want it, is utterly irrelevant....
How many people rent houses with more bedrooms than they need?
Maybe my experience is unusual, but I know a lot of renters and I can't think of anyone who has more bedrooms than people in the house. Well, I can but they're all houses where the landlord rents the rooms individually and can't/won't find tenants for the empty rooms.
I'm moving in with 4 friends in September, and we could conceivably rent a 5 or 6 bedroom house, but it would be a bit pointless really.
Wouldn't housing supply have to be massivly out-of-sync with the population growth to prompt a serious fall in house prices (as in Ireland)? Which seems unlikely0 -
How many people rent houses with more bedrooms than they need?
There are reasons to do this.
I have rented to a professional who seperated from his wife and wanted spare rooms for his kids to stay over.
My F-I-L rented out a three bed flat to a company who housed one guy in it.
Some people rent the extra rooms for the space they need.
I know situations as this where they had the master bedroom and used the second room as a study / computer room.
It might not be the majority, but certainly I think there would still be plenty of places. I guess it depends on the rental price and individual needs.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
