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Debate House Prices


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High house prices destroying...

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Comments

  • Idiophreak
    Idiophreak Posts: 12,024 Forumite
    10,000 Posts Combo Breaker
    You're going to have to change your sig if you're gonna post links to DM...
  • MacMickster
    MacMickster Posts: 3,648 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So it's now government policy to lower house prices?
    "When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson
  • Tell me about it. I'm, getting grief from the misses for buying an overpriced hovel at the peak of the market. It's no wonder Ting Tongs decided to play away.

    Sibley, Maidstone, 5/10/2011 8:40
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Idiophreak wrote: »
    You're going to have to change your sig if you're gonna post links to DM...

    It might be a DM link, but that does not detract from what the minister states.
    Mr Clark said: ‘It’s destroying family life in so many ways. How can a family put down roots if they’re on six months’ notice to quit on a buy-to-let?


    ‘Young parents are having to spend more of their earnings on rent, and less on their children. Living in tiny flats and houses without the gardens they played in as children. Leading isolated lives, miles from where their children’s grandparents and other relatives are.’
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do people really think that this will lead to more houses being built in the villages where the wealthy Tory voters will fight tooth and nail to prevent it?
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    ukcarper wrote: »
    Do people really think that this will lead to more houses being built in the villages where the wealthy Tory voters will fight tooth and nail to prevent it?

    No, the NIMBY's will continue to ensure that houses aren't built in areas where people want to live.

    Hideous rabbit hutch flats will be built in 'up and coming' areas though.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ukcarper wrote: »
    Do people really think that this will lead to more houses being built in the villages where the wealthy Tory voters will fight tooth and nail to prevent it?

    Little point anyway if there are no jobs and public transport is poor.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Thrugelmir wrote: »
    Little point anyway if there are no jobs and public transport is poor.

    But that is not always the case.
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    edited 5 October 2011 at 11:59AM
    Excellent rhetoric until:
    ‘We’ll insist on excellent design not Lego-towns and we’ll make sure that planning decisions are taken by local people ,’ he added.

    And this is where it all collapses. Because if local people elsewhere in the UK are like local people in any of the areas I have ever been local to, they will fight tooth and nail to stifle any proposed developments anywhere within a 30 mile radius of anywhere anyone wants to live.

    We desperately need houses, everyone recognises that, but 99.9% of people will manacle themselves to the JCBs before they allow one to be built next door to their own one.

    Local people unfortunately need central government overruling them for the good of everywhere else.
  • Batchy
    Batchy Posts: 1,632 Forumite
    high house prices are not a problem with low credit interest rates, however, it canbe a risky method to own.

    However, high rents are the problem, as people / familys either rent or buy, and high house prices will be maintained if its currently cheaper to buy than it is to rent...

    Deposit aside, the other dont get a choice... and are caught in the rental trap.
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
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