Plans to free up 25 million unused bedrooms

MRSTITTLEMOUSE

Graham_Devon wrote: »

You are joking, right?

Not half as much as that poster was suggesting older people could live in one.
But what's good for the goose and all that.
So why not.

Graham_Devon

MRSTITTLEMOUSE wrote: »

Not half as much as that poster was suggesting older people could live in one.
But what's good for the goose and all that.
So why not.

They didn't suggest that. They just said solution. Solution to what we don't really know.

shortchanged_2

MRSTITTLEMOUSE wrote: »

Exactly they don't need to move do they.
Like me these people won't care about house prices either as they won't be buying or selling.
They'll either stay there till they die or go into care.
Shrouds don't have pockets do they,so why would they care what value their house would bring.
To me my house has no monetary value its my home,and thats the attitude of most older people.

But this is part of the problem in that when you bought your house I'm sure you didn't really look at it as an investment.

My parents have done the same and retired into quite a large family home. The difference is when they bought, if I was on the relative wage I am now back when they bought, I could have bought the house they are in at the time.

Could I afford to buy their house now? Not a chance.

Graham_Devon

Woohoo.

Shortchanged, get your avatar's opinion on the situation

ukcarper

shortchanged wrote: »

But this is part of the problem in that when you bought your house I'm sure you didn't really look at it as an investment.

My parents have done the same and retired into quite a large family home. The difference is when they bought, if I was on the relative wage I am now back when they bought, I could have bought the house they are in at the time.

Could I afford to buy their house now? Not a chance.

Same old story it depends entirely on when they bought.

shortchanged_2

ukcarper wrote: »

same old story it depends entirely on when they bought.

Exactly!!!!!!

DaddyBear

IveSeenTheLight wrote: »

.

I just can't believe people don't realise how much better their life is in relation to previous generations

Absolutely disagree

IveSeenTheLight wrote: »

.
or indeed poorer countries.

Absolutely agree

Anyone who thinks that the current generation has it better than the previous 2/3 generations is either in denial or stupid.

IveSeenTheLight

shortchanged wrote: »

The difference is when they bought, if I was on the relative wage I am now back when they bought, I could have bought the house they are in at the time.

Could I afford to buy their house now? Not a chance.

Certainly it would appear that the last 30 - 40 years has been an anomoly in terms of who can afford property and what type of property they could afford.

Are times reverting back to when as a society, the majority are not home owners?..... Possibly.

The only real way to drive down prices is to create sufficient supply to ensure that everyone's wants are available.

Problem is that this would also likely push to expectations up for the next generation

ukcarper

shortchanged wrote: »

Exactly!!!!!!

So why assume all old people bought at a time when prices were low it would have been nice if we could all have bought in the mid 90s.

pqrdef

shortchanged wrote: »

My parents have done the same and retired into quite a large family home. The difference is when they bought, if I was on the relative wage I am now back when they bought, I could have bought the house they are in at the time.

Could I afford to buy their house now? Not a chance.

People keep trying to compare normality with an aberration. Your parents' generation got lucky. They didn't create a new normal.