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Debate House Prices
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Question Time -Housing Debate
badrobot76
Posts: 28 Forumite
Anyone see this ,few interesting points not very well discussed or debated though, essentially debating about people monopolising property to large for them , too many bedrooms for their needs etc.
Trouble is in my opinion because the normal housing valuations have broken down, people in these large houses are not selling as they think in their minds they cannot realise value at this time i.e their overinflated prices will not be met therefore they would rather camp in their houses instead of downsizing which they would be able to do in a healthy market.
Trouble is in my opinion because the normal housing valuations have broken down, people in these large houses are not selling as they think in their minds they cannot realise value at this time i.e their overinflated prices will not be met therefore they would rather camp in their houses instead of downsizing which they would be able to do in a healthy market.
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Comments
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If people own their property then it is uo to them.
But if they are in social housing then they should be made to downsize.
Somehow I do not believe it will happen!!0 -
We've already had a thread debating this when the idiotic report was first published.badrobot76 wrote: »Trouble is in my opinion because the normal housing valuations have broken down, people in these large houses are not selling as they think in their minds they cannot realise value at this time i.e their overinflated prices will not be met therefore they would rather camp in their houses instead of downsizing which they would be able to do in a healthy market.
The thing that it is hard for those obsessed with house prices to understand is that most people think of the house that they live in as their home - not as an asset with value to be realised.
People don't, and won't, downsize because they continue to be happy living in their home. They will either downsize when their home no longer meets their needs, or when they move into a wooden box. That is the beauty of owning your own HOME."When the people fear the government there is tyranny, when the government fears the people there is liberty." - Thomas Jefferson0 -
If people own their property then it is uo to them.
But if they are in social housing then they should be made to downsize.
Somehow I do not believe it will happen!!
One of the problems is lack of suitable accommodation my mum lives in a housing association (ex council) flat in a small estate for older people and there is no shortage of people willing to transfer there. It’s easy to see why people don’t want to transfer to some of the flats available elsewhere.0
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