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Debate House Prices


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75 Grand Discount....Right to buy is back...........

135678

Comments

  • phil_b_2
    phil_b_2 Posts: 995 Forumite
    Any idea when an official and detailed outline of this will be published? I.e showing what the cap will be for specific and individual areas/postcodes?
  • pbouk
    pbouk Posts: 251 Forumite
    this is nothing new! he has said before that every council house sold will be replaced by another new one. it will really just balance everything out but it will also mean that 50-75% off the council house which will contribute to further falls.:j
  • Le_Chuck
    Le_Chuck Posts: 223 Forumite
    Am I missing something here but doesn't this just increase supply to the market therefore push prices downwards.

    That's as long as they do build the houses to replace the ones they sell off.

    This is exactly my first thoughts & Sibley is seemingly contradicting himself
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    No no no no no no. No more handouts for f e c k l e s s f e c k e r s. No more dole outs for doleys. No more disbursements for the doleite.

    For Pete's sake enough. If the tories are still pulling this shizzle who the hell is going to stop it?
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Jimmy_31 wrote: »
    The vast majority of council tenants i know have no intention of buying their council house.

    Why buy when its free to live in and people like me come round and maintain it for them.

    Why the fcuk would i want to buy a house that i already live in for free. Thats what most are saying around here.

    Because you can sell it in 5 years time and pocket the 75k cash (if house prices stayed static).
  • shortchanged_2
    shortchanged_2 Posts: 5,546 Forumite
    Because you can sell it in 5 years time and pocket the 75k cash (if house prices stayed static).

    I agree this is a potential problem Graham which is why if they do go ahead with this scheme they need to put provisions in place to try to stop people from profiteering from this scheme, although with these clueless politicians that is highly unlikely.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 11 March 2012 at 7:28PM
    I agree this is a potential problem Graham which is why if they do go ahead with this scheme they need to put provisions in place to try to stop people from profiteering from this scheme, although with these clueless politicians that is highly unlikely.

    I have to say, it's a shame to see this from a tory government. However, it's not surprising. VI's rule when it comes to the government and HPI seems sanctamount....for every party.

    Let's face it, this isnt even party political. They were all fiddling and making the most of HPI themselves. Swapping homes to earn th most HPI on MP expenses and the like. The battle here isn't with a political party, it's with the MP's from all the parties.

    It's as Tony Blair stated in his book. You have 3 sets of people in government. MPs from political parties, the populace and VI's. As he said, the policy pressure comes from the VIs (including unions), of whom can destroy you in a way that MPs and the populace can't.
  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well maybe they should be sold with strict conditions (covenant) that say for example these houses are not to be used for private rental for say at least 25 years.

    How would that be enforced?
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • Neverland
    Neverland Posts: 271 Forumite
    olly300 wrote: »
    Have to agree with you there.

    The government housing policy is a complete mess.

    First they are trying to stop new social housing tenants having a right to live in the housing for life.

    Next they want to sell council housing which is social housing off.

    +1

    Cynical vote buying :mad:

    LABOUR: give subsidised housing to people to buy votes

    TORIES: subsidise the sale of council houses to people to buy votes

    TAX PAYERS: pay for it all :(

    ..rinse & repeat ad nauseam...
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Because you can sell it in 5 years time and pocket the 75k cash (if house prices stayed static).

    The last thing some people want is cash in the bank.
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