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
BOE's prority must be preventing another housing boom.
Comments
-
shortchanged wrote: »With your vision I predict riots and revolution in the air.
Follow your logic, apply it to the German market where property is concentrated in fewer hands, are there riots?0 -
Its like you want everybody to kick off:)
The people of this country will not slave away their whole lives to rent a 5hit flat.
It can only go on for so long till people say fcuk it, lets start breaking things
So why hasn't this happened in nations with proportionally high rental sectors?
You don't have to slave away ad - infenitum. I find Poles and others simply live frugally a few years and rapidly save large deposits. Thats why they often rent rooms around here, so as to maximise thier saving ability.0 -
Sounds like an excellent idea in principle but I defy anyone to tell me what a fair price for a property is in the absence of a properly functioning market where there is reasonable access to credit and those in arrears are actually repossessed rather than given the 'extend & pretend' treatment.
And a ready supply and mix of property to purchase."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
The bigger problem is we need to get people seeing houses as homes again.
This minds me of the old music production argument back in the 1960's when the old fashioned engineers argued guitar distortion was a passing fad:rotfl:. The Human race will always value a dwelling. Incidentaly I do more buy to let business now, it really is unstoppable.
A home is by definition valuable to the dweller and thus the home it'self becomes, well monetarily valuable, as it confers a high utility advantage.0 -
There will be more people per house to help pay the rent and, like it or not, people will have to get used to an increasing proportion of income being spent on accomodation and therefore less on other things.
Like student loans, pension provision, food, heating?
Or SKY, Premiership Football, Latest Techno fashion Item?"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
The Human race will always value a dwelling. Incidentaly I do more buy to let business now, it really is unstoppable.
A home is by definition valuable to the dweller and thus the home it'self becomes, well monetarily valuable, as it confers a high utility advantage.
With other forms of "pension" provision having being undermined it will continue to grow. Unlike Gold it can provide an income and isn't as easy to nick."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
It can only go on for so long till people say fcuk it, lets start breaking thingsshortchanged wrote: »With your vision I predict riots and revolution in the air.Maybe life is still nice and rosey where you live but trust me its not like that everywhere and its only going to get worse.
Uh-oh.
Jimmy Che Guevara and his sidekick are on a roll.
Revolution.....:rotfl:
The sense of entitlement strikes again.
It's simple Jimmy, home ownership in this country is within reach of everybody. Everybody.
Many people achieve it daily through putting in hard graft, extra hours, second jobs or lifting their income through education and learning new skills.
Others spend spend their time on an internet forum trolling all day.
0 -
So why hasn't this happened in nations with proportionally high rental sectors?
You don't have to slave away ad - infenitum. I find Poles and others simply live frugally a few years and rapidly save large deposits. Thats why they often rent rooms around here, so as to maximise thier saving ability.
Well put it this way, if i had to pay rent and couldnt ever save a house deposit up, at some point i would probably kick off.
Not much left out of a wage packet once the BTL Landlord has been fed.
How do you pay the rent when you have retired with no pension ?0 -
Follow your logic, apply it to the German market where property is concentrated in fewer hands, are there riots?
No, but then they have a much better, fairer rental market than we have with much more security.0 -
shortchanged wrote: »No, but then they have a much better, fairer rental market than we have with much more security.
I keep hearing that - is it true?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.5K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards