Panorama tonight: The Great House Price Bubble?

ruggedtoast

http://www.bbc.co.uk/programmes/b03j0nw1

With house prices hitting record highs at the same time as living standards continue to be squeezed, Panorama reporter Adam Shaw goes in search of affordable homes for ordinary working families. He meets dual income households priced out of home ownership altogether and talks to one of the thousands of people being helped onto the property ladder by the government's controversial Help to Buy scheme. New research examines the number of UK households at risk of falling into unsustainable debt with each half percent rise in interest rates.

Should be a good expose of the dysfunctional state of the housing market at the moment and the damage the cost of housing is doing to ordinary people trying to make their way in the world.

I imagine the usual suspects on here will just stick their fingers their ears and shout "LALALALALALALA people who cant afford houses are lazy LALALALA!".

cynicalgit_2

As night follows day bust follows boom.

mayonnaise

He meets dual income households priced out of home ownership altogether

Let's hope he will do a full analysis of their incomes, spending patterns, credit history and expectations around the area they want to buy in.
Oh wait...it's Panorama, so that won't be happening.
Won't be watching.

HAMISH_MCTAVISH

Moneyweek were involved in the show, so expect it to be a biased bearfest throughout.

ruggedtoast

HAMISH_MCTAVISH wrote: »

Moneyweek were involved in the show, so expect it to be a biased bearfest throughout.

Don't worry. I'm sure the Daily Express will have a balanced rebuttal tomorrow morning for you to post about.

michaels

Last piece I saw on poverty on the BBC they highlighted the case of a poor family who were forced to hand school uniform down between siblings and share bath water between more than one person. Now it may only be because I am tighter than a ... but we are probably in the top quartile of households by income but we do both those things as normal, it is hardly environmentally sound (another BBC pet issue) to throw away perfectly good clothes or for 5 people to run 10 bathfulls of water a day.....

posh*spice

michaels wrote: »

Last piece I saw on poverty on the BBC they highlighted the case of a poor family who were forced to hand school uniform down between siblings and share bath water between more than one person. Now it may only be because I am tighter than a ... but we are probably in the top quartile of households by income but we do both those things as normal, it is hardly environmentally sound (another BBC pet issue) to throw away perfectly good clothes or for 5 people to run 10 bathfuls of water a day.....

That is seriously yuk and frankly just dumb - life is way too short for sharing bath water. I feel sick just at the thought of it...

mystic_trev

posh*spice wrote: »

That is seriously yuk and frankly just dumb - life is way too short for sharing bath water. I feel sick just at the thought of it...

I expect it depends who you're sharing the bath with

Loughton_Monkey

cynicalgit wrote: »

As night follows day bust follows boom.

Gordon Brown completely eliminated Boom and Bust. So your point is invalid.

CLAPTON

michaels wrote: »

Last piece I saw on poverty on the BBC they highlighted the case of a poor family who were forced to hand school uniform down between siblings and share bath water between more than one person. Now it may only be because I am tighter than a ... but we are probably in the top quartile of households by income but we do both those things as normal, it is hardly environmentally sound (another BBC pet issue) to throw away perfectly good clothes or for 5 people to run 10 bathfuls of water a day.....

I prefer to shower with a friend

posh*spice

mystic_trev wrote: »

I expect it depends who you're sharing the bath with

Indeed....but parents and siblings