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Debate House Prices
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Nationwide Feb:+9.4% YoY
Comments
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Graham_Devon wrote: »Presumably you would welcome a strange family to live in your home and share the place then?
Or are you talking of this applying to others?
I would suspect a certain level of pointless sarcasm.0 -
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Graham_Devon wrote: »Presumably you would welcome a strange family to live in your home and share the place then?
Or are you talking of this applying to others?
If there's a shortage of housing and the population increases then the number of people per house must increase or the number of homeless increase.0 -
If there's a shortage of housing and the population increases then the number of people per house must increase or the number of homeless increase.
Indeed.
But that doesn't answer my question. Infact, it's a pretty pointless post to state the bleedin obvious.
I was asking those who suggest people should share, would welcome a stange family in to share their home.0 -
Graham_Devon wrote: »Indeed.
But that doesn't answer my question. Infact, it's a pretty pointless post to state the bleedin obvious.
I was asking those who suggest people should share, would welcome a stange family in to share their home.
bit of a moot point because I wouldn't allow myself to be in that position.
remember the discussion is about those who can't afford, not those who can.0 -
If there's a shortage of housing and the population increases then the number of people per house must increase or the number of homeless increase.
Or perhaps
a) We stop paying so much attention to NIMBYs and people with a vested interest in high property prices, adopt a more liberal planning system and build more houses.
b) We reduce population growth by limiting immigration.
I think we need a combination of both.0 -
Or perhaps
a) We stop paying so much attention to NIMBYs and people with a vested interest in high property prices, adopt a more liberal planning system and build more houses.
b) We reduce population growth by limiting immigration.
I think we need a combination of both.
or
c) Logan's Run0 -
Graham_Devon wrote: »Indeed.
But that doesn't answer my question. Infact, it's a pretty pointless post to state the bleedin obvious.
I was asking those who suggest people should share, would welcome a stange family in to share their home.
Those who don't want to increase their occupation density have the option to pay more for their housing.
People who take lodgers etc. tend to do so for financial reasons - that's bleeding obvious too but seems to need stating.0 -
Those who don't want to increase their occupation density have the option to pay more for their housing.
People who take lodgers etc. tend to do so for financial reasons - that's bleeding obvious too but seems to need stating.
I think that the point being raised is that TheQuant (and others here) thinks that future generations should take a major reduction in living standards in order to satisfy his desire for perpetual HPI. What a lovely view to hold.0 -
I think that the point .
I think that the point you're missing is that house prices are simply a matter of supply and demand.
Many of us observed the massive shortage of housing in the UK, predicted that would lead to profitable returns, and positioned ourselves accordingly.
And we've been right.
Prices in the UK remained high despite the worst global economic crisis in a century, and are now rising rapidly again despite heavily restricted mortgage lending far below historically normal levels, high unemployment, and low consumer confidence.
We absolutely need to see millions more houses being built in this country.
I don't agree with the NIMBY's at all.
But as long as we continue to build just a third of the houses we need, on top of an existing million house shortage, then prices must continue to rise so as to exclude sufficient people from the market and ration the limited stock of houses.
That's just how markets work....“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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