Are home owners happy that prices rise and price out young

floridaman

Do you people have a heart? Shouldn't owning a houses be a basic right

WestonDave

I would imagine a number of home owners (those who own a house as somewhere to live rather than as some hope of future riches) are stuck in between the rock of sympathy for those who can't afford a home and the hard place of not wanting something they've borrowed a lot of money against to devalue. In the latter instance a rise is welcome because it isn't a fall. I don't particularly see any gain in house price rises until I die in which case I won't benefit anyway! Any rise in my house price will be matched by a rise in the price of a more expensive house meaning in cash terms its further away.

PaulF81

Those Thant can't afford should look forward to pulling the NHs out from the boomers feet, just before they need it.

Bantex_2

floridaman wrote: »

Do you people have a heart? Shouldn't owning a houses be a basic right

Most people in full time employment could buy a house. Might not be what or where they prefer though.

92203

Bantex wrote: »

Most people in full time employment could buy a house. Might not be what or where they prefer though.

Might not be where there are many decent jobs either.....

sniffles

I will get shot for this... But if women demanded the right to stay at home when their children need them, then house prices would not be geared to two wages.

CreditCrunchie

Home owners per se are not the problem, that is down to the buy to let landlords who snap up absolutely everything as soon as it comes onto the market! To be fair on them, they are just putting money away for their pensions and doing what probably all of us would do if we had the chance. So who I really blame is the government.

@ Sniffles think you need to go back to the pre-1950's. Any person, male or female has the right to work or stay at home if they choose. How about the guys stay at home and the women work? By your logic that would still keep house prices lower.

sniffles

Nah, I blame us women who have shot ourselves in the foot. My Dad bought our house in the 1950's and managed to pay for it. High house prices are based on two wages, and that is a fact.
Those with money slushing about in the bank with no interest will buy property, but if women rebelled house prices would drop, children would be happy and landlords.. Would still exist.

Sibley

The young are not priced out.1 bed flat is 1st time buy.
Plenty of those around for under 100K everywhere

sniffles

CreditCrunchie wrote: »

Home owners per se are not the problem, that is down to the buy to let landlords who snap up absolutely everything as soon as it comes onto the market! To be fair on them, they are just putting money away for their pensions and doing what probably all of us would do if we had the chance. So who I really blame is the government.

@ Sniffles think you need to go back to the pre-1950's. Any person, male or female has the right to work or stay at home if they choose. How about the guys stay at home and the women work? By your logic that would still keep house prices lower.

one wage one mortgage suits me :T

purplevamp

Sibley wrote: »

The young are not priced out.1 bed flat is 1st time buy.
Plenty of those around for under 100K everywhere

NOT where I live, you can't even get a studio for that in my area.