Suggestions for controlling house price rises

CLAPTON

Thrugelmir wrote: »

So these indicators alone mean that the UK's structural problems are permanently fixed?

what structural problems?

nothing is ever permanently fixed.

Thrugelmir

CLAPTON wrote: »

what structural problems?

nothing is ever permanently fixed.

Same problems as the UK has faced for some years now.

Perhaps not. However could be in a far far better state to withstand external shocks to the economy.

CLAPTON

Thrugelmir wrote: »

Same problems as the UK has faced for some years now.

Perhaps not. However could be in a far far better state to withstand external shocks to the economy.

what are the structural problems?

are they the problems that make the UK one of the richest countries in the world or are they different?

jamesmorgan

IveSeenTheLight wrote: »

I'm not convinced this will be the case.

As prices rise, it becomes a better investment opportunity.

You could find investors buy property, demolish and build higher to increase properties per square foot print.

Essentially if you like similar to New York Style skyrises.

If an investor can buy a plot, demolish and build for say 10's of millions but then creates a return of 100's millions for the same footprint, then it will be viable to build upward on land which already has been approved for residential accommodation.

The question is whether people want to live in skyscrapers or prefer to keep the Victorian houses etc

Left to market economics I'm sure that that would be the case. However, the government control this through planning permission. It remains to be seen which way they will go. Ultimately it will be determined by whichever option delivers the most votes. I find it difficult to call what that would be.

antrobus

IveSeenTheLight wrote: »

.....Bear in mind that the population has increased from 56.284 million in 1980 to 63.705 million in 2012, then there is an additional 500,000 rental properties for the increase in population of 7.5 million.....

It's also worth bearing in mind that the UK population in 2001 was 59 million. The rate of increase in the years 1980-2001 was of the order of 130k per year, the rate of increase since 2001 was three times that level.

Thrugelmir

CLAPTON wrote: »

what are the structural problems?

are they the problems that make the UK one of the richest countries in the world or are they different?

Budget deficit and consumer debt. To name two.

Balance of trade figures suggest that the UK is far from rich. There's only so much family silver to sell off.

Cornucopia

Which is why the Govt will be very reluctant to do anything to restrict foreign capital coming in to purchase property.

CLAPTON

Thrugelmir wrote: »

Budget deficit and consumer debt. To name two.

Balance of trade figures suggest that the UK is far from rich. There's only so much family silver to sell off.

why is debt bad?
why do your resent people buying their own property using debt ?

trade figures show that UK generates a lot of new businesses that foreigners want to buy into; why is that bad?
would you prefer our businesses were rubbish that no-one thought worth buying?

why are trade figures an indicator of rich/poor?


which countries do you admire that are so much better than the UK?

TickersPlaysPop

A big thank you to iveseenthelight for all of the data

When I get time I'll read all the posts and respond. Many thanks again.

antrobus

CLAPTON wrote: »

why is debt bad?....

Too much debt is definitely bad. As we have seen.

CLAPTON wrote: »

.why are trade figures an indicator of rich/poor?

Countries are just like people, an excess of expenditure over income can only be financed either by borrowing or selling assets. Eventually you will run out of assets to sell or the capacity to repay the borrowings.