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Debate House Prices


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Suggestions for controlling house price rises

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Comments

  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    CLAPTON wrote: »
    I agree that OO is better than renting
    however if we don't have sufficient housing for everyone to own then artificially trying to slant things to OO won't work as the price of renting will rise and so being a landlord will become more profitable.

    the solution is building more houses rather than increasing taxes.
    Not all of this investment property is not even rented out. Some is just sat on as HPI shows a hefty return on it's own. This has now spread beyond central London into areas like Battersea.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Bantex wrote: »
    Not all of this investment property is not even rented out. Some is just sat on as HPI shows a hefty return on it's own. This has now spread beyond central London into areas like Battersea.

    I understood the amount of empty property had fallen over the last few years
  • TickersPlaysPop
    TickersPlaysPop Posts: 753 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    CLAPTON wrote: »
    I agree that OO is better than renting
    however if we don't have sufficient housing for everyone to own then artificially trying to slant things to OO won't work as the price of renting will rise and so being a landlord will become more profitable.

    the solution is building more houses rather than increasing taxes.

    You say the price of renting will rise.... by how much? At what rate will it increase? And how do you know this?
    Peace.
  • TickersPlaysPop
    TickersPlaysPop Posts: 753 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    CLAPTON wrote: »
    I understood the amount of empty property had fallen over the last few years

    Do you have a web link to this data?
    Peace.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    CLAPTON wrote: »
    the solution is building more houses rather than increasing taxes.

    Different issues. Building more houses or not isn't going to solve the problem of the structural budget deficit.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Different issues. Building more houses or not isn't going to solve the problem of the structural budget deficit.

    true, it wouldn't solve the problems in the middle east either or those of world peace
    but building more houses will help solve the UK housing problems
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    edited 25 May 2014 at 11:30PM
    caronoel wrote: »
    Not sure I agree.

    Crude market controls would just drive money into other asset classes.
    what like investment in british manufacture and business, fuelling global growth?


    I would prefer FTSE250 investment than raw increases in asset price of an essential asset like housing.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    PaulF81 wrote: »
    what like investment in british manufacture and business, fuelling global growth?

    is there any evidence that UK industry is short of funds for investment?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    TickersPlaysPop wrote: »
    Do you have a web link to this data?

    why not try to find out the info for yourself as you are
    Here to learn more about economics and how financial systems work.... To try and make the most of what I've got for a better future, for me and everybody. Peace.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    CLAPTON wrote: »
    is there any evidence that UK industry is short of funds for investment?



    yep.


    http://www.telegraph.co.uk/finance/economics/10367229/OBR-UK-hurt-more-by-lack-of-investment-than-austerity.html
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