MSPs due to scrap council tenants' 'right to buy'

wotsthat

Graham_Devon wrote: »

Aye.... a mix of social, private sale and built to rent would suit all.

Let's crack on.

If significant building takes place there will be little need for social housing. Just sufficient to house the vulnerable or feeble minded.

There's probably enough already.

DaveTheMus

AndyGuil wrote: »

Good bye social mobility.

Perish the thought that someone is entirely responsible for their own 'social mobility'......I don't need Government subsidies to be socially mobile, neither should you.

IveSeenTheLight

ska_lover wrote: »

Certainly lucrative for the landlords - not so much for the families that are trapped in a cycle of paying off high rents each month, with no chance of saving up

It's an interesting concept, however you would expect that the rental of any product would be more expensive than buying.

See my thread of "Where can I live" in which it articulates both for renting and for buying.

The crux is that the best financial decision you can make is to buy a property at the earliest opportunity and then start paying down the mortgage.

You may have to readjust your expectations of where you can afford, but it will be worth it in the end.

ska_lover

IveSeenTheLight wrote: »

The crux is that the best financial decision you can make is to buy a property at the earliest opportunity and then start paying down the mortgage.
.

I think you are right, yes best choice is to buy - but coming up with the deposit in the first place can be the hard bit for many.

I haven't checked out your thread yet, but will do. Sometimes looking at different housing types etc, is not practical, i.e if you need a two bedroom place due to size of family, the furthest you could downgrade is to a flat - and that is still not cheap. People have ties to certain areas, jobs etc . There are also the other options of getting a 5% mortgage or similar schemes -so no need for huge deposits - but not something I would personally want to get into

It is certainly not easy for people attempting to get on the housing ladder, and I for one applaud anyone who manages to do it, however they do it - as there are so many who will never be able to, however hard they try - every generation is getting harder and harder to obtain the same level of wealth and things (if that is what you are into) as your parents may have had.

Good luck to everyone trying, that's what I say