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Debate House Prices
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The silver bullet to fix the housing market
Comments
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you don't know a single person that works their figures to the bone
nor do you know a single person with an intergenerational mortgage
Do you know me?.... I don't think you do.
People need to realise that this 'free market' housing market doesn't work on simple supply/demand.... houses are not a pair of jeans ..... Houses are not simple commodities.... when houses get too expensive they won't necessarily reduce in value or stop increasing.... hence intergenerational mortgages.....
If the BOE is forced to keep interest rates low for what ever reason.... houses could keep increasing in value.... And never drop or correct.... Leaving us with massively high value houses.... solution.... Intergenerational mortgages....Peace.0 -
TickersPlaysPop wrote: »Do you know me?.... I don't think you do.
People need to realise that this 'free market' housing market doesn't work on simple supply/demand.... houses are not a pair of jeans ..... Houses are not simple commodities.... when houses get too expensive they won't necessarily reduce in value or stop increasing.... hence intergenerational mortgages.....
If the BOE is forced to keep interest rates low for what ever reason.... houses could keep increasing in value.... And never drop or correct.... Leaving us with massively high value houses.... solution.... Intergenerational mortgages....
what I do know is that you less than truthful as
you don't know a single person that works their figures to the bone
nor do you know a single person with an intergenerational mortgage0 -
what I do know is that you less than truthful as
you don't know a single person that works their figures to the bone
nor do you know a single person with an intergenerational mortgage
I know of a family that had to sell up their house and move to rented out of town due to one of the couple losing work... they are a family of 4 .... an example of a hard working family suffering from the tough times.
Intergenerational mortgages do not exist in the UK ..... YetPeace.0 -
TickersPlaysPop wrote: »I know of a family that had to sell up their house and move to rented out of town due to one of the couple losing work... they are a family of 4 .... an example of a hard working family suffering from the tough times.
Intergenerational mortgages do not exist in the UK ..... Yet
so from your personal knowledge there is only one family that is suffering hard times.
Whilst this is sad for that family it does say what a wonderful country you live in that keeps disadvantage to such low numbers.
Maybe you could celebrate this country and it's generosity to the poorer people especially now that the economy is growing strongly again.
we do of course need to build more houses but sadly everywhere there are people trying to stop this.0 -
Does something seem not quite right about this? Our governments have been standing idle allowing this crazy free market housing system to continue into a socially devisive mess which we are all now stuck in.
How anyone can call the housing market a free market is beyond me. It's one of the most artificial markets there is in the UK, probably beaten only by agricultural produce and fish.
Supply is almost entirely controlled by government planning permission, almost to Stalinist levels of central planning.
Just take a look at the document below as an example. Where else do you hear phrases like this in free markets:
"The summary outlines total potential capacity identified in the 2012 SHELAA over a 15 year period (2011-2028), as well as total potential capacity over the Core Strategy plan period to 2026."
From this sort of genius bureaucracy, you can find out that this council need precisely 2823 homes per year until March 2026. Reassuring no?
http://www.google.co.uk/url?url=http://www.elmbridge.gov.uk/Elmbridge%2520Borough%2520Council/Planning/SHELAA2012ExecutiveSummary.pdf&rct=j&frm=1&q=&esrc=s&sa=U&ei=PYO1U5n6Lubt0gXqzoG4BQ&ved=0CBQQFjAA&usg=AFQjCNH81ni0RoEfpicUECyrjUR6gObVjw0 -
clarity of thought is always an excellent objective.
for the sake of clarity I am arguing that we need more houses to meet the wants of the people.
That will always be the case. I suspect that most people would have a slight preference to have a bigger house than they now have.
I do wonder, those who are unhappy with the prices, are they doing as much themselves to sort the problem as they are urging the government to do? We seem to have an issue nowadays with people not wanting to take responsibility for their own situation.
Years ago I noticed that I had little money, and would likely stay that way if I did not act, so I went off and acquired the skills that let me rent my time out at a good rate. I realised that I could use the money so gained to get a nice house.
Some in this discussion seem to have taken a different route, to kick back a bit, and see how the future works out without decades of working hard and thoughtfully to be where they want to be. They seem, almost, to want the same standard of living as people who actually worked as hard and as intelligently as they could towards their goals.
That seems strange to me.0 -
That will always be the case. I suspect that most people would have a slight preference to have a bigger house than they now have.
I do wonder, those who are unhappy with the prices, are they doing as much themselves to sort the problem as they are urging the government to do? We seem to have an issue nowadays with people not wanting to take responsibility for their own situation.
Years ago I noticed that I had little money, and would likely stay that way if I did not act, so I went off and acquired the skills that let me rent my time out at a good rate. I realised that I could use the money so gained to get a nice house.
Some in this discussion seem to have taken a different route, to kick back a bit, and see how the future works out without decades of working hard and thoughtfully to be where they want to be. They seem, almost, to want the same standard of living as people who actually worked as hard and as intelligently as they could towards their goals.
That seems strange to me.
whether you are wrong or right, our housing problems are self inflicted: there is no particular virtue to living in a small house when we have sufficient resources to build better.0 -
whether you are wrong or right, our housing problems are self inflicted: there is no particular virtue to living in a small house when we have sufficient resources to build better.
Do we have sufficient resources? What particular resources did you have in mind? We are already apparently facing a brick shortage.0 -
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