We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

C4 Dispatches - The British Property Boom

2456726

Comments

  • jjlandlord
    jjlandlord Posts: 5,099 Forumite
    Houses should be for homes, not profit.

    Stop commercial investment in residential property NOW.

    Stop non UK passport holders from buying residential property NOW

    Shave your head and wear an orange bed-sheet NOW
    Councils can use the pension fund money to reduce the risk for the bankers to fund house building

    True. Bankers should be kept safe while pensioners (present and future) should bear all the risks!
    CLAPTON wrote: »
    Peoples of the UK are the envy of most people in the world.

    Indeed, and there is quite some human trafficking to satisfy the demand for genuine 'persons of the UK' worldwide.
  • Wheezy_2
    Wheezy_2 Posts: 1,879 Forumite
    Stop non UK passport holders from buying residential property NOW
    As a non UK passport holder, why should I not be allowed to buy a home?
  • jjlandlord
    jjlandlord Posts: 5,099 Forumite
    Wheezy wrote: »
    As a non UK passport holder, why should I not be allowed to buy a home?

    We've found one! Catch him!

    https://www.youtube.com/watch?v=GEStsLJZhzo
  • lukeh23
    lukeh23 Posts: 207 Forumite
    Wheezy wrote: »
    As a non UK passport holder, why should I not be allowed to buy a home?

    I think no-one should stop you from buying a home, where you live.

    Its more using property as an offshore investment. That is morally repugnant while we have such a shortage of housing.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    lukeh23 wrote: »
    I think no-one should stop you from buying a home, where you live.

    Its more using property as an offshore investment. That is morally repugnant while we have such a shortage of housing.



    We have a housing shortage because we don't build enough properties.
    There seems little 'moral' difference between a let property that is UK owned or overseas owned.
  • Linton
    Linton Posts: 18,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    CLAPTON wrote: »
    We have a housing shortage because we don't build enough properties.
    There seems little 'moral' difference between a let property that is UK owned or overseas owned.

    Indeed.

    And its not just moral......

    Assuming that the foreign owned homes are rented out, if foreign ownership was banned there would still be the same number of people chasing the same number of homes. So there would still be the same number of people who couldnt afford the home they wanted.

    Actually things may be worse: it is reasonable to believe that reneted property has a higher population density than owner occupied. So allowing owner occupiers to buy the currently foreign owned rented property would reduce the number of available homes.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Linton wrote: »
    Indeed.

    And its not just moral......

    Assuming that the foreign owned homes are rented out,.........

    many are bought and left empty because second hand used are worth less than second hand unused.
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    All new house built with basements would increase the liveable available sq footage
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    many are bought and left empty because second hand used are worth less than second hand unused.



    it would be interesting to know how many new properties are built and kept in pristine unused condition hoping for future capital growth


    it would be interesting to know how many new properties wouldn't have been built except for overseas funding
  • thequant
    thequant Posts: 1,220 Forumite
    Wheezy wrote: »
    As a non UK passport holder, why should I not be allowed to buy a home?

    Ignore the racists on this thread, it's common for a minority of people in this country to blame immigrants for stealing jobs and homes.

    The vast majority of these racists have low IQ's, which is the primary reason for their failure in life to secure a decent paying job and a nice home.

    The problem with thick people, is that they are to thick to realise they are just thick.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.