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!

The government will now GIVE you 20% of your deposit

17891012

Comments

  • ViolaLass
    ViolaLass Posts: 5,764 Forumite
    The only advantage of a well-educated populace these days is a chance of a discussion about Plato with the burger flipper.

    And the fact that it makes it easier to change careers, which is a good thing since careers are no longer for life. That's good for the individual AND the economy.
  • setmefree2
    setmefree2 Posts: 9,072 Forumite
    Mortgage-free Glee!
    the new mantra is surely 'Aspire, Perspire, Expire'.

    When wasn't life like this ? Why did you think life would be any different for you? Because you're entitled?
  • padington
    padington Posts: 3,121 Forumite
    Don't have kids, life's a breeze without those little life stealers.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    padington wrote: »
    Don't have kids, life's a breeze without those little life stealers.

    But if no one has kids who is going to live in those flats in Dagenham that are projected to cost £25 million on current growth rates in 20 years time.:D
  • Does giving people 20% of their deposit money do anything to prevent houses inflating above wage inflation?

    No

    Again yet another fail from government on housing policy.

    We deserve better, but who do we vote for to bring about real change in this country? Some incorrectly think UKiP...
    Peace.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Does giving people 20% of their deposit money do anything to prevent houses inflating above wage inflation?

    No

    Again yet another fail from government on housing policy.

    We deserve better, but who do we vote for to bring about real change in this country? Some incorrectly think UKiP...

    they aren't being give 20% of their deposit : they are being given a maximum of £3,000 each

    it is a mad and bad proposal as most demand side actions are.

    building lots of properties has not been popular amoungst voters : an unfortunate side effect of democracy
  • CLAPTON wrote: »
    they aren't being give 20% of their deposit : they are being given a maximum of £3,000 each

    it is a mad and bad proposal as most demand side actions are.

    building lots of properties has not been popular amoungst voters : an unfortunate side effect of democracy

    Explaining the root cause of house price inflation was cowardly side stepped by sucessive governments. They lead us all to believe it was a good thing which was even worse in my book.
    Peace.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Explaining the root cause of house price inflation was cowardly side stepped by sucessive governments. They lead us all to believe it was a good thing which was even worse in my book.

    Not many of us expect the government to explain things that are electorally disadvantageous.

    anyone that can read a serious newspaper understands the need to build more houses and knows that local democracy will often oppose this.

    only the very foolish believe that high houses prices are a good thing for 'society' even if being a good thing for themselves personally
  • System
    System Posts: 178,355 Community Admin
    10,000 Posts Photogenic Name Dropper
    CLAPTON wrote: »

    only the very foolish believe that high houses prices are a good thing for 'society' even if being a good thing for themselves personally

    In a free market economy high prices of something indicate
    a) that that commodity is greatly in demand
    b) that there is insufficient supply
    c) that there should be a stimulus for entrepreneurs to supply that demand.

    High prices are therefore a good thing in pointing the way towards the solution - more and cheaper houses in the areas of greatest demand.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    In a free market economy high prices of something indicate
    a) that that commodity is greatly in demand
    b) that there is insufficient supply
    c) that there should be a stimulus for entrepreneurs to supply that demand.

    High prices are therefore a good thing in pointing the way towards the solution - more and cheaper houses in the areas of greatest demand.


    the high prices show a dysfunctional market and as such is bad for society
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
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.8K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.5K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K 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.