Debate House Prices


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Housing Boom on the Way....

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Comments

  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Kirstie Allsop (Location Location) put it very cogently in her recent radio interview, 7th March, about 10 mins in. This very topic as being discussed.
    http://downloads.bbc.co.uk/podcasts/radio4/satlive/satlive_20150307-1125a.mp3
    She sees massive potential for building above retail developments. She laid the blame for lack of these developments (that work so well in Europe/Asia) on our super conservative big property companies that just don't want to learn or import new ideas from abroad.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Jonbvn wrote: »
    The problem with these steps (except 4) is that you would kill the private rented sector dead. Then where would all the tenants live? In HMO's or all lodgers?
    My massive house building program would be run by the councils or housing associations. Thus 50% of the properties would be affordable rent.
    Changing the world, one sarcastic comment at a time.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    stator wrote: »
    My massive house building program would be run by the councils or housing associations. Thus 50% of the properties would be affordable rent.



    How is this going to be funded?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • padington
    padington Posts: 3,121 Forumite
    Thrugelmir wrote: »
    This is opinion not fact.

    They either have a misleading liar for a leader or its true. Perhaps you could tell me what other endevour the government has worked harder to achieve in the last five years more than rising house prices ?
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • padington
    padington Posts: 3,121 Forumite
    BobQ wrote: »
    All true but why is Cameron planning to do something positive now? A year ago he could have built more and the disposal income for those without a house has been falling for some time.

    Stimulating the construction industry could have happened before for the benefit of the wider economy. HTB was a start but what else has happened?

    Low interest rates and all these other schemes ...

    https://www.gov.uk/affordable-home-ownership-schemes/help-to-buy-equity-loans
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Cyberman60
    Cyberman60 Posts: 2,472 Forumite
    Hung up my suit!
    padington wrote: »
    They either have a misleading liar for a leader or its true. Perhaps you could tell me what other endevour the government has worked harder to achieve in the last five years more than rising house prices ?


    Your not serious, surely ? :p

    How about reduction of the annual deficit from 160 Billion to around 80 Billion, reduction of unsustainable welfare, increase in employment to the highest ever, making of the UK a magnet for immigrant labour, low unemployment (from over 7% to 5.7% in one year!!) etc. :T
  • buglawton
    buglawton Posts: 9,246 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Govt has trumpeted the above stats - that show simply that the UK is coming out of a bad cyclical recession - everywhere. That's not news and is a result of a steady as she goes policy.

    What IS worth pointing out is that there's been a secret (maybe unconscious) agenda to prop up house prices but also keep pensioners happy. It's about time we all recognised that artificially propping up house prices does nothing really productive for the UK economy, maybe it's even counterproductive.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    How is this going to be funded?
    Large initial lump sum from gov.uk followed by reinvesting the proceeds of selling off the other 50% on the open market.
    Changing the world, one sarcastic comment at a time.
  • padington
    padington Posts: 3,121 Forumite
    edited 6 April 2015 at 10:52AM
    Cyberman60 wrote: »
    Your not serious, surely ? :p

    How about reduction of the annual deficit from 160 Billion to around 80 Billion, reduction of unsustainable welfare, increase in employment to the highest ever, making of the UK a magnet for immigrant labour, low unemployment (from over 7% to 5.7% in one year!!) etc. :T

    1) Cameron didn't make the UK a magnet, it already was a magnet.

    2) The rest are effects created in most part by creating a housing boom, which the greatest effort of all has been spent to create. It was always seen as the first fire that needed lighting by Cameron and Osbawne hence the most effort was given.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Cyberman60
    Cyberman60 Posts: 2,472 Forumite
    Hung up my suit!
    buglawton wrote: »
    Govt has trumpeted the above stats - that show simply that the UK is coming out of a bad cyclical recession - everywhere. That's not news and is a result of a steady as she goes policy.

    What IS worth pointing out is that there's been a secret (maybe unconscious) agenda to prop up house prices but also keep pensioners happy. It's about time we all recognised that artificially propping up house prices does nothing really productive for the UK economy, maybe it's even counterproductive.

    Labour would have done it anyway ? :rotfl:

    Experience shows that they would have failed miserably. The UK is doing better than any developed nation thanks to the Tories and austerity, and we need more of it thanks to Labour failures last time around. :p
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