Debate House Prices


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Milliband promises rent controls

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    edited 26 April 2015 at 8:16PM
    ukcarper wrote: »
    Talking rubbish again.

    I know you will don't accept that building more houses is the answer to a housing shortage
    and I don't expect to ever convince you

    but that's life.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CLAPTON wrote: »
    I know you will don't accept that building more house is the answer to a housing shortage
    and I don't expect to ever convince you

    but that's life.

    I do think that building more properties is the answer but I don't think enough will be built to reduce prices enough also I don't think Eds plan will help.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    thequant wrote: »
    You've shown, that people who rent properties that are bigger than their needs will struggle.


    As it should be.

    So a couple with one child hould live in what a room share.
  • thequant
    thequant Posts: 1,220 Forumite
    ukcarper wrote: »
    So a couple with one child hould live in what a room share.


    Yes, their own choice for having a child they couldn't afford.
  • cells
    cells Posts: 5,246 Forumite
    thequant wrote: »
    What amazes me about this often trotted out stat of >50% of income is spent on rent in London. Is the amount of people who live in the inner zones paying this and complaining.


    If you can't afford 50% in zones 1/2/3, then shut up moaning and move out to zone 4/5/6 where you can afford it!


    Rents in London are more than affordable if you chose your area carefully, however too many people choose to live in places they can't afford.


    It balances out

    say 4 people rent a house/flat its certainly cheaper to rent in zone 4 than zone 2 but 4 x monthly tube ticketd would cost £750pm which complete wipes out the saving of cheaper rent further out.

    Its better to just rent within walking distance of work if possible

    Per bedroom it works out to ~400pm in outer London and ~650pm in inner London
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    thequant wrote: »
    Yes, their own choice for having a child they couldn't afford.

    You really are something
  • padington
    padington Posts: 3,121 Forumite
    edited 26 April 2015 at 8:41PM
    thequant wrote: »
    You've shown, that people who rent properties that are bigger than their needs will struggle.


    As it should be.

    ... Or it's been shown that the market together with the coalition and new labour royally failed to build enough properties for the needs of the nation with their pink blue and yellow invisible hands and private landlords used this advantage to stranglehold the market to increase their wealth by 1200% to the detriment of the younger generation ?

    http://www.theguardian.com/money/2015/apr/11/buy-to-let-landlords-earn-returns-of-up-to-1400-since-1996
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • cells
    cells Posts: 5,246 Forumite
    padington wrote: »
    ... Or it's been shown that the market royally failed to build enough properties for the needs of the nation with its invisible hands and private landlords used this advantage to stranglehold the market to increase their wealth by 1200% to the detriment of the younger generation ?


    Why didn't the market fail to build in France (or even in the UK im tje 1990s) and increase its wealth by 1200% to the detriment of the younger generation?
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    padington wrote: »
    ... Or it's been shown that the market royally failed to build enough properties for the needs of the nation with its invisible hands and private landlords used this advantage to stranglehold the market to increase their wealth by 1200% to the detriment of the younger generation ?

    no, it's clearly been shown that in the period 1997-2010 the government encouraged massive immigration and allowed only a few houses to be built.
    The government between 2010 and 2015 didn't do very well either although they didn't actually encourage immigration - only allowed it.
  • padington
    padington Posts: 3,121 Forumite
    CLAPTON wrote: »
    no, it's clearly been shown that in the period 1997-2010 the government encouraged massive immigration and allowed only a few houses to be built.
    The government between 2010 and 2015 didn't do very well either although they didn't actually encourage immigration - only allowed it.

    If we don't increase our working population it will be harder to pay our national debt. If we leave the EU we will damage our economy.

    That's why both our major parties have allowed immigration to the point of political acceptability and both fought to stay in the EU.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
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