Renters pushed to breaking point as Britain's selfish homeowners gloat their hands

ruggedtoast

ukcarper wrote: »

They should have thought about that before starting family. If they are in their forties they could have bought when prices were much lower. I don't think saving is an issue if you are determined you can save I know people who have. The issue is earning enough to get that £325k mortgage but if they are they could save.

Yes. God forbid poor people who aren't like you might be allowed to have families too.

Better they all die out because they can;t afford 1/3 of a million quid for a 2 bed house.

Nice.

ukcarper

ruggedtoast wrote: »

Yes. God forbid poor people who aren't like you might be allowed to have families too.

Better they all die out because they can;t afford 1/3 of a million quid for a 2 bed house.

Nice.

What's wrong with starting to save in your 20s and if they want to work in London they can commute and get a 3 bed for a lot less than 1/3 of a million.

I'm not sure what your problem was but my kids and their friends who are in their 30s and 40s have managed to buy and have kids.

chucknorris

ruggedtoast wrote: »

Yes. God forbid poor people who aren't like you might be allowed to have families too.

Better they all die out because they can;t afford 1/3 of a million quid for a 2 bed house.

Nice.

Owning a £333k house isn't a right, it is a privilege, and there are plenty decent homes that can be bought for far less, which are within commuting distance of London.

greensalad

ukcarper wrote: »

What's wrong with starting to save in your 20s and if they want to work in London they can commute and get a 3 bed for a lot less than 1/3 of a million.

Please, where? Can you show me one of these properties? I'm looking for one myself.

WestonDave

Trouble is neither one extreme or the other is entirely true.


It is the case that house prices have risen faster than wages.


However it is also true that peoples choices have changed. So at a time when house prices are getting less affordable, people want to spend less of their wages on housing because they want other things in life as well. My parents bought their first house with no TV in the house, an old secondhand car and a week away at Easter in a cheap self catering cottage (out of season rates). Now most people would regard 2 weeks abroad on holiday, at least one relatively new car, two mobile contracts and some form of pay TV as being the minimum acceptable living standard. So whilst the cost of saving up for a deposit has undoubtedly risen - at least part of the problem is that people spend more on other things before having something left to save.


Another thing we also need to deal with is the South East concentration of jobs and people. We've seen in recent years pressures on water supplies - land is obviously in relatively short supply and yet we continue this mad focus on doing everything within 20 miles of London, whilst in Birmingham, Manchester and Newcastle, there are resources to spare and with current technology no reason why many jobs couldn't be done there. We need to spread the load a bit better.

ukcarper

greensalad wrote: »

Please, where? Can you show me one of these properties? I'm looking for one myself.

http://www.rightmove.co.uk/property-for-sale/property-52705955.html

http://www.rightmove.co.uk/property-for-sale/property-52086749.html

ShAnE

ruggedtoast wrote: »

NIMBYs must be overruled. Britain needs buy to let landlords like it needs another bout of Black Death.

Actually a good round of black death would help a lot of renters as we'd suddenly have a lot of empty homes and a lack of people to fill them.

If you have 100 homes for sales and only 95 buyers you'd bet the prices would be a lot lower than if those 100 homes had 950 potential buyers.

HAMISH_MCTAVISH

mwpt wrote: »

Righto then. If I have the cash, can I pick a bit of land somewhere and go build my own home, like I could do in so many other countries?

Yes.

Provided planning permission can be obtained for it.

Or you could just pick one of the 300,000+ plots already in existence with planning permission and have a house built on it.

ShAnE

ukcarper wrote: »

http://www.rightmove.co.uk/property-for-sale/property-52705955.html

http://www.rightmove.co.uk/property-for-sale/property-52086749.html

I do hope those working in London work next to Waterloo otherwise 45 minute walk to the station + 45 minute train ride means most people would be looking at a 4 hour commute each day by the time they've reached their central London destination.

I think i'd much rather have been working in the 60's where everyone walked 5 miles in the snow to get places, as at least that didn't cost anything, and wouldn't take quite as long.

lisyloo

Yes. God forbid poor people who aren't like you might be allowed to have families too.

I don't think it's a god given right to expect a family home in central london.
Why can't they get on the train/bus like everyone else?