Movements/Protests against house prices

davholla

Landofwood wrote: »

There is no right to home ownership. If you can't afford it, you can't afford it. Do you post the same complaints on the Ferrari message boards?

Home ownership has always been reserved for the wealthier.

House prices are only as high as they are because people can afford it. You can't. Instead of moaning about the government, how can you change things for the better to realise your home ownership dream? Work harder? Career change? More training? Think positively, rather than blaming.

That is rubbish. In my parents road in the 50s a building labourer could buy a house the same house is now £600K - do you think
that is the same price?
In my road 23 years ago you could buy on £15K p.a now it is £80K that you need.

AlexMac

dburford9 wrote: »

I just wondered if anyone was aware of any groups / movements who are against the state of current house prices in the UK?... It's time to protest... YOU ARE TAKING THE !!!!.

Interesting thread this, although it probably now belongs in the ...economy, etc... forum.
But to momentarily return to the OP's question above, I'd say that
- although the odd protest movement exists (e.g. the 'March for Homes' on London's City Hall earlier this year http://www.theguardian.com/society/2015/jan/31/hundreds-gather-london-march-for-homes-protest-city-hall-affordable-housing )
- the fact that there were only 5,000 on the streets,
- that one of its champions was Russel Brand, and
- that no-one apart from Guardian readers even heard about it (I hadn't)
there is negligible likelihood of that movement reaching a tipping point.

Most of the people in the UK are doing too well to rebel ... unlike, to take a European parallel, Spain.

We were there at the time of the regional elections in May, and the level of support for 'Podemos' a loose confederation of anti-austerity parties, meant that many people stuck two fingers up at austerity; a bit like the Greeks in the past couple of weeks; a bit incoherent, but refelcting the real pain many people are feeling.

The Mayoral Election in Madrid, for example, was won by a political novice who beat the Thatcherite Countess who had been tipped to win, by standing on a platform based on her opposition to the principle of evicting people who could no longer afford mortgages or rents... http://www.theguardian.com/world/2015/may/25/madrid-mayor-countess-communist-esperanza-aguirre-manuela-carmena

But that's little comfort for dburford, the OP, who in any cas has gone away and has probably tired of the responses so far.

'No Pasaran', as they used to say in the Civil War, eh?

Landofwood

davholla wrote: »

That is rubbish. In my parents road in the 50s a building labourer could buy a house the same house is now £600K - do you think
that is the same price?
In my road 23 years ago you could buy on £15K p.a now it is £80K that you need.

That's a nice anecdotal story, but generally you are incorrect. This has been debated many times on this forum, we can start again or you can use the search button. Either way your comments do not reflect the general state of affairs, maybe just those 2 streets ;-)

davholla

Landofwood wrote: »

That's a nice anecdotal story, but generally you are incorrect. This has been debated many times on this forum, we can start again or you can use the search button. Either way your comments do not reflect the general state of affairs, maybe just those 2 streets ;-)

Really? I just looked at a road in Manchester that I have never been to
Acacia avenue
prices are 3 times higher than 15 years ago
http://www.zoopla.co.uk/house-prices/greater-manchester/denton/acacia-avenue/?q=Acacia%20Avenue%2C%20Denton%2C%20Manchester%20M34
For one in Oxford they are 10 times
http://www.zoopla.co.uk/house-prices/oxford/acacia-avenue/?q=Acacia%20Avenue%2C%20Oxford%20OX4

Interest rates for first time buyers are not that much cheaper.

Landofwood

davholla wrote: »

Really? I just looked at a road in Manchester that I have never been to
Acacia avenue
prices are 3 times higher than 15 years ago
http://www.zoopla.co.uk/house-prices/greater-manchester/denton/acacia-avenue/?q=Acacia%20Avenue%2C%20Denton%2C%20Manchester%20M34
For one in Oxford they are 10 times
http://www.zoopla.co.uk/house-prices/oxford/acacia-avenue/?q=Acacia%20Avenue%2C%20Oxford%20OX4

Interest rates for first time buyers are not that much cheaper.

I'm not entirely sure why you think finding random streets with good HPI disproves anything I've said. Please could you elaborate?

Dird

There are protests for everything (e.g. those benefit cuts protests). It's not going to be a majority though.
Stick yourself on the other end of this scenario dburford9...imagine you just agree to buy a house for £200k then 5 years later it's only worth £150k...how !!!!ed would you be!

The only changes I wish the government would make is cancel the right to buy scheme & build more council houses but tories have just extended it and labour had 3 terms to cancel it so no chance really. maybe rip open the green belt too

davholla

Landofwood wrote: »

I'm not entirely sure why you think finding random streets with good HPI disproves anything I've said. Please could you elaborate?

You said "That's a nice anecdotal story, but generally you are incorrect."
As 3 streets I randomly found showed that prices have at least tripled then it shows my anecdote was matched by a small sample of roads.
BTW why do you think high inflation is good? Do you think it would be good if young people had to pay 10 times more to learn to drive than in the past?

Addiscomber

Surrey_EA wrote: »

Surely not less attractive than, Camberley, Redhill, Byfleet, Croydon or Addlestone?

Oy, nothing wrong with my bit of Croydon!! Seriously I don't think Croydon really counts as Surrey now, does it?

Surrey_EA

Addiscomber wrote: »

Oy, nothing wrong with my bit of Croydon!! Seriously I don't think Croydon really counts as Surrey now, does it?

No, you're probably right - I was stretching it a bit with that one!

AdrianC

davholla wrote: »

3 streets I randomly found

Except they weren't, were they?

You chose a stereotypical street name, and looked for two examples of those, in towns that you thought would suit your point. Are streets with that name randomly distributed amongst all demographic areas? I doubt it... Even if they were, how... random... that you managed to find two such stereotypically different demographic areas at random.

Perhaps a fairer way to make your point would be to look at a national house price index.

http://ons.gov.uk/ons/taxonomy/index.html?nscl=House+Price+Indices
perhaps?

Dig into those, and the "mix-adjusted" average house price in the UK in 2005 was £184k. For 2014, it was £265k.

Big rise? Yes. 44%. Oooh!

But... what of inflation? Adjust that £184k by RPI, and it'd now be £246k.
http://www.hl.co.uk/tools/calculators/inflation-calculator

So, adjusted for inflation, the national average house price has risen by a mahoosive <drumroll> SEVEN PER CENT in the last decade...