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!

Right To Buy from 2016!

12357

Comments

  • Butti
    Butti Posts: 5,014 Forumite
    Part of the Furniture 1,000 Posts
    Generali wrote: »
    All that happened though was that people moved from subsidised rent to subsidised mortgage. I have never understood why a particular group of people should be in a privileged position when it comes to renting.

    Because it makes them think more favourably towards the Government perhaps? More likely to vote that way.
    Debt LBM (08/09) £11,641. DEBT FREE APRIL 2021.
    Diary 'Butti's journey : A matter of loaf or death'.
    Diary 2 'The whimsical tale of the Waterbed of Debt'
    48% off mortgage

    'one day I will be rich and famous…for now I'll just have to settle for being poor and incredibly sexy'. Vimrod Member of MIKE'S :cool: MOB
  • pol-zeath wrote: »
    Tax payers have to subsidise many things benefits, elderly care, schools etc

    .........one Parent families.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Butti wrote: »
    The 80% affordable rent model not the housing associations. I shall find you a reference.

    Referred to in a report called 'Affordable Housing Development Models' pg.10. It also makes reference to small scale housing associations.

    Is that the reference? If so I'm not sure what the equivalence is. Otherwise I eagerly await your future post.
    Butti wrote: »
    Because it makes them think more favourably towards the Government perhaps? More likely to vote that way.

    I'm not sure pollies are that cynical.

    If you were to enter politics how would you approach things? Personally, I'd be trying to make things better for people. So how to do that?

    Make people richer. Kids better educated. Reduce crime. Healthier lives. Army & allies able to secure borders against aggression. Rule of law. Basic human rights (e.g. freedom of speech). Nice quality of life.

    I would imagine that any wannabe UK politician aged 21 would pretty much put that list up, albeit that they'd have very different ideas about how to go about getting there.
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    edited 9 October 2015 at 2:43PM
    I suppose its something to do whilst avoiding the problem... housing is overvalued and if you make it easier for people to buy overvalued homes it pushes prices up further... crazy!

    Put interest rates to 5% like in the old days (do you remember, when interest rates were variable??!!), that will make more impact and help more people than any ill thought out scheme... sorry forgot, the economy can't take it... :(
  • michaels
    michaels Posts: 29,134 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    wymondham wrote: »
    I suppose its something to do whilst avoiding the problem... housing is overvalued and if you make it easier for people to buy overvalued homes it pushes prices up further... crazy!

    Put interest rates to 5% like in the old days (do you remember, when interest rates were variable??!!), that will make more impact and help more people than any ill thought out scheme... sorry forgot, the economy can't take it... :(

    What will that acheive, more homes or fewer people? Without either or both of these we are merely talking about different ways of rationing an inadequete housing stock.
    I think....
  • wymondham
    wymondham Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic Mortgage-free Glee!
    michaels wrote: »
    What will that acheive, more homes or fewer people? Without either or both of these we are merely talking about different ways of rationing an inadequete housing stock.

    whilst yes more homes need to be built and/or less people to fill them, but will this reduce house prices? I'm not so sure .... keeping prices high seems to be government policy - I can't see that changing anytime soon.
  • MARTYM8`
    MARTYM8` Posts: 1,212 Forumite
    Eighth Anniversary 1,000 Posts
    pol-zeath wrote: »
    Tax payers have to subsidise many things benefits, elderly care, schools etc

    No problem with that - cos we may all need those things one day.

    But giving people £103,000 using taxpayers money to buy an asset – which only they will benefit from – perhaps not?!

    Can we all get given £103k by the government to buy a house?
  • MS1950
    MS1950 Posts: 325 Forumite
    Part of the Furniture 100 Posts
    Generali wrote: »
    Is that the reference? If so I'm not sure what the equivalence is. Otherwise I eagerly await your future post.

    Trying to be helpful could this be the source of the report that Butti was referring to?:

    http://chfa.com.au/resources/other-general-housing-resources/affordable-housing-development-models

    Plus the 'community housing providers' referred to in the link do appear to be very similar to UK Housing Associations.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    This is an awkward one for the 'let's build council houses crew'. Building a load of houses and giving the occupants a 20% discount at a later date is good but giving a 20% discount upfront is bad.

    Mr Muddle at his finest.

    I don't think I've seen anyone on here pro council house building who is also suggesting we should sell them off.

    Most who are saying we need council housing are saying it precisely because so many were sold off and we have such little stock today.
  • cells
    cells Posts: 5,246 Forumite
    Most who are saying we need council housing are saying it precisely because so many were sold off and we have such little stock today.


    but people say that irrespective of how many council homes there are

    I live in Hackney and not long ago half of ALL the homes in the borough were council homes (~44% now) yet there was still a waiting list of more people wanting more council homes

    You wont ever have 'enough' supply of council homes when its provided for one third the going rate even if you built five million of them
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.