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Debate House Prices
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Supply isn't the problem, we have a surplus of housing
Comments
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Britain has the smallest houses in europe. There are many 'spare bedrooms' that aren't fit to keep a hamster in. So it may seem houses are under occupied, but most aren't.
Building masses of bigger houses is the answer. Will increase living standards across the board.Changing the world, one sarcastic comment at a time.0 -
But the banks will only lend about 4-5x income max and the BTL crew are limited by rental cover.
In expensive places like walthamstow and much of London the BTL crew are driving prices and whats driving their ability to bid more are increasing rents
Don`t forget the increasing tax that is forcing them to increase rents even more again.....where will it end.........:rotfl:0 -
That is BS
The reason there are few homeless is because price rations demand and supply.
You have 30 year olds 40 year olds living in their childhood bedrooms.
You have grown adults living like students in shared homes 5-10 to a house.
You have the growth of the HMO sector
You have sheds in beds
If you knock down 150,000 homes over the course of a year rather than build 150,000 a year. The result would not be homelessness. The result would be higher rents and higher prices so people cram in more. You could keep knocking down 150,000 homes every year for 10 years and there would be little homelessness
Yawn...........0 -
Crashy_Time wrote: »Yawn...........
Congratulations on making the most pointless post of the day.0 -
Crashy_Time wrote: »Yawn...........
you do yourself no favours crashy but i still wish you the best
goodnight0 -
Britain has the smallest houses in europe. There are many 'spare bedrooms' that aren't fit to keep a hamster in. So it may seem houses are under occupied, but most aren't.
Many people in Europe don't even live in houses, small or large. City dwellers tend to live in flats – certainly in central and eastern Europe – and these are often small, and rented.0 -
Many people in Europe don't even live in houses, small or large. City dwellers tend to live in flats – certainly in central and eastern Europe – and these are often small, and rented.
Most the people from the continent I know who work here comment on how small and poorly maintained the houses are here. Which gets us back to the original problem. It's difficult to find a single bedroom property which has a proper lounge and kitchen, and a two bedroom property which has room for a dining table. That's partly why people buying have more bedrooms than they need.....to get the ground floor space."Real knowledge is to know the extent of one's ignorance" - Confucius0 -
...and so it will remain as long as any neo-liberal government remains in power, whatever they are called.
Why, want are you suggesting that some future anti-neo-liberal government should do?...but we can agree that Monbiot is one the biggest idiots on the planet
That he is.:)0
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