We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
If we vote for Brexit what happens
Comments
-
-
HAMISH_MCTAVISH wrote: »Still can't see it?
The solution to a shortage of housing is to build more houses.
Simples.Turn your face to the sun and the shadows fall behind you.0 -
the population of London is about 45% foreign born
this suggests that the difficulty of UK young people being able to live in a family sized house is related to the level of immigration.
Cause and effect?
Do migrants go to location x and make it overly successful?
Or do overly successful cities and towns draw more than their share of mobile migrants?0 -
Samsonite1 wrote: »Potentially, but this includes pre-war immigrants. Historically we are probably all immigrants, but anyway - in terms of EU only 13% of the 45% are from Europe (including non-EU members) and as it is including immigrants from a long time ago, it is certainly not a problem caused by the EU specifically.
More importantly though is that 70% of houses in London are bought by investors, not immigrants - they are not the same thing as foreign investors often do not live in the UK.
The UK and London have been big net migrant exporters to the rest of the world. Its quite possible that the UK would now be in excess of 100 million people had all countries banned migration from say 1700 onward.
We effectively exported somewhere in the region of 50 million Brits and their descendants mostly to Australia and the USA but on a smaller scale all over the world.
Somewhat surprising0 -
posh*spice wrote: »In a big country simples - in a small country not so simples.
The UK is a big country
England is a big country.
London alone could and possibly would go to 15 million with the right framework.
Of course the dividing line is those like me who think this would represent a fantastic opportunity for London and the whole country and those like Clapton who can only see a dark future with no opportunity with a growing population.
I wonder sometimes what the hell is going to happen when mankind discovers the cure to ageing. We will either have people like me who will say don't worry there is a positive solution and a positive road for all things or people like Clapton who would I suppose introduce some sort of one birth one death policy.0 -
conveniently there is plenty of space in scotland to build more houses
can't understand why this doesn't solve the 'simples' issue
The UK is not one universal homogeneous jobs and housing market.
Clearly most the need is in London and the SE.
There are various ways to 'solve' this. One is to build a lot more homes in London and let them come (Brits & migrants). Another is to move out over a period of time the social tenants who have little need to be within walking distance of the three big employment hubs of Westminster City Docklands.
Of course then there is your proposal. Limit economic growth to limit prices. It will work to some extent. A 20% correction is however not going to mean a foremen or a nurse can then afford the £1.2 million terrace that used to be £1.5 million. You could keep trying to further damage the London economy to push prices down. Maybe return to the London of 20 years ago which would mean getting rid of ~1 million jobs in the capital but hey at least a nurse and firemen comboned could afford a house back then. We will however forget about the 1 million lost jobs and maybe £40 billion in lost taxes.0 -
The UK is not one universal homogeneous jobs and housing market.
Clearly most the need is in London and the SE.
There are various ways to 'solve' this. One is to build a lot more homes in London and let them come (Brits & migrants). Another is to move out over a period of time the social tenants who have little need to be within walking distance of the three big employment hubs of Westminster City Docklands.
Of course then there is your proposal. Limit economic growth to limit prices. It will work to some extent. A 20% correction is however not going to mean a foremen or a nurse can then afford the £1.2 million terrace that used to be £1.5 million. You could keep trying to further damage the London economy to push prices down. Maybe return to the London of 20 years ago which would mean getting rid of ~1 million jobs in the capital but hey at least a nurse and firemen comboned could afford a house back then. We will however forget about the 1 million lost jobs and maybe £40 billion in lost taxes.
my concern is the overall welfare of the people that live in the UK.
It probably is true, that the entire population of the world could all stand in the UK and have a little room and the result may lead to a large 'god' called GDP.
However it will not increase the welfare of the people currently living in the UK.0 -
posh*spice wrote: »Everybody wants to live in the UK because we have no guns.0
-
HAMISH_MCTAVISH wrote: »The solution to a shortage of housing is to build more houses.
Simples.
If it's so simples - why isn't it done?
Accept it : we can't build enough houses to accommodate a million extra people every three years.
You can say "simples" as much you like, doesn't make it true.0 -
If it's so simples - why isn't it done?
That's a question for those who grant (or generally don't grant) planning permission.
The fact that something isn't currently being done doesn't make it impossible.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards