How we can fix the 'housing crisis'?

Crashy_Time

Problem with this nonsense is that it is all about supporting the existing housing bubble, too late for that now I`m afraid.

moneyistooshorttomention

marksoton wrote: »

Aye, i concur.

The shameful policy of false selling Uni to all has to stop.

The skills shortage i see at skilled trade level is shocking and it's only getting worse. And yet most of these trades can potentially earn more than graduates over a lifetime.

I started "on the tools" and progressed to management after 3 years. Most graduates/younger twenties will not accept that first stage and spend winter mornings in a muddy field.

I know a line manager who did. He ended up running a $200 million project in china on circa £125K plus benefits.

As someone who has recently seen someone she knows go off to "University" for one of the fake courses on the one hand v. the extreme difficulty my local friends and myself are having getting halfway decent properly skilled tradespeople on the other hand = I can only agree with that:T

marksoton

Person_one wrote: »

https://www.theguardian.com/money/2016/apr/27/corporate-answer-to-flatsharing-london-collective

I've said it before and i'll say it again.

London living. You're bonkers in my opinion.

Crashy_Time wrote: »

Problem with this nonsense is that it is all about supporting the existing housing bubble, too late for that now I`m afraid.

Oh do pipe down. It's getting boring now....

moneyistooshorttomention

marksoton wrote: »

Please take this message to the Vatican. Especially their workers in Africa.

Ditto - and speed up the research on the male Pill. It's long overdue for men to have that means available to them to stop women having pregnancies they haven't agreed to on them.

EDIT; Just done a quick google asking when it will be available - and it might even be as early as 2017 (in the form of an injection). At last! YAY! That will be the best news I've heard since the 1970s.

Cornucopia

Crashy_Time wrote: »

Problem with this nonsense is that it is all about supporting the existing housing bubble...

It's quite the opposite - at least according to a traditional view of economics.

The main issue with our housing market (in London, the South East and selected other hotspots) is shortage of supply - or, more correctly an excess of demand over supply.

Any new idea that either provides more supply of housing or addresses bottlenecks in the existing supply chain will, by definition, lead to a relaxation of the excess of demand over supply, leading to a reduction on the pressure behind prices.

Crashy_Time

moneyistooshorttomention wrote: »

As someone who has recently seen someone she knows go off to "University" for one of the fake courses on the one hand v. the extreme difficulty my local friends and myself are having getting halfway decent properly skilled tradespeople on the other hand = I can only agree with that:T

Yeah, but being at Uni on the lash every night beats fixing people`s toilets for a living hands down. The young are not completely stupid

Crashy_Time

Cornucopia wrote: »

It's quite the opposite - at least according to a traditional view of economics.

The main issue with our housing market (in London, the South East and selected other hotspots) is shortage of supply - or, more correctly an excess of demand over supply.

Any new idea that either provides more supply of housing or addresses bottlenecks in the existing supply chain will, by definition, lead to a relaxation of the excess of demand over supply, leading to a reduction on the pressure behind prices.

So people getting mortgages to buy rooms does this does it?

marksoton

moneyistooshorttomention wrote: »

As someone who has recently seen someone she knows go off to "University" for one of the fake courses on the one hand v. the extreme difficulty my local friends and myself are having getting halfway decent properly skilled tradespeople on the other hand = I can only agree with that:T

It's going to get worse.

I had a second year undergraduate with me this summer from a highly rated London university on what they call a " Future talent programme".

To say the man was useless would be an understatement.

No social skills
No man management skills
No technical knowledge
No desire to work a full day
No driving licence
A sense of entitlement

I could go on and on.

But that same man will be sat in a design office in a few years as a consultant earning a shed load. And i'll still be correcting his errors. Ho hum.

Cornucopia

Crashy_Time wrote: »

So people getting mortgages to buy rooms does this does it?

Well... as long as the mortgages are in addition to existing mortgage lending, and the "rooms" are in addition to existing availability of homes, then yes.

Rosemary7391

Your new point 5 OP - that's okay in rented properties where if you really don't get on with your neighbour you can just move. It isn't so trivial to do so when you own the place, it costs more, takes longer and questions about neighbours are standard. Hence why I think lenders will require a greater deposit than for a normal house, because it seems to me it could be harder to sell. I might be wrong, but ease of sale certainly needs considering.