Petition to Stop 'Help to Buy'

katebl

https://www.lovemoney.com/news/64769/scrap-help-to-buy-deal-supply-not-demand-fairer-system

One of the numerous articles online about the real winners from help to buy..

Crashy_Time

POPPYOSCAR wrote: »

I would not worry.

561 signatures to date.

Probably still do better than the Property 118 lot trying to over-turn the landlord tax changes...:rotfl: At least the public have caught on to how bad an idea HTB is.

caronoel

Crashy_Time wrote: »

Probably still do better than the Property 118 lot trying to over-turn the landlord tax changes...:rotfl: At least the public have caught on to how bad an idea HTB is.

Says the 50 something male sitting alone in his bedsit, still waiting for the crash that never came

Warren Buffett could learn a few things from you

westernpromise

Crashy_Time wrote: »

Probably still do better than the Property 118 lot trying to over-turn the landlord tax changes...:rotfl: At least the public have caught on to how bad an idea HTB is.

You'd need HTB to provide 130% of the asking price for this to be worthwhile to you, Crashers....

Malthusian

Private_Church wrote: »

I agree and would also add that in Germany,Belgium and the continent in general people see buying a property as a home whereas in the UK people buy a property as an investment.

Having visited Germany a few times recently, I found their properties nice to stay in for a week via airBNB, but I would not have spent what I did on my urban terraced house in the UK to live in a grey square in a gigantic block of other grey squares. With a balcony where I can sit and look at the identical post-war Communist-built block on the other side of the giant road.

Nothing against them and each to their own, but I can see why the Germans are far less keen on owning than we are.

Tiners

HPC_Ghuol_Hunter wrote: »

Is it just me or is it not a bit sick that a collective bunch of bitter and twisted forum lunatics have gang together to propose and petition the end of the 'Help to Buy' scheme? A scheme that lifts thousands of young professionals out of their rent forever loser status into being a fully functioning member of society and homeowner? Just because a few financial idiots band together under a belief and banner of a house price crash, doesn't mean that they should have carte blanche to ruin the happiness and livelihoods of others.

http://www.housepricecrash.co.uk/forum/index.php?/topic/231179-petition-to-stop-help-to-buy/

It's beyond pathetic.

You're obviously the same poster (can't remember you're previous username) who I've advised previously to stop embarrassing yourself with your bizarre, constant obsession with HPC.

I can only guess at how precarious you're own personal circumstances must be that makes the thought of anything other than never ending, policy driven, rampant house price inflation such a terrifying and abhorrent prospect for you

My original advice still stands.

Cakeguts

Arklight wrote: »

The "baby boomers" who have stolen housing stock from the current generation should be invoiced for their Right to Buy gains.

It's awful the way that generation has appropriated the housing stock for their own financial gains.

I see this blaming the baby boomers a lot. It comes from people who want someone to blame. People who are buying under Right to Buy are not baby boomers. Baby boomers are now reaching retirement they wouldn't get a mortgage. However the biggest problem that you have with that argument is that a property that has someone living in it is not available for purchase. So whether that property is rented or belonging to the council or owner occupied it is not available for someone to buy.

Everyone has to have somewhere to live. Baby boomers born after the war are reaching retirement age but if they were living in a council house then that house would still be occupied not available for anyone else so would any bought house or any rented house. I think what you may be doing is confusing one section of the population with the fact that house building hasn't kept up with the increase in the overall population of the UK, the rise in divorce rates, and people living longer.

A couple living together in one property get divorced and then need two properties. I notice that you haven't blamed the rise in divorce rates for taking housing stock?