Debate House Prices


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Welcome to the UK

This graph highlights just how royally F'ed the younger generation are. 
I'm all for capitalism but something needs to be done to prevent impending mass homelessness / affordability. A recent survey showed that the average Brit (excluding London) on average spend 40% of their income just on rent. Is there any realistic solution here? Banning home owners from raising rent prices or house prices for 20 years is obviously not the solution... The government simply refuse to build more homes and companies refuse to increase wages. So what can realistically be done?

And no, "getting a higher paying job" is not the solution as our country needs workers to fill low skilled jobs or our country would fall apart.


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Replies

  • AdrianCAdrianC Forumite
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    Minor detail...

  • davidmcndavidmcn Forumite
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    lees80 said:
    There's a thread on here about someone who has already got their parent a CCJ by not repaying a loan they took out for them. That same poster is now wanting their parent to cough up the dollar for them to buy their first home. Talk about taking the !!!!!!.
    I think we've identified that that thread is by a wind-up merchant with previous form here - so there almost certainly is no parent, CCJ, prospective purchase, etc.
  • lees80lees80 Forumite
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    davidmcn said:
    lees80 said:
    There's a thread on here about someone who has already got their parent a CCJ by not repaying a loan they took out for them. That same poster is now wanting their parent to cough up the dollar for them to buy their first home. Talk about taking the !!!!!!.
    I think we've identified that that thread is by a wind-up merchant with previous form here - so there almost certainly is no parent, CCJ, prospective purchase, etc.
    I had wondered.  :#
  • csgohan4csgohan4 Forumite
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    tough choices need to be made, no holidays and extravagant spending and move out of London. Haven;t looked back since moving out of London, no-one has a right to live there
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • lees80lees80 Forumite
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    csgohan4 said:
    tough choices need to be made, no holidays and extravagant spending and move out of London. Haven;t looked back since moving out of London, no-one has a right to live there
    It is all about choices, isn't it. Mind you, doesn't just apply to people wanting to live in London. I work in and out of London and that suits me fine. Long term living there just wouldn't be for me. 

    Friends of ours earning the same amount of monthly household income each month, sometimes more. Live in the same part of the country. They're always moaning about being skint. Less overheads than us - and they still don't think it's the choices they make that is the problem  :| Almost become a conversation killer when one of them starts on a rant about it.
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