I wouldn't bother, they can't grasp the basic economics around this subject.
What? Lining your pockets?
I wouldn't bother, they can't grasp the basic economics around this subject.
but the value of their home being worth less means they will want to spend less on those services.
Not enough profit in it, eh?I wouldn't bother,
except it didn't - home ownership was less in the 60s than todayHere's a wild idea: the country, for a start.
We did it after WWII, when we were poor as p!zz.
Do it enough, and reduce the prices of the much of the rest of the housing stock.
I'm trying to understand how you will get people to:It's all about the numbers for you, isn't it?
nope - I rent my property at below market value.It's all about the numbers for you, isn't it?
I'm happy for prices to remain static for a couple of decades so that wages can catch up.except it didn't - home ownership was less in the 60s than today
I'm trying to understand how you will get people to:
1 - build a house that will fall in value
2 - buy a house that will fall in value
because you "advocate the building of thousands...millions of homes so that the bottom falls out of the market".
except it didn't - home ownership was less in the 60s than today
I'm trying to understand how you will get people to:
1 - build a house that will fall in value
2 - buy a house that will fall in value
because you "advocate the building of thousands...millions of homes so that the bottom falls out of the market".
How are we going to achieve static prices for 20 years?I'm happy for prices to remain static for a couple of decades so that wages can catch up.
Do you think the average property, in mortgage terms, should be no more than 3x average salary? So £105k to buy?It's not solely about ownership; it is about affordability (be that renting, or buying).
If the country is building for people to live in them, it is no more relevant that profiteering from clean water.
If you're buying to live it, it is not relevant.
That didn't work very well tough did it, concrete prefabs that you cant get a mortgage on now or RAKHere's a wild idea: the country, for a start.
We did it after WWII, when we were poor as p!zz.
Do it enough, and reduce the prices of the much of the rest of the housing stock.
We could start by building more homes, or give it a shot at least.How are we going to achieve static prices for 20 years?
Still being bought and sold today, incredibly.concrete prefabs that you cant get a mortgage on now or RAK
I'll ask you the same question, do you think the average home should be priced at no more than 3x average salary?We could start by building more homes, or give it a shot at least.
Or less?I'll ask you the same question, do you think the average home should be priced at no more than 3x average salary?
Do you think the average property, in mortgage terms, should be no more than 3x average salary? So £105k to buy?