Is it PotG?
Thrifty non-licker
Which is how the property market works.Moving up the ladder, you said.
Which is how the property market works.Moving up the ladder, you said.
I know half a dozen youngsters who have bought their own homes in the last 6 years, in Sussex. It’s not impossible.Where would the deposits and income multiples come from?
They gained money to be able to move up. They bought subsidised housing and made money.Which is how the property market works.
So where is the problem?I know half a dozen youngsters who have bought their own homes in the last 6 years, in Sussex. It’s not impossible.
Having paid a fortune over many, many years in rent.They gained money to be able to move up. They bought subsidised housing and made money.
I take it that you rent your house.
Like Pottymouth Ange?They gained money to be able to move up. They bought subsidised housing and made money.
Well bully for you, some aren't so fortunate.Why would I rent my house ?
I bought my house on the private housing market at full market value. I certainly wouldn't buy social housing at a discount, stitching up those who desperately need social housing to 'move up the ladder' and make myself money
That depends on the area. Places like Cornwall, Devon, Lake District, etc would enable locals to buy.How far do you imagine prices would fall?
10%, 50%, 75%?
Having paid a fortune over many, many years in rent.
Problem?
Please explain o learned one.I think you somewhat misunderstand the purpose of social housing and how it was always set up to keep rents down
No answer then?That depends on the area. Places like Cornwall, Devon, Lake District, etc would enable locals to buy.
The ridiculous thing is youngsters are paying £1100 a month in rent, but banks wont give them a mortgage which would cost the same.
You tell me, or rather don’t bother with your trite one liners. I simply said it’s not impossible for young couples.So where is the problem?
I agree, hard work and it can be done.....t’s not impossible for young couples.
Fortune in rent. Council house.Having paid a fortune over many, many years in rent.
Problem?
How far do you imagine prices would fall?
10%, 50%, 75%?
Please explain o learned one.
Who was this ‘someone’ that you speak of?It was originally set up and ran for a good few decades in order to help people who were poorly paid, to keep a roof over their (and their kids) heads and rents were far lower than the private sector.
Then someone thought 'if we sell off all this social housing at a hugely subsidised rate, there should be enough people about, only caring about themselves, to make this work'.
And that's (together with a few other supporting reasons) is why we are here today with a huge shortage of social housing and property prices soaring skyward
(I kept it short and simple as I'm aware of your attention span).
Yeah but that’s fine because each one the council sold they replaced by building another one so that’s all good.It was originally set up and ran for a good few decades in order to help people who were poorly paid, to keep a roof over their (and their kids) heads and rents were far lower than the private sector.
Then someone thought 'if we sell off all this social housing at a hugely subsidised rates, there should be enough selfish people about, only caring about themselves, to make this work' and just in case, we won't let the very small profits from the sales to be used to build more social housing.
And that (together with a few other supporting reasons) is why we are here today with a huge shortage of social housing and property prices soaring skyward
(I kept it short and simple as I'm aware of your attention span).
Exactly. It wasnt as if each one the council sold for less than market value they then weren't allowed to use that money made to build more social housing either.Yeah but that’s fine because each one the council sold they replaced by building another one so that’s all good.