In Britain, Austerity Is Changing Everything (NYT Article)

Gigabit said:
Why should you have to move? People didn't used to have to move. Could it possibly be that it is harder now?
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He doesn't have to move, but if he's living in an area where lots of other people want to live and there is a finite supply of housing then that housing will go up in value. If the skills he has to offer in the work place aren't particularly sought after where he lives and there are lots of other people (whether immigrants or not :D ) able to offer those skills too then unskilled work won't likely pay much more than the bare minimum and probably won't be sufficient to pay for the finite supply of housing that others are happy to compete for too.

Yes I'm sure you can blame it all on the government if you like and that is a valid position if perhaps you desire the government to build housing for anyone who wants it etc.. or something along those lines. But back in the system we currently have with a limited supply of housing and a growing population then those are some of the reasons why the unskilled worker mentioned by foxy probably isn't going to be able to afford to buy a house by himself.
 
dowie said:
He doesn't have to move, but if he's living in an area where lots of other people want to live and there is a finite supply of housing then that housing will go up in value. If the skills he has to offer in the work place aren't particularly sought after where he lives and there are lots of other people (whether immigrants or not :D ) able to offer those skills too then unskilled work won't like either pay much more than the bare minimum and probably won't be sufficient to pay for the finite supply of housing that others are happy to compete for too.

Yes I'm sure you can blame it all on the government if you like and that is a valid position if perhaps you desire the government to build housing for anyone who wants it etc.. or something along those lines. But back in the system we currently have with a limited supply of housing and a growing population then those are some of the reasons why the unskilled worker mentioned by foxy probably isn't going to be able to afford to buy a house by himself.
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Are you seriously suggesting there’s not enough space for housing? Ever heard of the green belt?
 
I think the overall lack of credibility and accountability has really ####ed things up in the UK - and will continue to do so far into the distant future :/

There is just no long term strategy to get us out of the stagnation.

NHS is an excellent example of poor planning. state of the railways is another good example. Or transport in general

Just frustrating -_-
 
Gigabit said:
Why should you have to move? People didn't used to have to move. Could it possibly be that it is harder now?
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Hahaha are you ******* kidding me?
Of course people had to move people always had to move, especialy from dual areas with no work to cities.

How do you think we ended up with cities in the first place?

Heck london for periods of times had more deaths than births and was only increasing due to people moving there.


Moving for work has pretty much been a universal thing for folks in the country since the industrial revolution.
 
Tefal said:
Of course you can.

Move the **** out of backwater Cornwall to an industrial town/area and a house is perfectly viable on a semi skilled/skilled labourers wage.


You really need to rember your views are heavily included by your rather specific situation and location and your outright refusal to change either.
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My situation isn't specific to me by any means. That's nonsense. I look at my neighbours and in all directions grown adults are living with parents in this area. It's become fairly normal. There's 40 and 50 years-olds living with parents here. Guess we're all lazy, entitled moaners (of course!).

You saw the list of top #20 least affordable towns. The SE and the SW are heavily represented.

Should we all move up North, then? Leave Cornwall as a place exclusively for retirees and 2nd home owners?

That's the best solution we can collectively come up with? What about when that has the knock-on effect of pushing prices in the North up? Move further North? Iceland, maybe?
 
dowie said:
He doesn't have to move, but if he's living in an area where lots of other people want to live and there is a finite supply of housing then that housing will go up in value. If the skills he has to offer in the work place aren't particularly sought after where he lives and there are lots of other people (whether immigrants or not :D ) able to offer those skills too then unskilled work won't likely pay much more than the bare minimum and probably won't be sufficient to pay for the finite supply of housing that others are happy to compete for too.

Yes I'm sure you can blame it all on the government if you like and that is a valid position if perhaps you desire the government to build housing for anyone who wants it etc.. or something along those lines. But back in the system we currently have with a limited supply of housing and a growing population then those are some of the reasons why the unskilled worker mentioned by foxy probably isn't going to be able to afford to buy a house by himself.
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It's more that he lives in an area with no real industry its a holiday area if you want to work thier its gonna be service sector like a hair dresser etc.
 
Tefal said:
Hahaha are you ******* kidding me?
Of course people had to move people always had to move, especialy from dual areas with no work to cities.

How do you think we ended up with cities in the first place?

Heck london for periods of times had more deaths than births and was only increasing due to people moving there.


Moving for work has pretty much been a universal thing for folks in the country since the industrial revolution.
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Somebody is a bit angry.

People have always moved around for work. But they haven't moved because they couldn't get a house where they currently reside. This is a very new issue.
 
dowie said:
He doesn't have to move, but if he's living in an area where lots of other people want to live and there is a finite supply of housing then that housing will go up in value. If the skills he has to offer in the work place aren't particularly sought after where he lives and there are lots of other people (whether immigrants or not :D ) able to offer those skills too then unskilled work won't likely pay much more than the bare minimum and probably won't be sufficient to pay for the finite supply of housing that others are happy to compete for too.

Yes I'm sure you can blame it all on the government if you like and that is a valid position if perhaps you desire the government to build housing for anyone who wants it etc.. or something along those lines. But back in the system we currently have with a limited supply of housing and a growing population then those are some of the reasons why the unskilled worker mentioned by foxy probably isn't going to be able to afford to buy a house by himself.
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We're not all competing to own a single house each. Oh that that were the situation!

You want us to think in those terms but it couldn't be further from the truth.

I'm not competing with a skilled tradesman or a couple looking to get on the housing market.

Lols. No, not here. Here the BTL brigade have taken over the whole county. Have you seen Falmouth/Penryn? About 1/2 of all the properties in Penryn are owned by a couple of Greeks, who have literally bought up all the housing and converted most of it into student flats.

Try competing with that.
 
Tefal said:
It's more that he lives in an area with no real industry its a holiday area if you want to work thier its gonna be service sector like a hair dresser etc.
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yup, well I was sort of covering that with the whole "If the skills he has to offer in the work place aren't particularly sought after where he lives" bit, I'd wager there is still a shortage of GPs in the area just as there is in the rest of the UK but I'd also wager that if someone had say basic IT skills then they'd be better off trying to market them in a city or perhaps get a different skillset. For whatever reason Gigabit decided I was talking about greenbelt land I'm sure he can come in with a one liner like "Its the government's fault" ... I wouldn't be surprised if someone else quoted me to rant about the NHS or the Daily Mail again too.
 
FoxEye said:
We're not all competing to own a single house each. Oh that that were the situation!

You want us to think in those terms but it couldn't be further from the truth.

I'm not competing with a skilled tradesman or a couple looking to get on the housing market.

Lols. No, not here. Here the BTL brigade have taken over the whole county. Have you seen Falmouth/Penryn? About 1/2 of all the properties in Penryn are owned by a couple of Greeks, who have literally bought up all the housing and converted most of it into student flats.

Try competing with that.
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well you'll be pleased to know that the changes brought in by Osborne are starting to have a bit of an effect, BTL investors are starting to dispose of properties. I suspect though that it isn't going to get to the point where the situation of a single individual doing unskilled work is realistically going to be able to buy a home by themselves.
 
dowie said:
Where have I suggested that? You could perhaps try to engage in some form of dialogue instead of replying with one liners.
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You said there is a limited supply of housing. But that is a manufactured issue. There is plenty of space available to build houses for everyone. But that would bring house prices down which the Tories won't ever do because their elderly voters depend on increasing house prices. Personally, I think houses should be for living in and depreciation should be expected just like on any other asset.
 
Personal experience with HTB - I find it farcical that I can purchase a 2bed brand new flat, on a lease @ 99 years for 300k - but couldn't get a mortgage for a 2bed semi / 3bed semi for £250k

Im putting myself into more debt, for less. ontop of that - HTB fuels the price increases :/ what the ####. system is broken.
 
dowie said:
well you'll be pleased to know that the changes brought in by Osborne are starting to have a bit of an effect, BTL investors are starting to dispose of properties. I suspect though that it isn't going to get to the point where the situation of a single individual doing unskilled work is realistically going to be able to buy a home by themselves.
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BTL is an absolute disaster. It caused many of the housing issues we now face. But the Tories have brought in something equally as bad in HTB.
 
aowc02 said:
Personal experience with HTB - I find it farcical that I can purchase a 2bed brand new flat, on a lease @ 99 years for 300k - but couldn't get a mortgage for a 2bed semi / 3bed semi for £250k

Im putting myself into more debt, for less. ontop of that - HTB fuels the price increases :/ what the ####. system is broken.
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That's because HTB will never work and indeed won't solve the issue because as I said above, it would result in house prices dropping.

The only solution is another party. And since the only one with a chance is Labour, they have the best chance of fixing this mess.
 
Gigabit said:
You said there is a limited supply of housing. But that is a manufactured issue. There is plenty of space available to build houses for everyone. But that would bring house prices down which the Tories won't ever do because their elderly voters depend on increasing house prices. Personally, I think houses should be for living in and depreciation should be expected just like on any other asset.
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Tbh developers have to shoulder some of the blame.

Down here the Planning Inspectorate (govt planning officer) has approved on appeal many developments that the council declined to approve.

In doing so the Inspectorate stated that more houses needed to be built, and quickly, and that the council did not have a good enough plant to build them quickly.

So many planning appeals are being successful because the govt wants houses to be built.

However the developers are sitting on land and saying, "Not profitable enough for us to build." And because they sub-contract all the actual building work, they don't have to lay their own staff off; they just let the sub-contractors struggle with no work instead.

The system sucks. Developers have gotten so greedy they won't even build with guaranteed sales for everything they build down here (there are waiting lists and all housing - all of it - is bought well before it's built).
 
Gigabit said:
That's because HTB will never work and indeed won't solve the issue because as I said above, it would result in house prices dropping.

The only solution is another party. And since the only one with a chance is Labour, they have the best chance of fixing this mess.
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the thing is - most HTB would love for prices to drop - it means ultimately they owe less - as the HTB loan isn't a monetary loan - its an equity loan - which many people fail to realise.

Broken system is broken!
 
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