Well, I mentioned it once (or maybe twice). I don't feel that housing is as expensive in Amsterdam as it is in London, although you're correct it looks like prices are rising fast.
LVT isn't the only solution. Really we just need to tax the **** out of landlords and investors. There are almost 20,000 empty homes in London alone for example, in reality probably more. There's numerous evidence to suggest any new development is simply bought up by investors, half rented out, half left empty to inflate in value and then sold on to the next sheikh or Russian oligarch. This has happened in London for years but these people are now seeing better returns up north. When that happens finally people might understand that we need to reform our property laws and taxation to combat it. Not to sound like a broken record, but homes should not be an investment vehicle. They should be simply homes for people to live in.
I have absolutely no issue with it, as long as you acknowledge that life dealt you a very lucky hand -- and don't imagine for any minute that you are solely responsible or in some way inherently deserving of that windfall compared to the next person.
No you're missing the point. She's entitled to put it up for sale at whatever price she wants. That is different.
I was being sarcastic and facetious
This. So much this. You can show people all the evidence and they just don't want to hear that's indefensibly harder for young people nowadays to get to where the boomers have got to. End of story. But they won't hear it.
I don't think I'm the only one who's made the connection between the boomer haves -- and the millennial have-nots
I don't know what these magic seven reasons are but perchance is one of them the cold hard fact that it might be overpriced? Or are you going to state every reason under the sun before admitting that?
I don't think I'm the only one who's made the connection between the boomer haves -- and the millennial have-nots
But for sure, I agree. We can't spend all day blaming the boomers for everything, but in a way they are part of the problem. For every capital-rich boomer who's invested in a little BTL on the side (I know plenty off the top of my head) that's taking another starter home out of the market. There's a list as long as my arm of perks that boomers had that are no longer available in life (free FE, final salary pensions, cheap housing.. just for starters). You can't blame individuals but as a collective political power they've done nothing but steamroller everything through to make sure they benefit.
I don't know what these magic seven reasons are but perchance is one of them the cold hard fact that it might be overpriced? Or are you going to state every reason under the sun before admitting that?
) and on moving there from my last house when it wasn't selling I didn't write a letter to the chancellor asking them to change the law for me, I knocked a percentage off my asking price and sold it.
