I think it’s incredibly hard and often impossible for young people to get on the ladder now. It’s also not that difficult if you already have property to build up a portfolio. Furthermore, if a lot of home owners now magically lost their assets/wealth but kept their jobs, they would be in exactly the same position as the first group above as in forced to rent without a hope in hell of buying property. Therefore policy rightly should aim to give first time buyers an advantage and us homeowners should count our blessings the market has been exceptionally kind to us since the GFC. I’ve always thought allowing banks to relax lending requirements for first time buyers might be a good solution.
And boomers wonder why millennials are bitter towards them..
- Thread starter Scam
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I blame Health and Safety
Permabanned
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yeah we just have to wait for the parents to die huh?
Remember that BBC show " Young dumb and living with mum " then what happened after that to change the BBC?
Remember that BBC show " Young dumb and living with mum " then what happened after that to change the BBC?
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Many years ago, as an impressionable youth, I was given a book called "Away With All Pests" (LINK) written by an English Surgeon called Dr. Joshua Horn. Dr. Horn worked in China in the 50s and 60s at the time of Mao Zedong, the Cultural Revolution and the Great Leap Forward. He advocated a policy of paying everyone the same amount, pretty much regardless of their training, education and type of work.
As a social experiment his ideas appear not to have taken off. However, it could be argued that the lot of the average person in China has improved enormously as a result of some of Mao's ideas.
Perhaps the comment amongst all these pages with which I agree most is the suggestion that the country would be better and fairer all round with the return of Council Housing and the end of "Right to Buy" . . . and sell on or rent out at a profit
As a social experiment his ideas appear not to have taken off. However, it could be argued that the lot of the average person in China has improved enormously as a result of some of Mao's ideas.
Perhaps the comment amongst all these pages with which I agree most is the suggestion that the country would be better and fairer all round with the return of Council Housing and the end of "Right to Buy" . . . and sell on or rent out at a profit
Soldato
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There's some proper nutters on this forum (not knocking - it's good there's a diverse membership)
But I do have to wonder how much reality some our more socialist members have experienced - or how much history that's been studied. There's plenty of reasons why the world's not chocked full of extremely successful communist nations - and sabotage by the evil and corrupt western capitalists is not the reason there aren't any on the list...
But I do have to wonder how much reality some our more socialist members have experienced - or how much history that's been studied. There's plenty of reasons why the world's not chocked full of extremely successful communist nations - and sabotage by the evil and corrupt western capitalists is not the reason there aren't any on the list...
I do wonder how many are paid stooges of Russia and China spreading their usual brand of misinformation.
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all over my head woosh
I do feel for the younger generation trying to get on the property ladder, prices are ridiculous.
Bought my first house in 84 for 23,000 but that wasn't easy, I was earning £100 per week and the mortgage interest rate was 17%
At the time I had a few friends that were in negative equity
Bought my first house in 84 for 23,000 but that wasn't easy, I was earning £100 per week and the mortgage interest rate was 17%
At the time I had a few friends that were in negative equity
I will counter by saying that too many of our members here would look at Germany and see the evils of socialism, rather than a model we could adopt here
A number have/will argue against regulation of the rental market. See [redacted]'s famous post: "It's MY house, why should the renters have rights? They just live in MY house."
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Soldato
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His house it may be, but it's the renters home
He was quite upset when people suggested that the people renting his house should have any say in anything, and that he shouldn't be able to evict them on a whim at basically no notice.
Because, it's his house. What else is there to think about?
Soldato
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I think you'd find a lot of support here for social spending and policies like some of our northern european neighbours have achieved - but I would think support for going full commie is zero, this is more what I was aiming my post at (see post #958 for example!)I will counter by saying that too many of our members here would look at Germany and see the evils of socialism, rather than a model we could adopt here
I hope you're right, but the evidence of my eyes suggests there are a lot here who like the status quo.
Soldato
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Theyre probably just being more pragmatic - short of a revolution / huge economic shock the housing market we have now will not likely change quickly.
Best just crack on with it and have a slice of the action for yourself - it just takes a few years unless you've got help from somewhere. Yes it takes longer now than it used to - but none of us can just magic up the housing stock the UK is missing that might help satisfy demand at an affordable price.
Also yes - not everyone can do it, which is unfortunately just the way life is.
I was thinking more about things like tenants rights, which require only the political will to enhance.
Forget fixing the housing market - if things get worse we'll have more renters, and more demand for renters rights. Just copying the German model for instance wrt to enhanced tenant rights would be a huge, positive step.
But even that is controversial in this country (and on this forum), where tenants rights are seen as an affront to the rights of the landlords to do as they please.
£200 a day for a plasterer is good value if he works fast and accurately. Most employers are quite willing to pay a good rate if the employee does good work. Personally if I wanted a room plastering I would be happy to pay a professional rate than to do it myself and taking three times as long for a lesser quality finish. Also that is only £25 per hour so less than many skilled trades.
Caporegime
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I will counter by saying that too many of our members here would look at Germany and see the evils of socialism, rather than a model we could adopt here
A number have/will argue against regulation of the rental market. See @Psycho Sonny 's famous post: "It's MY house, why should the renters have rights? They just live in MY house."
I'd like to see that quote please otherwise apologise for lying.
I have never ever said that.
I'm all for their rights. In fact they have a lot of rights where I am based. I am a properly fully registered landlord within each district council and for each individual property.
I fully expect you now to ignore your mistake and forget to apologise. Which shows renters like yourself are extremely selfish beings who don't care about the facts.
Caporegime
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Again link to direct quote please otherwise apologise for spreading lies.
Indeed I was paying £200 a day 20 years ago for a **** hot plasterer. Nowadays it will be around £400 a day for a really good decent one. Good bricklayers round here earn £80k to £100k. I just dont see why a binman should get the same and if he did, how would it get paid?