Why do you think they aren't building any? half of the MP's will have multiple houses and are probably renting them out. What incentive do they have to cut immigration or do anything that drives prices down?
Isn't a percentage of all new build developments required to be for social housing?
Planning changes would drastically cut affordable homes, councils say
Building of cheaper housing could be almost halved in some areas of England, analysis suggests
Prime real estate, dontcha knowIn Sheldon?!
Got to say I agree.Great post. Totally agree with this. Far to many people overspending on restaurant meals, trips to the pub, expensive cars, regular mobile phones upgrades etc etc the list goes on and on.
Yes the previous generations were able to get on the property ladder quicker than today. But then they didn’t spend 24/7 on crap. Their day to day life was what we would now consider dull and borning.
Answer: The UK and the rest of the world to get a grip on unsustainable population growth.
Sorted!
Answer: The UK and the rest of the world to get a grip on unsustainable population growth.
Sorted!
Haha that's more understandable. Lovely areas around there, I was about to buy a house in Formby many years ago but then met my wife and plans changed etc.Prime real estate, dontcha know
To clarify, my actual location is Southport and it’s the surrounding villages that I mention, I’m not so sure people are clamouring over the outskirts of Birmingham![]()
Prime real estate, dontcha know
To clarify, my actual location is Southport and it’s the surrounding villages that I mention, I’m not so sure people are clamouring over the outskirts of Birmingham![]()
This!Great post. Totally agree with this. Far to many people overspending on restaurant meals, trips to the pub, expensive cars, regular mobile phones upgrades etc etc the list goes on and on.
Yes the previous generations were able to get on the property ladder quicker than today. But then they didn’t spend 24/7 on crap. Their day to day life was what we would now consider dull and borning.
The outskirts of Birmingham are cheap enough. £130k gets you a decent 2 bed semi. £100k gets you a decent 2 bed flat. All within commuting distance of BirminghamPrime real estate, dontcha know
To clarify, my actual location is Southport and it’s the surrounding villages that I mention, I’m not so sure people are clamouring over the outskirts of Birmingham![]()
The outskirts of Birmingham are cheap enough. £130k gets you a decent 2 bed semi. £100k gets you a decent 2 bed flat. All within commuting distance of Birmingham.
The point is this is where you buy your first property to build equity. I couldn't afford to buy my current house with a 90% mortgage. I used equity I built by overpaying the mortgage on my previous property.
The outskirts of Birmingham are cheap enough. £130k gets you a decent 2 bed semi. £100k gets you a decent 2 bed flat. All within commuting distance of Birmingham.
The point is this is where you buy your first property to build equity. I couldn't afford to buy my current house with a 90% mortgage. I used equity I built by overpaying the mortgage on my previous property.
You will also have enough equity to move back south if you ever want to in the future too.... not that I would want to since you get SO much more in the midlands or north.Exactly, cheap houses, plenty of jobs, precisely the reason I moved up here instead of staying in Bath and whining about ridiculous house prices![]()
Isn't a percentage of all new build developments required to be for social housing?
You can think that if you like but what you're alluding to is almost along the lines of victim-blaming. Why do people keep coming out with the nonsense arguments that young people are 'spending too much on crap' when the cold hard facts show you very transparently and clearly that housing costs have risen to almost unfathomable heights and it is that that is making housing unaffordable for young people. The only people round my way that I see driving new leased cars, getting takeaways 2-3 times a week are the homeowners.Great post. Totally agree with this. Far to many people overspending on restaurant meals, trips to the pub, expensive cars, regular mobile phones upgrades etc etc the list goes on and on.
Yes the previous generations were able to get on the property ladder quicker than today. But then they didn’t spend 24/7 on crap. Their day to day life was what we would now consider dull and borning.
There's better graphs out there that show this ratio going up, up and up since the 80s but you know what I just can't be bothered because this argument is like banging your head against a brick wall.*ding ding* We have another that doesn't understand the factsCongratulations…
https://www.lloydsbankinggroup.com/.../lloyds-bank-affordable-cities-2019-final.pdf
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This generation don't care.
Previous generations bought a starter place and then moved home at least a couple of times.
I know my dad is now in his fourth home during my lifetime. I don't know how many he lived in during his childhood but I'm guessing several.
People don't want to work up the ladder they see what everyone else has and they want all of that right now.
You will also have enough equity to move back south if you ever want to in the future too.... not that I would want to since you get SO much more in the midlands or north.
(I've never lived in the south btw).