Housing Crisis

[Bigjeeze]

What do you think about:

 

Houses being built - Do we need them ?

 

Prices - What should we do?

[seatkid]

Build em all on green belt land and not in my back yard (too late - the barstewards are doing that already and making my life a misery). Currently land speculation is the developer's and local government's pig trough.

 

Ban anything above 2 stories high and anything that doesnt have a correctly proportioned rectangular plot.

 

House prices need to come down, down, down. Having a roof over your head should be a fundemental human right, such as access to clean water and a decent sewerage system to prevent disease. House builders are greedy barstewards and something needs to be done. IKEA have some good ideas and house building from what I see.

 

BTL landlords are the scum of the earth and ought to be taxed appropriately. Those who deal in cash and don't declare income (and I am sure there are a lot) should have their houses confiscated. Those who declare they are non-domiciled should have no right to own property in the UK, apart from one house solely for their own use.

 

There should be massive tax support for low to middle income families to get housing affordably - basically increase tax on the super wealthy.

 

I am quite well off (provided Northern Rock don't go bust). I earned my wealth the hard way, however my parents were BTL landlords in their day and I spent a childhood watching the greed mentality grab control of their lives. The stress eventually killed my Dad. I also saw the scum at the bottom of the pile whom the council seem to make their priority to support.

 

However, the future should belong to our children and grandchildren irrespective of their individual talents and abilities...........and should not be held to ransom by "market forces"

 

The effect that immigration has on housing is a difficult one to address......I'll leave that for others to comment.

[big_kev]

Some good calls their SK agree with that lot.

 

So much profit in House Building nowadays......house prices have tripled in the last 10 years.....strangely my wages have not tripled and I would imagine that Brickies and Chippies have not had their wages tripled either....therefore this vast increase in the price of new houses is mainly shown as profit to the builders......also remember that most councillors are involved in the building game either directly or indirectly.

[Bigjeeze]

I'm interested to know where they get their figure of 3 million new houses required from. As far as I can see there are literally thousands empty .

[big_kev]

I'm interested to know where they get their figure of 3 million new houses required from. As far as I can see there are literally thousands empty .

 

From the ministerial department in charge of housing....who are getting a bung from the builders !

 

 

 

Actually they hire consultants to look into it.

 

The consultants work for large building companies....amazingly they came back and said you need to build more houses.

[seatkid]

And I thought they used a dice....1st toss = 1st digit, 2nd toss = number of zeroes

 

 

Silly me...... :o

[Bigjeeze]

And I thought they used a dice....1st toss = 1st digit, 2nd toss = number of zeroes

 

 

Silly me...... :o

 

 

So you are in fact confirming that they are a bunch of tossers?

[gregers]

Some good calls their SK agree with that lot.

 

So much profit in House Building nowadays......house prices have tripled in the last 10 years.....strangely my wages have not tripled and I would imagine that Brickies and Chippies have not had their wages tripled either....therefore this vast increase in the price of new houses is mainly shown as profit to the builders......also remember that most councillors are involved in the building game either directly or indirectly.

 

 

well im a chippie and mine have not even doubled let alone tripled,but its ok saying we need more houses built but they seem to forget that most of the services cant even cope NOW let alone thousands more property's and they keep building but they dont update the sewerage or mains water ,also we really should start to look at why over the last 20 years there seems to be a lot more flooding round the country COULD IT POSSIBLE BE THAT THE FLOOD PLANS ARE BEING DISTURBED????

 

and yes done on the south coast the prices have gone STUPID BIG TIME and i have a feeling in my water that there is going to be another recession heading our way very soon,how on earth can anyone afford to buy a house when the average price for a 3 bed is in the region of 175k or more,wont be long before were all be doing what they do in america and have a long term mortgage that will span a couple of generations rather then the normal 25 years to pay.

 

but hey ho we will just have to relie on the local councils to house us...............oh we cant coz they given all the houses to the more needed non uk residents who have not paid any kind of contribution to the country at all.silly me.

[MadBaz]

but hey ho we will just have to relie on the local councils to house us...............oh we cant coz they given all the houses to the more needed non uk residents who have not paid any kind of contribution to the country at all.silly me.

 

Can't rely on the council round here, they've demolished loads of houses (with scenic views) sold the land to developers and given a huge proportion of whats left to economic migrants. Then theres the mis managed right to buy, wheres the money from the sale of these houses gone??? Oh I know it's poured into the ethnic minority (or should that be majority) gay and lesbian centre in the high st !!!

 

A lot of the scum that was on these estates have now moved to pastures new, like across the road from me and it's p*****g a lot of people off.

 

3/4 bed houses are like rocking horse shit, I know of council tenants round here who are illegally overcrowded but can't be rehoused due to shortage of stock. I know people should aspire to owning their own home but I'd be lucky to find a decent 3 bed house for less than 85k and thats more than 4x mine & Clare's combined salary and in huddersfield 6/7x what 'real' people earn. Banks will lend that amount but it only takes a minor disaster, say redundancy which is common in predominatley manufacturing towns, to end up back on the council waiting list.

 

sorry rant over.

Edited September 14, 2007 by MADBAZ

[Ivor_E_Tower]

I think you should be limited to buying 2 houses in your own name maximum. Trouble is, how would it be enforced? Buy 2 in your name, 2 in each of your kids names irrespective of ages etc etc. National database of mortgages?

[Bigjeeze]

Whilst I agrre in principle to restricting the number of houses you own - The general reason why most people own multiple homes is to rent them out and if they are rented out then they are helping to ease the housing crisis. So that isn't the issue.

What is probably causing more than enough pain is the influx of new people requiring homes. If the current lists can't house the ones already here ,what happens to those newly arrived and by extension those already here!! Who gets preference for the stock that doesn't exist!. Moreover have any of you noticed that with all the massive housebuilding going on there is virtually no "affordable homes" it is almost exclusively "Luxury" housing - So where do the oiks live?

[big_kev]

Vote Labour !

 

You know it makes sense

 

http://www.thesun.co.uk/article/0,,2007421050,00.html

[seatkid]

Whilst I agrre in principle to restricting the number of houses you own - The general reason why most people own multiple homes is to rent them out and if they are rented out then they are helping to ease the housing crisis. So that isn't the issue.

What is probably causing more than enough pain is the influx of new people requiring homes.

This statement sounds suspiciously like a BTL landlord trying to tell himself that he's actually helping to keep prices down and performing a vital social service! :angry2:

And in the next line he blames the "crisis" on new??? people requiring homes.....

 

No!! It is crystal clear why house prices have rocketed.

 

Rich (usually middle aged+) people have perceived houses as an investment that gives phenomenal return. A goose that lays golden eggs. This in turn encourages those cash rich people to plough into the market and do what the BBC etc have been encouraging them to do for the last few years in their "be a speculator" genre.

 

Don't tell me it's the Poles etc who have driven up prices!......anyone who is on the minimum wage cannot afford to even think about buying a house. But yes, they are easy prey for the BTL brigade who just snatch all the bottom end (affordable) housing so they can squeeze 6 or more desperate immigrants in and make a killing, usually in cash, because many immigrants don't have or know about how to get a bank account.

 

Cash is fantastic for the landlord, because he can "lose" some or all of it before it gets into an account that the tax man can see. And once they're into BTL, they're hooked. Re-invest the cash in more property. Greed pervades. Some BTL landlords now have portfolios of many hundreds of houses.

 

IIRC A recent case locally of an old age pensioner being thrown on the street by his 30 something yr old landlord and his girlfriend - to make way for a 4 flat conversion - revealed the landlord tax returns claimed a modest income (~

Edited September 16, 2007 by seatkid

[mumof4]

ok, please excuse my stupidity..not quite awake..what does BTL mean??..

 

there is a shortage of council homes because so many people have had their homes repossessed hence needing council help plus they have to home those who decide to come live here and yes they do get priority over someone like me who will be homeless at the end of the week!..but..alas,,,being homeless is not a priority so i have been told..5 bloody years i have told it will take to rehouse me by the local council!!!!!!!!!..unless i am stood on the street with all my kids and crap.which will happen..even then i will be dumped into a hostel till they can find me a home.

 

everything has a knock on effect,,i am finding out the flippin hard way just how things stand with the council.Rent private you say???..a lot wont consider me as i have a trust deed (also known as an IVA) which is being closed but untill then i cant even open my own bank account or rent privately unless it was some bod charging the earth..believe me..ive flippin tried...landlords can pick and choose who they want in their houses because so many people need them

 

In my head....more AFFORDABLE housing needs to be built for those trying to get on the housing market..or those through no fault of theirt own are homeless.

And when i say affordable..i mean houses less than 80k for a 3 bed..im sure it can be done!!..but..im pretty sure with the forces increasing their rents bty 300 quid a month from april next year will mean an influx of ex service accomodation as it would be cheaper to rent private!!if you see an ex forces come up for grabs..think twice before buying as the mod have not exactly had the money to repair or modernise them all..most are substandard and you wouldnt leave a dog in em.

 

soo..in answer to original question..

 

Yes more housing needs to be built..but primarily for those on low income who cant afford to get on the housing market or if they do lose their homes after a while..Housing prices are way too high...In Lyneham a 2 bed went for 126k!!..(mate bought it)..that is just plain stoopid.

 

These new houses must be built and the prices capped and you must be on low income to get them..i.e..maybe proove that you are on low income??..so no unscupy landlords can snap em up to rent em out.

 

House prices must fall...as if they dont then the burdens on the councils and housing associations, shelter and all the relevant agencies that deal with the homeless will increase tenfold.Knock on effect is poverty..More people in poverty= more crime committed.those in high priced houses may just be keeping afloat to the fact that they work to survive not live....

[big_kev]

ok, please excuse my stupidity..not quite awake..what does BTL mean??..

 

Buy To Let !

 

 

 

 

p.s. does this help ?

 

Link for MO4

Edited September 17, 2007 by big_kev

[mumof4]

Start running BK!!!!!..I most def do not need a dating link! :angry2:

 

By the way..thanks for the explanation on the BTL thing...

[big_kev]

Just thought....if you found a rich bloke !

[mumof4]

Money isnt everything....Besides..quite like not having to put the loo seat down!..my son is well trained.! :ph34r: :D

 

 

 

Thanks for the thought though :lol:

[gregers]

loo seat down

 

now thats always a bone of contention with me,you lasses always complain you have to put it down etc,but its us blokes who have to put it up, :ph34r: the only time blokes sit on the throne is to get rid of the best part of us and you woman expect us to lift the lid all the time aaaaaarrrrrrrrrgggggggggggggghhhhhhhhhhhhhhhhhhh.

 

back on track.

 

i would love to be able to buy an m.o.d house(as long as it is structurally sound)everything else is fixable over time,if and when you had the dosh to be able to do it.

down my area even a 3 bed pile of shite costs an arm and a leg,reason being is spend 5k and earn 20k in a short space of time so everyone has the same thoughts and hey presto HIGH PRICES.

Edited September 17, 2007 by gregers

[big_kev]

Money isnt everything....

 

True........

[Bigjeeze]

Whilst I agrre in principle to restricting the number of houses you own - The general reason why most people own multiple homes is to rent them out and if they are rented out then they are helping to ease the housing crisis. So that isn't the issue.

What is probably causing more than enough pain is the influx of new people requiring homes.

This statement sounds suspiciously like a BTL landlord trying to tell himself that he's actually helping to keep prices down and performing a vital social service! :lol:

And in the next line he blames the "crisis" on new??? people requiring homes.....

 

 

I do not own any BTL properties I have just the house I live in. What I wasn't trying to do was justify BTL - on the contrary I think it stinks - What I thought I was making clear was that BTL whilst increasing prices wasn't causing a lack of homes to LIVE in. The rest of your epistle I agree with totally. :ph34r:

[gio]

Some very interesting response, not sure what is the real cause of the housing shortage/high prices, but if we are going to look to blame BTLs and the likes for the problem, then surely we should expand it further a blame the whole economy system on people taking out credit of any sort?

 

Yes i own property, but have never owned a new car. My money, i will use it how i like to improve mine and my families style of living.Whats wrong with that? I recall the tories back in the early 80s giving every council tennent the right to buy! with no thought for how councils would replace these properties that they were forced to sell at incredably low prices.

 

To slate anyone who rents out property as some sort of greedy cheat is an insult and i would suggest a little bit short sighted,afterall so many people have private pensions and do not give a toss where this money is invested to fund their retirement.

 

Neither me or my wife have a private pension,we invested in property over 22 years ago, thats our pension, its also something to give our remaining son,[16] when the time comes that he wants to spread his wings so to speak. BTL no way, prudent retirement plan definately, but it came at a cost, no new cars outside our house. You take your money and make you choice......

[mumof4]

No one is saying all landlords are less than honest...one of my friends owns 3 properties around lincoln and an estate agent deals with all her tenants.

 

But you have to admit there will be some who are less than honest just like in every trade there are dishonest people.

 

The only knowledge i have of landlords is from watching telly and from trying to find somewhere to live.I can get up to 94 quid a week housing benefit....a lot of the 3 bed properties around here are a lot more than that a week..i am not on any state benefite as i dont qualify.the income i get cannot be guarateed as it is maintenace and that according to one estate agent is not a guarenteed income.

 

But anyway.....I am sure there are people out there who are good landlords and look after their tenants..but equally so there are some who are not.

[big_kev]

But anyway.....I am sure there are people out there who are good landlords and look after their tenants..but equally so there are some who are not.

 

Its the 99.9% of dishonest thieving cheating landlords who give the others a bad name.

[gio]

Yes of corse there are bad landlords,as there are bad car traders, cowboy builders ect ect, no it was the BLT statement and maybe this new generation of property owner is only out for a quick buck,but i cannot believe they control the market that well as to have such a great effect on value.

 

A good example is northern rock, look what is happening, they have yet to dip into their speical fund, but the punters have taken 2BN out of them!

Its dam right crazy,and the same applies to the housing market,and the same thing will happen that happened in the late 80s early 90s.

 

When people panic strange things happen, they are told there is a shortage act accordingly and look what happens. If they did not panic, things would be more stable.