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| How much a month is your rent/mortgage |
| Less than £100 |
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21% |
[ 13 ] |
| Less than £200 |
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8% |
[ 5 ] |
| Less than £400 |
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18% |
[ 11 ] |
| Less than £600 |
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21% |
[ 13 ] |
| Less than £800 |
|
11% |
[ 7 ] |
| Less than £1000 |
|
5% |
[ 3 ] |
| Yikes |
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13% |
[ 8 ] |
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| Total Votes : 60 |
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Author |
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Nick
Joined: 02 Nov 2004
Posts: 34535
Location: Hereford
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Katieowl
Joined: 01 Jun 2006
Posts: 4317
Location: West Wales
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Mr O
Joined: 13 Feb 2005
Posts: 5512
Location: Nova Scotia, Canada
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 Posted: Sun Jun 24, 12 8:00 pm Post subject: |
 
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| Nick wrote: |
| Bebo wrote: |
| jema wrote: |
| For that you require a Country with a social conscience, one that thinks decent housing at a decent rent is worth a sacrifice. |
You mean like the UK was in the late 40's and 50's? |
Right, so how do we engineer a situation where an economically collapsing Europe gives rise to a dominant German aggressor state riding rough shod over smaller nations, with only plucky Brits turning up to save the day (after the Italians, Spanish, French and Greeks give up)?
Hey, hang on a moment... |
Well you would need the Canadians, the Aussies, the New Zealanders, and the Gurkas to join in. |
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Nick
Joined: 02 Nov 2004
Posts: 34535
Location: Hereford
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Shan
Joined: 13 Jan 2009
Posts: 9075
Location: South Wales
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chez
Joined: 13 Aug 2006
Posts: 35934
Location: The Hive of the Uberbee, Quantock Hills, Somerset
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| Posted: Tue Jun 26, 12 1:17 pm Post subject: |
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| Shan wrote: |
I think people are confusing a few issues here. The term 'housing shortage' is spouted about quite often but is there REALLY a housing shortage or is it more of a case of there not being lots of cheap desirable housing to buy? The simple fact is that people want to own housing, whether realistic or not. Rentals are freely available - so is there really a shortage of housing or merely a shortage of people getting what they want?
PS I do rent and it is in the eye watering category BUT it is a damn sight cheaper than purchasing the same type of property because the rent would not even cover the interest portion of a mortgage with current valuations. |
Yes, you're definitely right re bang-for-buck regarding purchase versus renting. We are renting a fantastic house, a bungalow with a large flat garden that is suitable for Nenna's mobility issues; but we would not be able to afford it without the substantial housing benefit that we receive - which is also weighted favourably because we have a disabled child.
I think that a lot of even crummy rentals are expensive, though - I was speaking to a friend who is a nursery worker yesterday and she's about to be made homeless - her landlord wants to sell her house. She's in a cleft stick because to get a council property - she is a single parent with three children - they need her to pretty much be sleeping on the street before they can be offered 'emergency accommodation'. That is B&B, twenty miles from the town that the children are at school at and where she works. The council say she needs a four bedroom house - because of the age of the kids, apparently - and won't offer her anything less. And her credit rating is not fantastic, so is apprehensive about approaching private landlords. She says that she would make do with a two bedroom house if they had to, so long as she had somewhere to live - but it's finding somewhere within her price bracket.
I think there are a lot of people in that situation.
Down here it's difficult as well because the holiday let business is lucrative - that drives the prices up.
ETA: I guess, it's still a housing shortage, even if it's an 'affordable' housing shortage. |
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vegplot
Joined: 19 Apr 2007
Posts: 21301
Location: Bethesda, Gwynedd
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Nick
Joined: 02 Nov 2004
Posts: 34535
Location: Hereford
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vegplot
Joined: 19 Apr 2007
Posts: 21301
Location: Bethesda, Gwynedd
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Shan
Joined: 13 Jan 2009
Posts: 9075
Location: South Wales
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| Posted: Tue Jun 26, 12 5:44 pm Post subject: |
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| Chez wrote: |
| Shan wrote: |
I think people are confusing a few issues here. The term 'housing shortage' is spouted about quite often but is there REALLY a housing shortage or is it more of a case of there not being lots of cheap desirable housing to buy? The simple fact is that people want to own housing, whether realistic or not. Rentals are freely available - so is there really a shortage of housing or merely a shortage of people getting what they want?
PS I do rent and it is in the eye watering category BUT it is a damn sight cheaper than purchasing the same type of property because the rent would not even cover the interest portion of a mortgage with current valuations. |
Yes, you're definitely right re bang-for-buck regarding purchase versus renting. We are renting a fantastic house, a bungalow with a large flat garden that is suitable for Nenna's mobility issues; but we would not be able to afford it without the substantial housing benefit that we receive - which is also weighted favourably because we have a disabled child.
I think that a lot of even crummy rentals are expensive, though - I was speaking to a friend who is a nursery worker yesterday and she's about to be made homeless - her landlord wants to sell her house. She's in a cleft stick because to get a council property - she is a single parent with three children - they need her to pretty much be sleeping on the street before they can be offered 'emergency accommodation'. That is B&B, twenty miles from the town that the children are at school at and where she works. The council say she needs a four bedroom house - because of the age of the kids, apparently - and won't offer her anything less. And her credit rating is not fantastic, so is apprehensive about approaching private landlords. She says that she would make do with a two bedroom house if they had to, so long as she had somewhere to live - but it's finding somewhere within her price bracket.
I think there are a lot of people in that situation.
Down here it's difficult as well because the holiday let business is lucrative - that drives the prices up.
ETA: I guess, it's still a housing shortage, even if it's an 'affordable' housing shortage. |
I wouldn't say there is an affordable housing shortage, perhaps just not what people desire as housing as a shortage. Think about the 1950's. People used to lodge - now they expect to leave University, walk into a plush job and buy a house. |
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chez
Joined: 13 Aug 2006
Posts: 35934
Location: The Hive of the Uberbee, Quantock Hills, Somerset
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oldish chris
Joined: 14 Jun 2006
Posts: 4148
Location: Comfortably Wet Southport
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| Posted: Tue Jun 26, 12 6:51 pm Post subject: |
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[quote="Chez:1265016"]
| Shan wrote: |
| I do think that there has been a lot of speculation in the new-build market - blocks of flats in Manchester, for example, that were bought up by investors and simply held, without being let out, until prices rise. I don't know where that stands now. |
and Liverpool, Birmingham and a few NE cities: they've lost a packet apparently. I have read that house prices are being maintained by the mortgage companies. The theory is: you have loaned 90% on several adjacent £100K houses. Fine. One house-holder can't pay, you repossess, it sells for 85K. You've now got several houses with negative equity. That's a problem.
Me? I don't mind, bought house for half its present value, have no mortgage, don't plan moving (other than to local Crem some time in the future).
I have got some shares BTW. They've halved in value since 2004, but the dividend isn't bad (way better than a deposit account). |
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oldish chris
Joined: 14 Jun 2006
Posts: 4148
Location: Comfortably Wet Southport
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jema
Downsizer Moderator
Joined: 28 Oct 2004
Posts: 28111
Location: escaped from Swindon
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marigold
Joined: 02 Sep 2005
Posts: 12458
Location: West Sussex
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