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Golden Age Of Homeownership Over...according To Bbc

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There's still tons of companies buying houses for cash advertising in the papers... so perhaps thats where their idea of private renting increasing whilst home ownership declines...?

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Perhaps we should look at this in cycles?

What was the fashion 50 years ago in the ratio of renters/owner occupy?

What was the fashion 100 or 150 years ago much difference probably not.

What will be the fashion 50 years hence?

The Oil Age of the latter part of the 20th Century allowed more people than ever to live the dream of home ownership!! The link is profound, it is undeniable.

If we all agree there is a median line for average property worth then it follows there must also be a median for renter/owner occupiers.

Maybe the last 100 years or so have been a huge ponzi with cheap energy underpinning it. Now we no longer have such cheap energy maybe a return to the mean is scheduled?

Maybe another way to look at the question is will those that have acquired this wealth pass it down to their children or pi$$ it up the wall in retirement?

The saying you have never had it so good really had substance!! If you were 'in' at the right time!

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There's still tons of companies buying houses for cash advertising in the papers... so perhaps thats where their idea of private renting increasing whilst home ownership declines...?

I agree with that, but the yield after costs will be no more than interest paid on a typical savings account.....growth will be falling in real terms until property reverts back to more affordable levels. ;)

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It is economics that dictate home ownership, not the British psyche. Being an owner-occupier makes sense primarily due to the lack of capital gains tax.

This is an important one.

My view is either houses should be subject to CGT, or else people should be allowed to choose another asset to be free of CGT over a given time period (ie stocks, or savings free from income tax) anything less is discrimination against non-homeowners.

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  • 142 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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