Jump to content
House Price Crash Forum
Sign in to follow this  
Spirit

Prescott To The Rescue

Recommended Posts

HOUSING MINISTER TO VISIT BATH IN HOMES PRICE PROBE

A RAY of hope for Bath residents currently priced out of the city's housing market has been offered by the Government.

Deputy Prime Minister John Prescott is to send a housing expert to Bath to investigate how to tackle the city's house price crisis.

The senior civil servant will travel to the city to look at ways of making the first rung on the housing market ladder more accessible for first-time buyers.

Bath and North East Somerset Council leader Cllr Paul Crossley (Lib Dem, Southdown) and chief executive John Everitt secured the promise from Mr Prescott's office at a meeting with the communities and local government minister David Miliband in Bristol yesterday.

They took advantage of the all-day mini-summit - also attended by planning minister Yvette Cooper and transport minister Karen Buck as well as Mr Miliband and representatives of businesses, councils and public bodies from across the former Avon area - to stress how rising house prices in Bath were forcing lower paid workers out of the city.

The average house price in Bath and north east Somerset is more then ten times the average salary.

Cllr Crossley said: "The debate was very constructive. The ministers were listening to us and engaging constructively. We discussed housing issues and the fact that people on low incomes are finding it increasingly difficult to live and work in Bath.

Mr Miliband understood this and we have got a commitment from him to send a senior person from the Office of the Deputy Prime Minister to talk to us about solutions to this."

http://www.thisisbath.com/displayNode.jsp?...tentPK=13189068

:lol::lol::lol:

Share this post


Link to post
Share on other sites
Guest horace

quote

"We discussed housing issues and the fact that people on low incomes are finding it increasingly difficult to live and work in Bath.

Mr Miliband understood this and we have got a commitment from him to send a senior person from the Office of the Deputy Prime Minister to talk to us about solutions to this."

unquote.

Well that`s that sorted.

Congratulations Mr Miliband. :huh:

Edited by horace

Share this post


Link to post
Share on other sites

"The debate was very constructive. The ministers were listening to us and engaging constructively. We discussed housing issues and the fact that people on low incomes are finding it increasingly difficult to live and work in Bath......our conclusion was that we could build a special moon station and people could use special moon ships to get to and from work within the Bath area. "It makes sense" added John Prescott, "We can harness special moon power to provide heating and other essential services"

Share this post


Link to post
Share on other sites

Housing (for the poorest members of society) has been a "crisis" for at least 50 years. What this shows is that successive governments have been completely unable to do anything about housing provision.

Housing is such a basic need that it is inappropriate to leave its availability to market forces alone. Once they created a culture where home ownership was such an important goal then it should have been apparent that eventually a time when it would become beyond the grasp of the average prospective purchaser - as more and more people would want more and more property.

The whole thing has become a terrible nightmare. Individual greed has become endemic and we are now heading towards meltdown. I am a lawyer, not an economist but it is absolutely obvious what is happening. We have become like goldfish, we eat so much we are set to explode.

Anyway, as long as I can get a decend pint of Stella I'm not bothered.

Share this post


Link to post
Share on other sites
The senior civil servant will travel to the city to look at ways of making the first rung on the housing market ladder more accessible for first-time buyers.

No shit Sherlock!

How to make it more available, well it REALLY takes a market genius to work that one out?!!!!

Could it be....

No it couldnt..., Nah!

errr.., Prices Drop?

It's a bit like asking the world's finest mathematician to work out 1+1 is, and watching him getting completely confused trying to work the answer out :huh:

Nu Labour Propaganda at it's finest B)

Edited by A Fool & His Borrowed Money

Share this post


Link to post
Share on other sites
Guest horace

quote from Take me to the cleaners....

quote

"Housing is such a basic need that it is inappropriate to leave its availability to market forces alone. Once they created a culture where home ownership was such an important goal then it should have been apparent that eventually a time when it would become beyond the grasp of the average prospective purchaser - as more and more people would want more and more property."

unquote

Well done Mrs T. Your `right to buy` (votes) worked well for you but not well for Mr Howard. Back to the drawing board.

horace :D

Edited by horace

Share this post


Link to post
Share on other sites

We all knwo what is going on.. what has led up to the pivitol point where it will lead down.. then in a few years.. up..

etc..

Now it is frustrating enough that the papers treat House Prices as macro economics and don't look at the economy as a whole.. They don't see the signs and the cause.. and their own noses on the front of their faces..

BUT IT IS STARTING TO GET ON MY NERVES THAT PRESS AND POLITICIANS USE THE PHRASE "YOUNG STARTING TO GET PRICES OUT OF THE MARKET"

WE HAVE BEEN FOR YEARS.. PRICES HAVE TREBBLED, QUADRUPPLED IN DEVON...

OF COURSE ITS HARD FOR US TO GET ON THE LADDER..

Duh...

what, did they think suddenly finding at least trhee times as much as ever has been needed before would be easy...

Share this post


Link to post
Share on other sites

Let me guess, more schemes to 'help' people get on the ladder by offering part share or interest free loans? What effect will this have? Yes higher prices and even less affordable housing for those who won't qualify for help.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.