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mkz

My Epetition To Make Housing Cheaper

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..right to buy... :rolleyes:

Well yes of course, it's just that the numbers being sold are really small, I estimate that our LA will sell fewer than 10 per year. Something to do with high house prices I believe!

Currently I'm in a position to buy mortgage free, hopefully should the law be changed I'd have a chance to buy as these things would take months at least.(see Scotland....no RTB after 2020!)

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Done, although imo you'd be better sticking to just one or two issue - the more you include, the more chance there is of someone not agreeing with one (if that makes sense).

Have added a link for your petition on the Homebuyers' strike facebook group too.

I would suggest you keep it bumped here and mention it in as many reader's comments sections as possible to get the votes up.

You may also want to mention it here too:

38 degrees

They have a facebook page with a fair few members too.

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http://epetitions.direct.gov.uk/petitions/3882

Everyone sign it, please!

Oh, and send it to your friends and family to sign too.

"Allow a mortgagor to surrender the property to the lender and default on the loan, with no legal recourse for the remaining debt;"

Total debt forgiveness? Won't that make people do anything they can to borrow more money without a care in the world and so push prices up?

Who do you think pays for the debt when people walk away from it fairies? It's us!

I would prefer to see public floggings if people cannot afford the debt - then they would be less likely to take on more than they might be able to pay back.

It's loose lending by banks and people lying about their incomes that has got us where we are now.

If you hadn't put debt forgiveness and instead put specific LTV and salary multiples (banning joint income mortgage multiples) I could have signed it.

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Don't feel guilty though, whatever you do :rolleyes:

Don't worry I won't! The government will no longer have to 'subsidise' my rent and will have 100k + to build a new CH and thereby keep people in work! I won't even bother the bankers!

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"Allow a mortgagor to surrender the property to the lender and default on the loan, with no legal recourse for the remaining debt;"

Total debt forgiveness? Won't that make people do anything they can to borrow more money without a care in the world and so push prices up?

Who do you think pays for the debt when people walk away from it fairies? It's us!

I would prefer to see public floggings if people cannot afford the debt - then they would be less likely to take on more than they might be able to pay back.

It's loose lending by banks and people lying about their incomes that has got us where we are now.

If you hadn't put debt forgiveness and instead put specific LTV and salary multiples (banning joint income mortgage multiples) I could have signed it.

While I sympathise with that those who were lending too much, quite happy to wreck society to make themselves richer, need to suffer too. The borrowers were greedy, simple fools, but those who deliberately engineered the situation rather than simply going along with it are guilty of malice, not wilful stupidity, and that's far worse IMO.

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All you people who won't sign it because you disagree with one or more of my suggested actions, where were your comments to http://www.housepricecrash.co.uk/forum/index.php?showtopic=167474? Why don't you sign it anyway? It's the headline "Make housing cheaper" that really matters, not my suggested actions. We just want to trigger the debate in parliament.

Where was total debt forgiveness in that thread?

Anyway at least you made an effort and total debt forgiveness could never happen in the UK, our banking masters wouldn't allow it, so I'll sign it.

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Where was total debt forgiveness in that thread?

"Jingle-mail" as suggested by Quicken in #14.

Anyway at least you made an effort and total debt forgiveness could never happen in the UK, our banking masters wouldn't allow it, so I'll sign it.

Thanks.

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Personally, I think anyone who agrees with 90% of this should sign it.

Here's a HPCer who has taken action to try and get something done. They haven't just started a thread about something, they're trying to get this discussed at the highest levels.

If we can't unite around the bigger picture here then we're effectively saying that we'd rather just discuss these issues rather than see them changed. It's as simpe as that.

There's no chance that everything being suggested is going to be implemented. An opportunity to even have these issues raised in Parliament is incredible nevertheless. It would be very sad to see this initiative shot down in flames by those that ultimately support the goal of affordable housing.

The alternative is that everyone writes and submits their own proposals. 100,000 different versions get submitted which gather one vote each. The opportunity is wasted and the outcome is a big fat nothing.

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Banning shared equity was mentioned in the original thread but is missing from the petition.

True. Apologies. Having said that, there was a 1000-character limit, and my text is 993 characters...

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  • 343 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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