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Want to fix the housing crisis? Give young people the right to a subsidised home


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OOO Guardian gimme dat bear food. (and HIYAAAA to Graun journo lurkers...)

Lockdown taught me that spending far more time than usual between the same four walls changes your relationship with where you live. It might have felt like an oppressive prison, maybe it inspired cosy nesting, perhaps it was constant bedlam. Good, bad or ugly – or all of the above – many of us will have experienced intensified feelings about home.

But none of this has yet been reflected in the way we as a society talk about homes. The political and media debate is still focused on prices, deposits and affordability. We remain locked into a paradoxical conversation: on the one hand, rising house prices are treated as a glimmer of hope in an economy collapsed by a global pandemic; on the other, they take homeownership further out of reach for a generation of young people whose opportunities are being crushed by Covid-19.

Fear not, pensions minister Guy Opperman is mulling over a generous offer – permitting first-time buyers to dip into their fledgling pension pots for a deposit. It’s hard to think of an idea that better sums up the thrust of housing policy in recent decades: provide a bit of help to get a small group of people just over the line, but in a way that inflates prices for everyone else. This idea wouldn’t even require the government to stump up new support – just to allow the pension top-ups it’s already paid out, earmarked for young people’s security in old age, to be redirected.

https://www.theguardian.com/commentisfree/2020/oct/21/social-housing-britain-affordability

 

Also mods, I miss the quote function for inserting bits. 

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Then comment on the article. Bet you can't guess which one is mine. 

45

I have been involved with Real Estate as an agent, a builder, a home owner and an investor.
I will say this; there is nothing sustainable about the system currently used to allow people to buy and own their home, what we do have is coming to an end. 
Profiteers have discovered the Real Estate industry as a means of secure investment and potential for financial profit.
In the near future there will be no such thing as home ownership.

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No. No. No.  The market has the correct action - let house prices crash, we do not need yet another prop.

 

We've had a supposedly free market oriented govt in power for a decade. You can hardly blame the socialists for saying it hasn't worked and suggesting a non market solution. The marketeers have failed themselves, the country, their party, capitalism as a whole, and their children.

Edited by Si1
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No. No. No.  The market has the correct action - let house prices crash, we do not need yet another prop.

 

Is it a prop though? What she's suggesting is mass building of social housing and a guaranteed 5-year tenancy for young people. Basically a return to 1970s-style one-in-three in decent social tenancies. If anything it takes all the pressure of the market and will encourage the crash you (we) want.

Sounds pretty reasonable to me.

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We've had a supposedly free market oriented govt in power for a decade. You can hardly blame the socialists for saying it hasn't worked and suggesting a non market solution. The marketeers have failed themselves, the country, their party, capitalism as a whole, and their children.

+1

Never a truer word.

 

Is it a prop though? What she's suggesting is mass building of social housing and a guaranteed 5-year tenancy for young people. Basically a return to 1970s-style one-in-three in decent social tenancies. If anything it takes all the pressure of the market and will encourage the crash you (we) want.

Sounds pretty reasonable to me.

+1

Absolutely. Relieve the acute demand pressure in the private rental sector and it's game over for the HMO daddies.

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Agree - priority should be for people who work and pay tax not someone who has no job 5 kids or comes here illegally on a dinghy 

And anyone found subletting gets booted, no second chances. 

Then again, our useless govt gave Pestfix £168.5 million for useless PPE. That's a lot of housing. 

https://twitter.com/JolyonMaugham/status/1319155939195445248?s=20

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I have been involved with Real Estate as an agent, a builder, a home owner and an investor.

But you have said many times you hate agents developers homeowners and investors!

 

In the near future there will be no such thing as home ownership.

lol

 

And anyone found subletting gets booted, no second chances. 

And goes to prison for 10 years.

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I have? No, they are precious creatures of the forest. 

Not you PB that was Spy guy who said that the has been a homeowner and agent and a investor. 

 

Quite, why cant anyone of any age be entitled to subsidised housing? 

Because you are not unemployed with kids and you work and pay tax so that those who do not work but have kids can have subsided housing.  As a single who works person try going to the council and asking for subsided housing and see the response you get.  

I honestly know a girl who got mixed up with a waster druggie and had a kid.  She got out of the relationship went home to her parent 2 bed house.  She works full time.  Went to the council to ask to go on the waiting list and was told that because she works she was not eligible so she had to stay with her parents which was not working or rent in the private market.  The advice the guy she spoke to gave her was to leave her job and then go back to the council with proof of the benefits she was getting. Then she would be a priority case. 

Edited by richmondtw
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In the feudal 1300s serfs were charged and directly paid for the land they lived on.

Nowadays they are charged too except their other taxes go towards paying for it as well.

 

No. No. No.  The market has the correct action - let house prices crash, we do not need yet another prop.

Agree.

Edited by Arpeggio
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Look I do think social housing would help. But it can't just be scummers getting it. 

Unfortunately it has been for many years the scammers that get it,be it housing whatever.Married and working or single and working and not broken the law.Sorry piss off no social hosing for you.Single mother 4 kids,never worked,only in the papers for glassing someone in a pub,step right this way,here are your keys to this brand new social housing property.

 

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Unfortunately it has been for many years the scammers that get it,be it housing whatever.Married and working or single and working and not broken the law.Sorry piss off no social hosing for you.Single mother 4 kids,never worked,only in the papers for glassing someone in a pub,step right this way,here are your keys to this brand new social housing property.

 

I'm old enough to remember the nice council estates had strict criteria. You had to be on the list for 5 years, married and employed.  The Council would actually send someone to check with your employer.

The rot started after 'Right to Buy' when the remaining stock went to a 'greatest needs' basis; then it moved to who could game the system.  Don't blame them, but you turned stable estates to sink holes as problem families moved in with no support.  The Daily Heil brigade were quite happy to sensationalise this to stigma the idea of a Council house and to promote the private market.  We all know how well that turned out.

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Not you PB that was Spy guy who said that the has been a homeowner and agent and a investor. 

Because you are not unemployed with kids and you work and pay tax so that those who do not work but have kids can have subsided housing.  As a single who works person try going to the council and asking for subsided housing and see the response you get.  

I honestly know a girl who got mixed up with a waster druggie and had a kid.  She got out of the relationship went home to her parent 2 bed house.  She works full time.  Went to the council to ask to go on the waiting list and was told that because she works she was not eligible so she had to stay with her parents which was not working or rent in the private market.  The advice the guy she spoke to gave her was to leave her job and then go back to the council with proof of the benefits she was getting. Then she would be a priority case. 

I say bring back the workhouse, followed by debtors prison.

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1997 - Closet Trots cause the collapse of home ownership.

 

2020 - Closet trots say the only solution is communist housing.

 

well I never.

 

>It’s easy to feel fatalistic about the chances of cracking the housing crisis. Not because the solutions aren’t simple – they amount to building more houses and properly taxing property investment

mentioned only to be dismissed.

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  • 439 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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