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Surrey cash buyer

Cameron's Pledge To First-timers

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This is Money

Mr Cameron vowed to remove barriers to home ownership, including possible changes to the tax system and axing the proposed Home Information Packs. He added that government leaders must be more 'imaginative' to find a solution to the housing crisis.

But Mr Cameron did not highlight how his party planned to ease the plight of first-time buyers facing the difficulty of trying to afford homes six times average earnings.

First time buyers get over there and post your comments.

Edited by Surrey cash buyer

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It's always been tough for first time buyers to get a foothold on the ladder. All I hear are young people whinging about they can't afford to buy. Can't afford to buy detached 2-bed starter Terraced houses that is, rather than work their way up the ladder like everyone else has had to. Youngsters want everything on a plate as a right and they want it now.

- F Magnet, Charlottsville, USA

Corrected!

:D

And im not Joking..... :o

Edited by A Fool & His Borrowed Money

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It's just empty promises, as mentioned in the other thread soon after he announced his 'new initiative' a Tory spokesperson sided with the nimbies and said there are no plans to reform planning or release land, they're simply looking to push the same old part ownership of crappily located flats, just the same as Labour.

It's a waste of time, it's understandable given the NIMBY monopoly on this country, one can only hope it will bite them in the ass when they realise there's nobody left to pay for their handsome pensions, I certainly won't be.

The chav shall inherit the earth, or the UK at least.

Edited by BuyingBear

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Hi,

I have followed closely the various parties commentaries on the housing situation. This is my summation ;

Labour - house prices will not and cannot fall because we have stopped the boom and bust cycle. (well, they lost control of the housing market about 5 years ago and by all meanings of the word, there was a hyperinflationary boom in property values fuelled by money supply expansion). They cannot allow prices to fall markedly or they will lose the feel-good factor voters and those heavily indebted, who will fall into neg equity if prices fall in line with wage growth, the "official" inflation figure the ONS have butchered together and the general economic performance of the economy. Through the BoE, their stated aim is infact to limit wage growth within the economy so as not to match living costs such as house prices and house price taxes. Hence shared equity schemes and public sector mortgage subsidy used to maintain the current valuations. Blair and Brown have devasted the economic horizon for a generation under this policy. They should be both hung from lamposts in trafalger square for treason to the British people (I don't think that's controversial).

The Tory party are ackowledging the issues more readily and seriously but so far for political expediency. They still take the wider labour issue that prices must be maintained and shared equity schemes are the way forward. They have made no electorial commitment to FTB or young-faimly tax breaks, relaxed planning regulations, etc., If the issue hots up they could conceivably become more proactive and forthcoming in real policy measures.

The LibDems are the only party that both outwardly acknowledge the problem and are making manifesto for radical reforms, including using terms like "overpriced" and "unsustainable" in relation to the UK market. If you really want to make a political stance, rallying behind the LibDems is your only decent political route. They will not win the election but with weak Tory support and failing Labour support, the next election could easily be hung at the next polling day with a strong LibDem surge from their current level of support and seats. In which case there can be one of two options ; either a collation government with LibDems exerting influence over the UK's current, catastophic housing-market breakdown or one of the other two adopting similar policy reactions nearer to the election to win voters.

Voting for one of the other mariginal, crank parties who have policy on the housing issue like the green party or socialist party will just be a wasted vote.

Seriously, if you really want to get political and business reaction to the current crises, you need to start canvasing LibDem in local and national elections.

Boomer

Edited by boom_and_bust

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The LibDems are the only party that both outwardly acknowledge the problem and are making manifesto for radical reforms, including using terms like "overpriced" and "unsustainable" in relation to the UK market. If you really want to make a political stance, rallying behind the LibDems is your only decent political route.

I think you're naive, once a party is in power they only need to keep the majority of people happy, that means ever increasing house prices.

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I think you're naive, once a party is in power they only need to keep the majority of people happy, that means ever increasing house prices.

Hi,

Read the post again - particularly the part that says "they will not get into power" and "if you at least want to make your voice heard". Otherwise you can just winge silently to yourself which is just as ineffective. Let's face it, market forces are the only thing that will effectively sort it out . Also do read my posts lasts year on the runup to the sipps turn around where there was quite active boycotting by the lib dems, some tories and a few rebel labour MP's in the commons which was quite fundemental in helping Tony and Gordy change tack. They were facing a very possible defeat in getting it passed through both the commons and lords. And it was not for them wanting to push it through, it really was a last minute decision reversal following the embarrasment of earlier defeats and mariginal policy issue votes during the year. Sipps had a strong possibility of a large majority defeat.

Edited by boom_and_bust

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We are first time buyers and have tried to get onto the Open Market Homebuy Scheme. It all sounds really easy and a good idea until you try to get onto it. The waiting list is very long and we are on a waiting list waiting to get onto the waiting list! It's stupid.

Sums the madness up nicely.

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Its nonsense voting for the lib dems. They are a wasted vote indistingushble from the crowded centre ground. What sort of message are you sending to the poltical class by voting lib dem?

People here - many of whom who couldn't be bothered to vote, but seem to enjoy constant griping and self indulgent forecasts of economic disaster around the corner, have to wise up on the major issue facing them, which is affecting houseprices and decimating private sector wages even as inflation is all around.

That issue is mass immigration used to deflate wages, which means you have no bargaining power over the huge profits firms are making, and the vast increase in the money supply. Everything else, the HPI, the expending gap between the rich and poor, lack of workers pensions, the client state dependancy model, Browns endless boom even as etc... is a symptom of this one factor.

You may have to hold your nose, but voting BNP, or anti-immigration in the may elections will send a massive change coursing though the political establishment and the chattering classes (the media).

Anything else is just pointless waffle, (which everyone here must be sick of by now).

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Hi,

Why not? the BNP shook up the French elections a few years back although people did turn up for the second round vote when it looked like Le Penn would actually get in. Immigration? That is a double edged sword. Britain is a rapidly ageing nation compared to India, China and Brazil. that could be a problem. Agreed though that it is one of nulabs's policies to constrain wages and people's ability to participate in the housing market. if that was you own particular flavour of vote and it seemed it might cut into the political vacum, go for it, it's positive action at the very least but wouldn't be my cup of tea.

Edited by boom_and_bust

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Guest muttley

Fancy that!

Its nonsense voting for the lib dems. They are a wasted vote indistingushble from the crowded centre ground. What sort of message are you sending to the poltical class by voting lib dem?

<_<

But I have no choice but to vote LibDem as the Tories have given up the ghost on ID cards. The LibDems other poilicies are rubbish, but they seem the only voice of sanity on this issue.

I will also be offering my services to them in my area as the next viable alternative to the Labour MP we currently have.

:o:lol::lol:

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Mine got added, reads as below!

:D

To this old NuLabour chestnut:"Affordable Housing"

And today's comment:

"He added that government leaders must be more 'imaginative' to find a solution to the housing crisis."

I'm sorry, but even a four-year old can use their imagination on this one to solve this crisis.

Drop prices.

- Joe King, Doncaster

B)

Edited by A Fool & His Borrowed Money

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  • 301 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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