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I've noticed over the last few months that the media has been giving more "air time" to pressure groups who are

calling for government intervention to help young people from rural communities get on the housing ladder. This includes

taxing second homes to deter "incomers" buying up "their" property.

Why should just this section of British society be assisted in this way. I'm living in London and the government has not

stepped in to restrict Middle East and Russian Oil "investing" in London properties, along with Banks, Building Societies, Hedge Funds

and Pension Companies buying up blocks of properties.

This has prevented the majority of hard working young professional people in London between the ages of 20 and 35 with

no chance of buying a property they deserve.

So why aren't the media highlighting this more acute problem (IMO) rather than just focussing on rural areas ?

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I totally agree.

I grew up in Hampstead Garden Suburb in the 1970s and 1980s. It's a lovely part of North London and I would love to live there now. However, property prices have been pushed up by super-rich outsiders and I'm totally priced out of the area I grew up in. My parents still live there, but they say it has lost the community feel it used to have. It's a shame but that's life.

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Whether we "deserve" the ability to buy is is a matter of opinion, though i agree with your point but i suspect its just a case of the rich country folk need someone to tend their garden and pull their cats out of trees etc

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What gets my goat is the media's clear distinction between 'nasty' 2nd home owners, who are pricing-out hard working young families in rural areas, and 'savvy' multiple home owners ie. BTL-ers who price out swathes of 1st time buyers from the markets!

This sudden interest, sounds more like the media whores at BBC are getting pissed off that richer downsizers are pricing them out of their precious holiday-homes to be!

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I've noticed over the last few months that the media has been giving more "air time" to pressure groups who are

calling for government intervention to help young people from rural communities get on the housing ladder. This includes

taxing second homes to deter "incomers" buying up "their" property.

Why should just this section of British society be assisted in this way. I'm living in London and the government has not

stepped in to restrict Middle East and Russian Oil "investing" in London properties, along with Banks, Building Societies, Hedge Funds

and Pension Companies buying up blocks of properties.

This has prevented the majority of hard working young professional people in London between the ages of 20 and 35 with

no chance of buying a property they deserve.

So why aren't the media highlighting this more acute problem (IMO) rather than just focussing on rural areas ?

Very true.

The problem is high house prices in general - all across the UK. If you earn £40K in London/SE you are priced out, if you earn £20K in cornwall you are priced out.

If I lived in the country though I'd buy a caravan and park it on the village green and declare my right to affordable housing. The rights of gypsies is incredible. Two parked up in the office car park last week. You can buy a great caravan for £2000 - £3000, avoid council tax, other high costs. Shower at the gym, save your money etc.

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What gets my goat is the media's clear distinction between 'nasty' 2nd home owners, who are pricing-out hard working young families in rural areas, and 'savvy' multiple home owners ie. BTL-ers who price out swathes of 1st time buyers from the markets!

This sudden interest, sounds more like the media whores at BBC are getting pissed off that richer downsizers are pricing them out of their precious holiday-homes to be!

Some might say that another argument for the clear distinction could go something like ...

... 'Savvy BTLers' are doing the public a favour as they are allowing people priced out of the market to have a roof over their heads by virtue of renting.

... Nasty 2nd home owners do not as the house is all their's for their holidays.

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I've noticed over the last few months that the media has been giving more "air time" to pressure groups who are

calling for government intervention to help young people from rural communities get on the housing ladder. This includes

taxing second homes to deter "incomers" buying up "their" property.

Why should just this section of British society be assisted in this way. I'm living in London and the government has not

stepped in to restrict Middle East and Russian Oil "investing" in London properties, along with Banks, Building Societies, Hedge Funds

and Pension Companies buying up blocks of properties.

This has prevented the majority of hard working young professional people in London between the ages of 20 and 35 with

no chance of buying a property they deserve.

So why aren't the media highlighting this more acute problem (IMO) rather than just focussing on rural areas ?

Good on you to..

Its where the decision makers own homes are.. is a good bet..

A lot of the hedge funds have been selling their residential property.. including some of the more bullish mortgage lenders.

Quality..

If you drop a frog into scalding water it will jump out, if you raise the water temperture gradually the from will boil to death....

The market has failed, morrons cannot see it.

But there have to be people believing in a market for too long, its how it works..

How else do you make money from housing unless someone buys it of you for more then you paid..??

You can't...

Every speculative market needs to have the "last man holding" it's how they work..

They all fail, every market will have bulls with reasons that sound okay... and they will believe them until the market fails.

Where the economic cycle will surprise them all..

The only way for the Economic Cycle to work is for people to not see it comming.

For it not to come it would mean that Gordon Brown is an economic genious who managed to stop the Economic Cycle at the height of the biggest boom in history..

If you believe he is then buy, if you believe he isn't.. If you believe the IMF..

Then.. well.. :)

Gordon Brown has himself refered "accidentially" to the housing market as a bubble..

All bubbles burst...

Why people still believe in it I don't know.

Even the Nationwide say the market has turned..

Think about it....

Its all going to go horribly wrong..

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Very true.

The problem is high house prices in general - all across the UK. If you earn £40K in London/SE you are priced out, if you earn £20K in cornwall you are priced out.

If I lived in the country though I'd buy a caravan and park it on the village green and declare my right to affordable housing. The rights of gypsies is incredible. Two parked up in the office car park last week. You can buy a great caravan for £2000 - £3000, avoid council tax, other high costs. Shower at the gym, save your money etc.

You may joke, but there is a very real danger that the UK will become a 2 tier society like the US with trailer parks springing up.

I've certinaly passed one on the M4 near the Swindon junction.

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Don't worry, the government won't assist anybody, not least if that relief involves granting planning permission in the Nimbyside. However, the government needs to be seen to be doing something, hence the £200k cardboard starter home they showed off a couple of weeks ago, they may build ten of them to be sold as expensive follies just so a bunch of NuLabour middleclass do-gooders can pat themselves on the back for "helping" people, anything to relieve their conscience of owning 20 BTL properties each (though that's nothing to do with housing shortages, of course).

Doing 'something' is bothersome so it's optional, constant spin and managing perceptions is a better way out, why actually do something when you can just tell people you're going to do it? Unless you're a first-time-buyer you won't know the difference.

What gets my goat is the media's clear distinction between 'nasty' 2nd home owners, who are pricing-out hard working young families in rural areas, and 'savvy' multiple home owners ie. BTL-ers who price out swathes of 1st time buyers from the markets!

Of course, TV Centre is BTL central, you will hear the BBC talking about "social justice" on most things but not when it comes to housing, this clashes with their champagne socialist outlook, people can live cardboard boxes as far as they care.

From the Guardian to the Telegraph all the former broadsheets share exactly the same outlook, we live in a new era, imagine Thatcher's administration getting away with the current predicament, there would be howls from the Guardian each and every day.

Edited by BuyingBear

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I find it so strange that such a big issue is almost totally ignored in the media. The amount of anger that I feel sometimes is almost uncontainable.

Edited by Als

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I find it so strange that such a big issue is almost totally ignored in the media. The amount of anger that I feel sometimes is almost uncontainable.

indeed

most of us on here feel exactly the same. the best thing that could happen is if everyone said i aint renting nothing and lived in a caravan instead.

its surely the best way to get back at a society and social system that has denied us the right to progress.

let them have there expensive btl's while i have a tax and rent free caravan.

im just trying to work out a decent mobile internet connection that dont cost crazy money before i take the leap.

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I find it so strange that such a big issue is almost totally ignored in the media. The amount of anger that I feel sometimes is almost uncontainable.

It doesn't affect the media or political class of either persuasion, nor does it affect their offspring. Many have second or third homes, places in the country, pads in the city and a couple of BTL to boot, some many even have £500k worth of bribes stuck in off-shore hedge funds whilst pretending to be left-wing politicians.

They all live high on the hog and we pay for it all, they don't need to care. Stuff like Cathy Come Home was 40 years ago, that's so passe now, human rights is where it's at.

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I am itching to find a way to fight back. You know if they start this 'British Day' thing we should turn it into a day of protest.

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I am itching to find a way to fight back. You know if they start this 'British Day' thing we should turn it into a day of protest.

You would be dragged away, they don't allow unauthorised protest at the best of times, let alone on NuLabour Day :lol:

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I am itching to find a way to fight back. You know if they start this 'British Day' thing we should turn it into a day of protest.

you would first have to find some british

in a lot of places this is a lot harder than you think.

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Do you know if there are any laws against wearing a T-shirt which says something like '****** BRITISH DAY' or '****** YOU LABOUR YOU STASI BASTARDS' in massive letters? It's a serious question this. I think it could catch on.

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Do you know if there are any laws against wearing a T-shirt which says something like '****** BRITISH DAY' or '****** YOU LABOUR YOU STASI BASTARDS' in massive letters? It's a serious question this.

Yes, there is a law against it (and seemingly against everything), a 20 year old girl was arrested and man handled in the usual fashion for wearing a "******** to Blair" t'shirt.

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coz the people in the country have the balls and the connections amongst themselves to get off their asses and protest/pressure about it.

no one here was interested in even the smallest of demos.

so in my view, were not hurting enough and were too lazy.

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you would first have to find some british

in a lot of places this is a lot harder than you think.

Yeah yeah homeless. Get back to mien kampf.

What really annoys me is 'key workers' who get cheap houses. Have two friends, one is a copper and his missus is a highly paid software engineer. They are getting a discount house cause he is a copper. As well as a guaranteed state pension etc.

I, on the other hand, am paying for all of this via my taxes. Does this make me any less key?

Rant over

Edited by Pond321

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I think this provides the evidence for what's preventing real people who work hard in London buying.

What's propping up UK property markets?

http://www.moneyweek.com/file/13257/whats-...ty-markets.html

But no one seems to care that foreign "investment" (could I dare say alleged money laundering ooooh) is preventing this, let

alone highlighting it in the press.

By the way, it's not a recent thing; it's been going on for YEARS.

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  • 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%



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