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Benedict

I Know That The General Consensus Is There's Far Too Many People Renting, But . . .

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http://news.bbc.co.uk/1/hi/uk/6294274.stm

I'm not sure the image will load, but check the graph at the bottom of the page.

Key figures - in 1971 the housing stock was roughly 50% owner occupied, 30% council and 20% rented. Currently the stock is 70% owner occupied, about 12% rented and 18% council.

There used to be way more rental properties and far less owner occupied properties. I know it's all horribly unfair that some people can't own their own home, but in a wider historical context there seems to be more home ownership and less rentals than normal. Is it that bad if people are stuck renting?

And interestingly between 1991 and 2001 there was no real increase in home ownership, so even though people could take advantage of a low point in the cycle they obviously didn't.

Although obviously house prices are still bad and all BTL owners are still bastards, mkay.

Housing_Graph.gif

post-9352-1184255959_thumb.jpg

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http://news.bbc.co.uk/1/hi/uk/6294274.stm

I'm not sure the image will load, but check the graph at the bottom of the page.

Key figures - in 1971 the housing stock was roughly 50% owner occupied, 30% council and 20% rented. Currently the stock is 70% owner occupied, about 12% rented and 18% council.

There used to be way more rental properties and far less owner occupied properties. I know it's all horribly unfair that some people can't own their own home, but in a wider historical context there seems to be more home ownership and less rentals than normal. Is it that bad if people are stuck renting?

And interestingly between 1991 and 2001 there was no real increase in home ownership, so even though people could take advantage of a low point in the cycle they obviously didn't.

Although obviously house prices are still bad and all BTL owners are still bastards, mkay.

Break those figures down by age group and you'll see where the anger comes from.

This isn't really about the overall percentage of home ownership, but of middle class young people who just a decade ago could afford to buy a house are now stuck renting from flats. And hence birth rates among middle class twenty somethings are plummeting.

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Good post mate.

And what does this highlight.

It highlights that during Labours years of power, they have always pushed the working classes into becoming slaves in rented accomodation.

Take a look at when home ownership took off for the working classes, and you will find it will always be under the Tories.

You have what you voted for, feeding the poor who are workshy, providing jobs in the public sector for the workshy, has cost the working classes the opportunity of having a civilised life bringing up their family in their own home.

Is that a price you are happy to pay? If you are, then Vote for the Labour Party at the next election, they have even bigger plans afoot to redistribute the wealth of hard working British Families.

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Break those figures down by age group and you'll see where the anger comes from.

This isn't really about the overall percentage of home ownership, but of middle class young people who just a decade ago could afford to buy a house are now stuck renting from flats. And hence birth rates among middle class twenty somethings are plummeting.

Thank Labour - they did it.

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