Friday, February 25, 2011

Headline report 2009/10

English Housing Survey

Owner occupation was the largest tenure, with 14.5 million households, 67.4% of all households, but there had been a slight fall from 67.9% of all households in 2008/09. This fall in the number of owner occupiers continued the trend that began in 2007. There were 3.7 million (17.0%) of households in the social rented sector and 3.4 million in the private rented sector in 2009/10. The proportion of households living in the private rented sector has been rising in recent years and this trend continued with 15.6% of households renting privately in 2009/10 (from 14.2% in 2008/09).

Posted by dill @ 03:14 AM (1280 views)
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4 thoughts on “Headline report 2009/10

  • At 3.4 million households privately renting, that’s a significant amount of people that would gain from an HPC.
    As I recall only 1/3 or 1/2 of properties are mortgaged (please correct) so there’s another 5-7 million households that wouldn’t be effected by an HPC.

    Looks like more would gain than loose from an HPC to me.

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  • STR, unaffected would be 3.7 million in social housing, 7.5 million with mortgage paid off and another 3 million who wouldn’t be in nequity even if house prices fell 50%.

    Winners would be 3.4 million in private rented + an unknown figure of parents who would love their children to be able to afford to buy a house + the whole economy generally.

    Losers would be 4 million who would be in nequity + unknown number of BTL landlords + politicians, bankers, land speculators.

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  • “Losers would be 4 million who would be in nequity + unknown number of BTL landlords + politicians, bankers, land speculators.”

    And these are the one who really matter. They decide policies, interest rates, whom to sack,… Ordinary people like me have to shut up, go to work, get on with my miserable life and whatever these people throw at me/us. That’s reality of life these days. Very unfortunate, but true.

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  • Shocking really.

    So to summarise we could start the lower house price party and gain with a land slide victory – with a clever bit of marketing, or maybe just telling the truth for once !

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