No wonder millennials can't afford a mortgage

20-09-2018 01:28PM

for anyone coming back with "why dont YOU try it if it's so easy?!?!?!!" when there's the first hint of doubt about the provision of large amounts of social housing in high-demand areas, two points-

- i dont want to try it. ive tried living in areas surrounded by social housing and it was sh1t, mainly because of social housing tenants, thanks for asking

- i also dont particularly want to pay for other people to try it, either through higher taxes out of my income or in the knock-on effect to housing costs for everyone else when large tracts of premium land are set aside for a particular group

much like "free houses arent free!" can we put this nonsense retort to bed please

oceanman · 20-09-2018 01:51PM

Deleted User wrote: »

for anyone coming back with "why dont YOU try it if it's so easy?!?!?!!" when there's the first hint of doubt about the provision of large amounts of social housing in high-demand areas, two points-

- i dont want to try it. ive tried living in areas surrounded by social housing and it was sh1t, mainly because of social housing tenants, thanks for asking

- i also dont particularly want to pay for other people to try it, either through higher taxes out of my income or in the knock-on effect to housing costs for everyone else when large tracts of premium land are set aside for a particular group

much like "free houses arent free!" can we put this nonsense retort to bed please

so your point is " free houses are free" is that what you are trying to say?

suicide_circus · 20-09-2018 01:52PM

if you don't work and you have a place to live, you have free accommodation.

q85dw7osi4lebg · 20-09-2018 01:53PM

Unfollows

20-09-2018 01:53PM

oceanman wrote: »

so your point is " free houses are free" is that what you are trying to say?

Well more than likely they're just mentioning that a tenner/week out of the dole and the taxtake from cigarettes smoked doesn't cover the full cost

Wanderer78 · 20-09-2018 01:53PM

suicide_circus wrote: »

if you don't work and you have a place to live, you have free accommodation.

please do explain?

suicide_circus · 20-09-2018 01:54PM

Wanderer78 wrote: »

please do explain?

I honestly can't make that statement any more basic

Wanderer78 · 20-09-2018 01:55PM

suicide_circus wrote: »

I honestly can't make that statement any more basic

fair enough, disagree of course

listermint · 20-09-2018 02:03PM

suicide_circus wrote: »

if you don't work and you have a place to live, you have free accommodation.

!00%

To make it even more basic as you put it. Anyone not working should go on the streets.

Right ?

suicide_circus · 20-09-2018 02:11PM

listermint wrote: »

!00%

To make it even more basic as you put it. Anyone not working should go on the streets.

Right ?

yes that's what I said. and anyone who is hungry should eat their children.

Franz Von Peppercorn · 20-09-2018 02:21PM

Why is this thread even veering off to the unemployed?

Op: millenials can’t afford houses because they spend too much money on avocado on toast.
Rational people: that’s not the reason. it’s the increase in house prices.
Irrational response: WHY DO PEOPLE WANT A FREE HOUSE!

BBFAN · 20-09-2018 02:22PM

The new Godwin is FREE HOUSE.

kuntboy · 20-09-2018 02:24PM

Property "investment" by landlords should be banned. Fukcing middleman leech slavers living off other people's work. All their bull5hit euphemisms they use to try and justify their exploitation of the poor. Scum of the earth.

20-09-2018 02:25PM

kuntboy wrote: »

Property "investment" by landlords should be banned.............

Who do renters rent from if that happened?

suicide_circus · 20-09-2018 02:33PM

Augeo wrote: »

Who do renters rent from if that happened?

the government will give them free accommodation, duh.

listermint · 20-09-2018 02:37PM

Augeo wrote: »

Who do renters rent from if that happened?

Social housing . low cost housing and private housing mix.

I presume.

I have yet to see any idea put forward by the many in here who have put down the government doing anything. Its almost like they are happy with the status quo where the property market runs away with itself entirely and everyone is less well off (including the economy)

Deebles McBeebles · 20-09-2018 02:39PM

Houses in my town have mostly been bought up by landlords for the last 5/10 years. Surely it makes sense to limit how many houses are not owner occupied in a town lest it ruin said town?

Not sure why I got a bit Shakespearean at the end there.

20-09-2018 02:41PM

listermint wrote: »

Social housing . low cost housing and private housing mix.............

That means that every house or home is effectively owner occupied.
So if I want to move counties for work (I have done this multiple times) I can't rent a place ? Nor can I rent out my own place?

That's a fooking loony situation.

Loads and loads of the working population are transient by choice for parts of their careers. Be they apprentice accountants or builders working on large projects.

suicide_circus · 20-09-2018 02:41PM

listermint wrote: »

Social housing . low cost housing and private housing mix.

I presume.

I have yet to see any idea put forward to the many in here who have put down the government doing anything. Its almost like they are happy with the status quo where the property market runs away with itself entirely and everyone is less well off (including the economy)

yep, this is the answer if we want to move away from our current housing cycle. but this will require tax increases. enormous tax increases. the million or so low paid workers who currently pay no income tax will need to be brought into the tax pool. middle income families will need to be taxed a fair bit more. ditto for high earners. this will all be a difficult sell.

listermint · 20-09-2018 02:46PM

Augeo wrote: »

That means that every house or home is effectively owner occupied.
So if I want to move counties for work (I have done this multiple times) I can't rent a place ? Nor can I rent out my own place?

That's a fooking loony situation.

How ? Professional firms can run their own professional rentals.

We have a big lump of people who are small fry claiming to be landlords but just jumped on the own some property bandwagon that happened in the 90's/00's driven no doubt by the multitude of stupid property programs on the BBC and ITV during the same period. a large portion of our sitting government actually fit into this bracket too.

And these folks are free to just switch to AirBnB circumventing all sorts of planning laws and local business taxes with Gusto.

The system is an arse presently. And you are not offering any solutions at all. Just shouting down anything with the term 'social or affordable in it'

Genius!

fatherted1969 · 20-09-2018 02:48PM

It's all fairly relative. I got my mortgage in 1995 earning around £60 a day. Mortgage was £189 per month. It wasn't all roses in those days either well not for me anyway

listermint · 20-09-2018 02:48PM

suicide_circus wrote: »

yep, this is the answer if we want to move away from our current housing cycle. but this will require tax increases. enormous tax increases. the million or so low paid workers who currently pay no income tax will need to be brought into the tax pool. middle income families will need to be taxed a fair bit more. ditto for high earners. this will all be a difficult sell.

Fine by me.

Its not a difficult sell if we stop wasting poxy money buying homes at twice their constructions costs all over the country.

We are wasting money tackling this problem , lets not even start on the emergency accommodation bills

listermint · 20-09-2018 02:51PM

fatherted1969 wrote: »

It's all fairly relative. I got my mortgage in 1995 earning around £60 a day. Mortgage was £189 per month. It wasn't all roses in those days either well not for me anyway

So your mortgage was 1/10th your salary then, nothing like todays costs.

20-09-2018 02:53PM

Franz Von Peppercorn wrote: »

Why is this thread even veering off to the unemployed?

Op: millenials can’t afford houses because they spend too much money on avocado on toast.
Rational people: that’s not the reason. it’s the increase in house prices.
Irrational response: WHY DO PEOPLE WANT A FREE HOUSE!

I heard a woman couldn't find room on the bus to carry on her free house so she left it by the side of the road because the social would give her a new one

20-09-2018 02:54PM

listermint wrote: »

Social housing . low cost housing and private housing mix.

I presume..................

listermint wrote: »

How ? Professional firms can run their own professional rentals. .............

Professional firms are still landlords.
The chap suggested banning landlords.

No landlords means no properties for rent.

In the bolded piece above you didn't mention any landlords either, all of the options you detailed would be owner occupied, not for rent properties.

I'm not shouting down anyone btw

listermint wrote: »

Fine by me. .........

It might be fine by you but I doubt it'd be fine by all those who aren't paying tax currently.

kunst nugget · 20-09-2018 02:54PM

bluewolf wrote: »

I heard a woman couldn't find room on the bus to carry on her free house so she left it by the side of the road because the social would give her a new one

I bet it was one of those Nigerians.

suicide_circus · 20-09-2018 02:57PM

I said free accommodation not free house. and of course housing those who can't house themselves is the clear duty of any civilised society. but let's call it what it is - free accommodation.

listermint · 20-09-2018 03:02PM

Augeo wrote: »

Professional firms are still landlords.
The chap suggested banning landlords.

No landlords means no properties for rent.

In the bolded piece above you didn't mention any landlords either, all of the options you detailed would be owner occupied, not for rent properties.

I'm not shouting down anyone btw

It might be fine by you but I doubt it'd be fine by all those who aren't paying tax currently.

thems are the breaks, If we want to start balancing out the economy we need to balance out the housing. Its stifling growth right now. We are actively losing firms to Europe that may have migrated here post Brexit. We are actively losing high earning employees due to lack of housing. We are actively pushing lower earners out from where they are needed in the city.

We need to start somewhere and it has to be a multi pronged approach. There is no silver bullet and that means everything from AirBnB right back to local authority construction organised on a national level.

Its been apathy to date solely due to the fact of self interest inside government. and alot of it.

20-09-2018 03:08PM

I can't see any political party bring low paid workers into the income tax net. It's unpalatable by the left, totally so.

fatherted1969 · 20-09-2018 03:13PM

listermint wrote: »

fatherted1969 wrote: »

It's all fairly relative. I got my mortgage in 1995 earning around £60 a day. Mortgage was £189 per month. It wasn't all roses in those days either well not for me anyway

So your mortgage was 1/10th your salary then, nothing like todays costs.

My mistake, didn't realise a 1/10th of £1200 gross pay was £189. Car insurance in the 90s was far higher in terms of wages than it is now. First car insurance was £1500 on £3 per hour wages for me. Inflation was through the roof too for a long time in the late 80s early 90s. It wasn't easy for a lot of people in those days

No wonder millennials can't afford a mortgage

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