Timeline for Is there a feasible route by which UK housing can be made more affordable without devastating the housebuilding sector and its employees?
Current License: CC BY-SA 3.0
7 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Feb 28, 2020 at 15:23 | comment | added | Criticizing Israel not allowed | @Jennifer If you can't pay for it immediately, you can't afford it. | |
| Mar 7, 2018 at 10:04 | comment | added | pjc50 | Pensioners either already own homes or are never going to. Most mortgage companies won't allow a mortgage with a final payment date that extends past normal retirement age. It's far more common to go in the other direction with "equity release" etc. | |
| Mar 7, 2018 at 6:28 | comment | added | Jennifer | Someone at the beginning of their work/accumulation cycle can absorb the cost, but pensioners who could have bought a place outright in a normal market are shut out. I've noticed that the exploding price of housing in major cities is a worldwide phenomenon, not just in London and San Francisco. Quantitative easing is the process of introducing new money into the economy to combat recession, and that is what is driving cheap money. | |
| Mar 7, 2018 at 6:28 | comment | added | Jennifer | The main thing the Government can do to make housing more affordable is to make it easier to borrow money for mortgages. Unfortunately, this is also the main reason prices are going up -- as most people judge affordability not by the total price, but by the monthly payment. | |
| Mar 5, 2018 at 20:04 | comment | added | pjc50 | Yes - get local authorities, especially London, to run municipal housing associations, based on the income from Housing Benefit, low-risk bond financing, and some of the existing "fix the housing market" funds. | |
| Mar 5, 2018 at 15:43 | comment | added | NoDataDumpNoContribution | Links can break over time. The linked strategy somehow calls for some kind of leveraged financing of public construction? | |
| Mar 5, 2018 at 15:18 | history | answered | pjc50 | CC BY-SA 3.0 |