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PricedOut Discussion
Subject: Solution to house price problem
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iamnumerate


First Timer
First Timer
Posts:0


09/07/2007 2:21 AM Alert 
I am sorry but you can not just say that there are millions of homes empty without proof.
Unless we are going to abolish renting property there will always be a few empty homes - but millions ? Where ?
patrickr


Concerned Citizen
Concerned Citizen
Posts:70


09/07/2007 2:56 AM Alert 
Iamnumerate

Iamnumerate
Seconded

Were are all these millions of empty homes??? . I live in Manchester and yes contrary to popular opinion we haven't got loads of empty house here and yes we are priced out here too.

So come on lets see those facts prove we have millions of empty homes and where are they

SquatNow


Activist
Activist
Posts:504


09/07/2007 5:22 AM Alert 
In Luton (sensible commute from London) on RightMove alone there are over 700 empty rental properties.

And look at all the "For Sale - No Chain" adverts.

And luton isn't an exception.

I don't need to waffle some VI generated "Housing Shortage" rubbish, ("Newsflash: estate says there is a housing shortage, buy now or miss out!") If you open your eyes as you walk around you can see all the "to let" and "for sale" signs. Most for sale signs will now be empty properties as no-one can afford to "move up" the pyramid as the steps/rungs are too far apart.

Too many people are waffling on about the latest "estate agent generated figures" and not looking at what is actually happening around them.

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patrickr


Concerned Citizen
Concerned Citizen
Posts:70


09/07/2007 6:13 AM Alert 
Google empty homes england

and get

http://www.emptyhomes.com/documents/stats/Empty_Homes_Statistics_99_2005.pdf

680,000empty in 2005 down from 772,000 empty in 1999

and of them only 1/3 vacant for more than 12 months





and almost 40% of them are in the north

Patrickr
SquatNow


Activist
Activist
Posts:504


09/07/2007 6:27 AM Alert 
Tip: Who do you think supplies the figures?

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SquatNow


Activist
Activist
Posts:504


09/07/2007 6:29 AM Alert 
and anyway.... do you not think 700,000 empty houses is significant? Does having 700,000 empty houses suggest there is not a shortage perhaps?

I'de put the figure at probably twice that in the next 4 weeks, when the final push on new-build hits the market before the slump.

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patrickr


Concerned Citizen
Concerned Citizen
Posts:70


09/07/2007 7:24 AM Alert 
Squatnow

The information has the following notes

Housing Investment Programme returns
NOTES
1. Each year the Department of Transport, Local Government and the Regions collects data on the number of empty homes from each local authority in England and from other Government departments and bodies
2. 'Local authority' is the local authority, eg borough council, district council, metropolitan borough council; 'RSLs' are organisations which provide social housing; 'other public' refers to Government departments and organisations such as the NHS, Highways Agency, Ministry of Defence, etc; 'other private' refers to private landlords who may be individuals or private developers
3. Regional totals as supplied by DTLR may differ from individual boroughs due to additional cross-referencing with other bodies such as Government departments and the Housing Corporation
4. Regional totals have been grossed for missing values

So these are valid figures

Oversupply
An oversupply of back to back 2 bedrooms cottages in Accrington does not address the shortage of 4 bed family homes in Luton.

700,000 homes coming out in the next 4 weeks.
The UK construction industry can only build 200,000 homes per year. Must have sneaked 500,000 on site without telling the construction industry or the planners. Must be some busy builders in Luton.

Come on Squatnow a little bit of research woulld help you back up the otherwise valid statements you make

Patrickr
SquatNow


Activist
Activist
Posts:504


09/07/2007 9:37 AM Alert 
So basically that would be figures supplied by the same government that tell it that weve never had it so good, the health service has never been better and houses have never been more affordable???

Yes the uk building industry may only be able to build 200,000 quality homes a year, but with the help of a group of eastern european migrants they can easily build 500,000 crappy little flats.

New properties - you may not have looked outside the dark-tinted side windows of your BMW lately, but our town/city centers are being "regenerated". What this means is that all the land that was being held by the land speculators for the last 10 years was sold in the last 8 months for development. Thus we have a sudden spurt of development, with hundreds on new "executive flats" popping up in each and every town and city.

A quick look out as you drive around will and you will see the level of new development will be astoundingly obvious.

Almost all of those "executive flats" will, for an array of reason I can't be bothered to go into, have been sold to BTL speculators. Those new flats have yet to come onto the rental market. When they do it will totally collapse the rental market.

To be totally honest, I don't care what you government "official" figures are, and neither does anyone else, because the governments record on making up figures to pump up the housing market is common knowledge.

All you have to do to see I am right it drive down the street and notice how many houses there are with "To Let" boards outside. Anything else is just propoganda.

I'm not spurting government propoganda without thinking if it's true or not, I'm actually looking out of the f**&*g window once in a while. This sort of thing is what makes me so angry... some smug idiot shouting and waiving some random "just made up" government figures declaring there is a house shortage when anyone with half a brain can look out of the window and see all the "to let" signs... what... did you think it said "toilet" or something???

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milly


First Timer
First Timer
Posts:2


11/07/2007 3:37 AM Alert 
The solution/s is easy- people shouldn't be so greedy. I recenlty put my house on the market and sold it for Twenty Thousand pounds less than than the estate agent had valued it at. I also made it quite clear that I would only agree to show and sell the house to a young family. Which we have.

We live in what could only be regarded as a 'starter home', smal Victorian Mid Terrace which we have been living in for 25 years and thought the so called 'Market Valuation' was rediculous in the extreme - couldn't imagine a young family being able to afford it, but a highly paid single person probably could and probably would have bought it and probably, like many many houses in my street, convert it into 2 pokey flats and then sell/rent and make a 'killing'. I could not have lived with myself had I allowed that to happen. The way I look at it, we have more than made a decent profit over the years, no mortgage left on it, why shouldn't we help a young family?

In turn while we have been house hunting, we have been only offering as much as 'we' think the property is worth needless to say, none of our offers have been accepted however, we have had a part in a number of properies having the asking price reduced. I always look at the rightmove.co.uk to find out how much the current owners paid for it and I have on many occasions been absolutely appalled by the profit these people are trying to make - totally mind blowing!

If everyone who is house hunting took this approach, anyone who genuinely wanted to sell because they have to move would have to start asking for more reaonable amounts. Afterall, a house should first and foremost be purchased as a home not as a money making scheme.
timbuck2


Concerned Citizen
Concerned Citizen
Posts:39


12/07/2007 2:18 AM Alert 
Milly,
I take my hat off to you.
Very honourable.
A kind and caring soul.

Good luck to you and your family.
BRAINS


First Timer
First Timer
Posts:0


12/07/2007 4:07 AM Alert 
[MODERATOR: This user's account has been deleted.  Xenophobic, offensive posts will not be tolerated on the forums]
milly


First Timer
First Timer
Posts:2


12/07/2007 4:19 AM Alert 

Alternatively get rid of all the ignorant and moron types like yourself

SquatNow


Activist
Activist
Posts:504


12/07/2007 11:50 AM Alert 
Sadly people shouldn't be so greedy is the same as saying people shouldn't BREATH.

I prefer my solution. Make a list of empty houses in your area, then check the land registry to see which ones are owned by foreign property investment companies.

Then pick one in a nice area and move in.

Even odds they don't realise someones moved in for 2+ years. Most big investment funds know nothing about the houses they buy and never see them... how would they even find out?

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slicedcake


Activist
Activist
Posts:314


13/07/2007 1:15 PM Alert 
Posted By Flopsy on 05/10/2007 7:13 AM
That would make no difference at all in Westminster where council tax is cheap and overseas investor hoard flats.
In some countries "council tax" is 1% of current house value.  If applied to unoccupied properties or UK properties owned by those not actually resident in the UK, it would have an effect.

DICK


First Timer
First Timer
Posts:0


15/07/2007 12:35 PM Alert 
THERE IS NO SHORTAGE OF HOUSES IN THIS COUNTRY, WELL AT LEAST NOT FOR THE NATIVE POPULATION. THE PEOPLE WHO WHINGE ABOUT HOUSE PRICES ARE THE ONES WHO SUPPORT MASS IMMIGRATION INTO THIS COUNTRY. THEY ALSO OBJECT TO FREE SPECH LIKE THE PEOPLE WHO RUN THIS WEBSITE.
unclealbert


Activist
Activist
Posts:442


15/07/2007 10:04 PM Alert 
Very appropriate log-in name DICK.

Really constructive comments, completely arse about face but to be expected.
iamnumerate


First Timer
First Timer
Posts:0


16/07/2007 1:02 AM Alert 
"THERE IS NO SHORTAGE OF HOUSES IN THIS COUNTRY, WELL AT LEAST NOT FOR THE NATIVE POPULATION. THE PEOPLE WHO WHINGE ABOUT HOUSE PRICES ARE THE ONES WHO SUPPORT MASS IMMIGRATION INTO THIS COUNTRY."
What a stupid comment how does more people cause a lack of housing ? It is all the evils banks fault and we must work against them. The idea that for example saying immigrants can not have housing benefits until they have worked here for 5 years is crazy. True most countries in the world do that and have enough homes but that is a coincidence. The fact that immigrants can walk of the plane and get a flat has NOTHING to do with lack of flats for natives.

"THEY ALSO OBJECT TO FREE SPECH LIKE THE PEOPLE WHO RUN THIS WEBSITE."
Free speech is over rated I hope you get banned and hopefully someone will find you and kill you for not being PC.


--------------
Warning the above post may contain a little sarcasm.
patrickr


Concerned Citizen
Concerned Citizen
Posts:70


16/07/2007 2:11 AM Alert 
Dick for Brains, Sorry sub conscious slip there

Dick And Brains

If we were to accept your ideas that Immigrants are a cause of house prices spiralling, how about the fact that most of the demand growth comes from elderley people living longer

Do you both propose we take them out the back and shoot them ???

-------------------------
Warning The above post may contain some irony
gingerboris


Concerned Citizen
Concerned Citizen
Posts:61


16/07/2007 2:46 AM Alert 
I think we need open and honest debate here. Without getting too personal I'm a UK citizen married to a non-UK citizen (who is a permanent resident here contributing to the wealth and health of the nation by the way). However I recognise that short/medium term migrant workers hare having an affect on the BTL sector as they are generally young and single people willing to live like student 5 to a house paying WEEKLY rent per person - so a landlord can make far more money from a 3 bed semi by renting it out to 4 migrant workers (1 in the lounge) than they could expect from a young couple. Say each tenant pays £60 per week - that'd be approaching £1000 PCM (actually more as we are talking about 52 weeks here) whereas the market value of the average rental semi would be no more than £700 in most cases. This in turn fires up BTL and pushes house prices up. Not a scientific approach but one that needs to be considered. Ultimately the GOVERNMENT and local government need to lead on this and not let things continue as they are. I don't object to migrant workers nor do I object to people making money form property but surely more regulation is needed - and the industry won't do it so the government simply has to! At least Yvette Cooper (housing minister) is getting out there and making some noise.
iamnumerate


First Timer
First Timer
Posts:0


16/07/2007 2:52 AM Alert 
I am married to an immigrant. I work with an immigrant who wants to invest in BTL because "immigration will cause house prices to rise". Very few immigrants think that immigration has no effect on house shortages so why do we ignore it?
Surely it is obvious that to have enough house we either need to build more or control immigration. The funny thing is that it would be very easy to reduce immigration - don't give them any benefits for the first 5 years if they are legal and fine those who employ illegals and it would reduce immigration by a lot.

BTW I have no objection to people who come legally (ie not the scum who lie to get asylum) the problem is not them but those who let them without providing houses !
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