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PricedOut.org.uk

PricedOut.org.uk is the national campaign for affordable house prices and is actively lobbying the government to:

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  • Taking part in the campaign
House prices are falling

House prices have been falling for several months. Use these tools to track the falls:
Think high house prices are good for you?

Think again. Find out how high prices are really costing you and your family more money.
Gordon Brown, 1997 Budget Speech.
 

Ratio of averge UK house prices to average earnings 1970-2007
Ratio of averge UK house prices to average earnings 1970-2007
Petition
http://petitions.pm.gov.uk/landlordspaytax/

This petition is now closed.  In total 319 signatures agreed with the petition statement:

We the undersigned petition the Prime Minister to Remove all tax incentives and bonuses that property investors currently enjoy.

The phenomenal rise in popularity of Buy-to-Let investment and other types of residential investment is a significant contributor to house price inflation. There is now an obscene divide between people who own property as investment and those priced out of home owner-occupation and the security that brings them and their families. Tax breaks on property investment only add to this economic disparity and must be removed as a minimum step towards levelling the playing field.

Read the response to this petition, issued by the Prime Minister's office here.

A similar petition here runs until July 2008.
Prescott blames the banks for the housing boom
Location: BlogsPricedOut    
Posted by: PricedOut Fri, 02 May 2008 10:08:11 GMT

John Prescott, the former deputy prime minister, has accused Britain's "greedy" banks and building societies of destabilising the economy by fuelling the boom in house prices over the last 10 years.

In an interview with Property Week published today, Prescott said the UK banks had abused the benign economy conditions of the last decade.

So what was he doing for the last 5 years while this was happening? He was coming up with flawed shared ownership schemes and so-called affordable £60,000 homes that are now selling for £175,000. 

To think we once believed Gordon Brown when he said he "would not let house prices get out of control". Instead they self congratulated, screwed, binged and puked while the options of home buyers got fewer and fewer.

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Re: Prescott blames the banks for the housing boom    By james armstrong on Mon, 26 May 2008 19:51:50 GMT
John Prescott should know. He commissioned the bank of England , monetary policy comittee member Kate Barker to ' review' house prices ,but she told theworld and john prescott in her introduction to teh Interim report-<br>"zero growth in house prices is neither achievable nor desirable'<br>Prescott either was not let in on Gordion Browns?eddie George's pact to use rising housing debt, achieved by rising house prices , as a way of stimulating the economy. and kate Barker explicitly quoted to tehe institute of economic affairs, with approval a 1997 paper'Manipulating House prices' as the blue print for this policy. Presciott would have been marginally more accurate if he had blamed 'The Bank', singular. James A

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