Petition the government to target an end to rising house prices

In the past decade, the number of people stuck in the private rented sector has doubled. Houses already cost 10 times the average salary and their price keeps rising faster than wages. Now it takes a family 12 years to save a deposit on the average house, and today’s young adults are expected to be worse off than their parents. 

The only way housing will become affordable is if earnings start rising faster than house prices. By setting a house price inflation target of zero percent, the government would need to focus on fixing the housing market. But they won’t do anything unless they know people will vote for it.

Read more:

Why we are calling for the government to target 0% house price inflation

Our proposed solutions 


 

We, the undersigned, call on Her Majesty’s Government to set a house price inflation target of zero percent and to pursue policies to achieve this including a programme of housebuilding, property tax reform, and providing rented housing that tenants aren’t desperate to escape.

 

1,157 signatures

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Showing 885 reactions

  • Ryan Barker
    signed 2015-04-12 16:56:21 +0100
  • Ivan Emsden
    signed 2015-04-10 12:28:47 +0100
    All sensible ideas but very difficult to convince most people that house prices should only rise in line with wages.Also no political party appears to face up to the problems caused by the let-to -buy explosion.Surely stopping mortgage interest relief would raise some tax income and discourage some buy-to-letters!!

    A reduction in immigration might also help in some small way.
  • Marcus Vidler
    signed 2015-04-08 13:52:43 +0100
  • Lynn Hughes
    signed 2015-04-04 20:16:05 +0100
  • Dominic Leigh
    signed 2015-03-31 11:26:39 +0100
  • Louise Moss
    signed 2015-03-30 22:37:01 +0100
  • No spined Bitch
    signed 2015-03-30 11:30:48 +0100
    So, recently I have been having to live on the streets because of my house being taken away. This lead to my spine being kicked in my thugs and it is now at a 90 degree angle. While this was happening, they took out a pistol and blasted my cat in the head causing it to fly off and fly up my bum bum. Now because this is so hairy, it got all sticky and I toppled over because of my spine. I really need this spine transplant, and hopefully, my son will one day be able to use it as a crooked dildo. My son fawaz is very fond of them you see, and likes big long pink ones to tickle him on his moustache.
  • Eliot Herbert
    signed 2015-03-30 11:24:23 +0100
    My brother Joshua needs help with using his new fuck master pro. He uses it in the garden every day and I don’t know how to use it properly. If I could afford a house maybe I could afford it
  • Hassan Miah
    signed 2015-03-30 11:19:05 +0100
    POSTMAN PAT
  • Eleri Caruana
    signed via 2015-03-30 07:55:44 +0100
  • Owain Evans
    signed 2015-03-29 16:28:57 +0100
  • Ruth Glenister
    signed 2015-03-29 05:46:00 +0100
    For the last 3 years our rent has increased around 2-4x faster than our salaries. The cost of moving every few years, to an increasingly smaller property, is a stress we don’t want to endure all our lives. Security is needed for peace of mind, as much as avoiding poverty.
  • Bruce Shepherd
    signed 2015-03-25 13:26:49 +0000
  • Nicola Stockton
    signed 2015-03-25 11:31:13 +0000
  • Laura Shepherd
    signed 2015-03-24 21:24:45 +0000
  • Dominic Waithe
    signed 2015-03-24 20:47:40 +0000
  • Tom Putney
    signed 2015-03-21 17:49:07 +0000
  • Joanna Szostek
    signed 2015-03-20 09:08:10 +0000
  • Cat Macgregor
    signed 2015-03-19 17:18:55 +0000
  • Clair Woodward
    signed 2015-03-18 10:02:34 +0000
  • Meera Kumar
    signed 2015-03-14 22:13:54 +0000
    Lone parent, keyworker isn’t going to get a slice of pie. Instead a child will get to tour the inside of many primary schools due to increased rentals, due to move to 3rd primary school because of it.

    Moving costs a minimum of £1000, depleting Savings every few years. Shared ownership, ‘low cost housing’ is a myth, a Conservative speak….. er I mean Coalition….. a cry that Labour mimics. Are developers and so called charity associations acquiring relief, tax or otherwise for supposedly providing ‘low cost’ housing to help the less fortunate to get a step on the ladder. At one first time buyer home show, a person put on stage exulting the pros who could get a slice of shared ownership, 2 bed flat, Greenwich was on a £50 – 60k salary + £partner’s salary + 70k deposit. Shared ownership where I live, the housing association is offering £500k 2 bed, £650k 3 bed properties with salary of £45 – £60k – £85k plus deposits can go up to £90k and so who is actually going to get this ‘low cost housing’ alternative to buy? Not the people it should be meant for. And where are the keyworker schemes where did they go?! I can’t help feeling there are some fat cats, pulling strings, sitting licking the cream off their chops.
  • ceri williams
    signed 2015-03-12 08:21:22 +0000
    They are deliberately allowing the very rich to buy up the UK like they are doing in Canada then no-one else who works here can afford to live here -meanwhile the very rich don’t even add to the economy
  • Andy Thompson
    signed 2015-03-11 19:58:32 +0000
  • Anna Walsh
    signed 2015-03-10 21:43:00 +0000
  • jessica duxbury
    signed 2015-03-07 01:13:37 +0000
  • Marcus J Wilson
    signed 2015-03-06 13:34:51 +0000
  • Anette Gould
    signed 2015-03-05 20:15:58 +0000
  • Sylvia Gauthereau
    signed 2015-02-25 12:25:32 +0000
  • Chris Mullett
    signed 2015-02-23 06:51:55 +0000
    5 Point Plan to repair the housing market.


    1, Stop right to buy or increase qualification period to 25 years.

    There is no incentive for councils to build new property if all the good stuff is snapped up through right to buy. There needs to be a large pool of council housing to keep rents down if the is no rent control legislation.


    2, Build more homes.

    Allow councils to build more homes without the fear that they are going to be lost through right-tobuy..


    3,VAT on second homes & buy-to-let.

    You can only live in one house at a time, any more is a luxury and should be taxed accordingly. There are vast swaths of second homes in the countryside that are empty during the week and the locals are excluded from the market. The tax should also be applicable to foreign buyers to dissuade property banking and to any one for whom the property is not their primary dwelling. This would help even up the market for first time buyers.


    4, Stop property/land-banking.

    Empty properties should only have 0% council tax for the first six months.

    Next 6 months-1 year 100%

    1-2 years 200%

    2-3 years 400%

    3-4 years 800%

    4-5 years 1600%

    Properties & brown-field sites still empty after 5 years default to local council ownership, to help replace that lost through right to buy.


    5, Fixed fees for estate agents

    Estate agents should no longer be able to charge a percentage. With the internet & electronic media, the actual cost of selling a house has gone down. But with estate agents charging a percentage, it is in there interest to push the price as high as possible.
  • Daniel Etienne
    posted about this on Facebook 2015-02-22 21:03:34 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition