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

  • Daniel Etienne
    signed 2015-02-22 21:01:34 +0000
  • Mustafa Arif
    signed 2015-02-19 03:25:49 +0000
  • Jennifer Baynton
    signed 2015-02-18 07:25:21 +0000
  • Paul Simpson
    posted about this on Facebook 2015-02-14 00:54:09 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Paul Simpson
    signed 2015-02-14 00:53:45 +0000
  • Mariano Carrara
    signed 2015-02-13 11:08:20 +0000
  • Jacqueline Windmill
    signed 2015-02-11 19:36:47 +0000
    Security for tenants. Mortgages for first time buyers. No help for landlords. No help for the rich – it;’s that simple
  • Alan McGilvray
    signed 2015-02-08 14:07:44 +0000
  • Thomas Harris
    signed 2015-02-05 18:15:11 +0000
    If houses cost less then people would have more money in there pockets to spend in the wider economy. British people must be crazy! The only people who prosper from high prices is the banks, gorverment, house builders and btl brigade. If my houses goes up so does the next one I want to buy, if I make money it will all go one day when u need to be put in a care home. You end up next to someone who has never worked and has sponged off the state all their life, they get everything for free while we work and pay for everything. Then end up in the same position. I wish this government would stop propping up house prices to make things look good. People only need to look at Britain’s massive debt and record low emergency interest rate to know all is not well. Do we want our children to be able to move out and start a family and not be a slave to their mortgages? If not we will be left with all the work shy having loads of kids and them kids turning out the same cause they know no different.
  • Jale Avcil
    signed 2015-02-05 16:04:50 +0000
  • James Elliott
    signed 2015-02-05 13:12:02 +0000
    Housing and childcare inflation is pricing even relatively high-earning families out of London suburbs. It’s not just low income families who end up trapped paying ever increasing rent to landlords with short tenancies and constant risk of property monopoly evictions.


    When well paid employees (including sales people) aren’t able to afford anything more than a converted 2 bed flat in traditional middle-earning heartlands (like Twickenham/Whitton), due to house prices inflating over 20% in 2 years then we have a problem which is exacerbated by the same sales people deciding to get on the buy-to-let bandwagon outside of London. Renting inside and letting outside. This has to end.


    The people paying £550k for 2 bed flats and houses are those who got money for buying in more central locations at the right time. The rest of us who didn’t and have been trying to do the right thing by saving all these years are now stuffed.
  • Chris Atkinson
    signed 2015-02-05 05:31:20 +0000
  • David Shaw
    signed 2015-02-04 14:36:13 +0000
  • Faycal Kara-Mohamed
    signed 2015-02-04 13:57:04 +0000
  • Dave Smith
    signed 2015-02-04 12:13:23 +0000
  • zoe savory
    signed 2015-02-04 10:18:11 +0000
    great!
  • john belfield
    signed 2015-02-03 22:50:26 +0000
    A decent house costs £60k to build in labour and materials, so why is the govt so content for me to pay £180K+, and dedicate the rest of my life to paying the debt? We have a government for the retired, not the working. The old are eating the young to survive, like in the 2nd book of Kings. No political part can be trusted to be fair & just, they are all self-interested.
  • Kane Brough
    signed 2015-02-03 17:16:43 +0000
  • Patrick O'Sullivan
    signed 2015-02-03 15:49:33 +0000
  • Mark Brooks
    signed 2015-02-03 15:40:00 +0000
  • Luke Harrison
    signed 2015-02-03 15:02:40 +0000
    Lower house prices = better for the economy, better for the 99%
  • Mathew Hill-Merrick
    signed 2015-02-03 14:28:26 +0000
  • David Arnold
    signed 2015-02-03 13:43:53 +0000
  • Tim Hunter
    signed 2015-02-03 11:57:05 +0000
    Inflation in the price of essentials like food and fuel is widely seen as a problem to be controlled – This should also apply to the price of shelter, which is just another essential.
  • Paul Herwin
    signed 2015-02-03 11:18:52 +0000
  • gareth thomas
    signed 2015-02-03 08:09:39 +0000
  • Teresa Ashby
    signed 2015-02-03 08:09:20 +0000
  • Mark Hawkes
    signed 2015-02-03 00:48:22 +0000
    Housing, on a par with food and water, is a basic need. It cannot be forgone. Ownership of 2nd, 3rd and 4th homes for investment purposes, in an effective housing famine, before many can possess one for their own personal residence is morally repugnant, as is the obscene rate of price growth each year, fuelled by incredibly loose monetary policy and minimal building.


    The social tragedy, behind the scenes, is immense. We have a lost generation on our hands, a generation increasingly devoid of hope to achieve the basic standards of an adult life. How can you form mature relationships and start a family without a secure, dignified base of your own?


    Growing up in the 70s and 80s, I used to think Britain was a civilised country. I find it increasingly hard to believe that now.


    I knew a barber and a beer salesman. Both bought houses recently. The barber scrimped and saved and promised to cut down on the beers. The salesman did his maths and found he could reduce his haircuts to 6 a year. They are both indirectly doing each other out of their jobs because the behemoth expense of housing in Britain sucks up all our income, leaving little left over to boost new opportunities in the economy. Soon the only industry left in this country will be “Property”. There will be no sciences or creative industries left!
  • Jose A. Fuentes Garcia
    signed 2015-02-02 21:49:21 +0000
  • John Hodgson
    signed 2015-02-02 21:44:18 +0000