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

  • Martin Pfutzner
    signed 2015-02-02 20:55:12 +0000
  • Adam Akhtar
    posted about this on Facebook 2015-02-02 20:39:52 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Adam Akhtar
    posted about this on Facebook 2015-02-02 20:39:52 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Adam Akhtar
    signed 2015-02-02 20:39:37 +0000
    Ever increasing house prices make the UK ever more noncompetitive in the Global market and are an extreme drag on labour force mobility.
  • Neil Bradbury
    signed 2015-02-01 19:20:55 +0000
  • John Buckle
    signed 2015-01-31 19:27:31 +0000
  • Marina Blazeviciene
    posted about this on Facebook 2015-01-30 19:52:16 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Ross Higman
    signed 2015-01-29 16:30:28 +0000
  • Nick Shaw
    signed 2015-01-29 10:36:00 +0000
  • J Sinclair
    signed 2015-01-28 19:38:06 +0000
  • Alan Baker
    signed 2015-01-28 13:47:50 +0000
    Rising house prices is simple corruption on a mass scale.

    As a home owner, mortgage free, I can not think of anything worse than the continue deliberate, manipulated manner Govt, Banks, Treasury, BoE all work together with other vested interests to force Asset values Up…..


    It does no one any good.. STOP


    The sooner those who are farmed as serf for rents,

    The sooner the mortgage (olde French for death by strangulation) debters who are equally trapped…. see that UK Housing is a manipulated Ponzi scheme based on Greed and to protect the £1.7Trillion of Bank held asset debt….

    the sooner Gov’t will realize their jobs are at risk when the many millions vote against them….
  • Joy Marshall
    signed 2015-01-22 20:25:41 +0000
    I live in the north west of England and it is hard enough here for young people to try and get on the property ladder, The disparity in property prices – and, subsequently, private rental costs, between here and the South, especially London, is breathtaking.

    As well as my grave concerns that so many people will never be able to afford to buy, I dread to think what this huge increase in private rental charges – even for the most modest home – is doing to the country’s Housing Benefit bill. All too many working families are now having to claim this welfare.

    No longer able to work, due to ill-health, I consider myself to be really fortunate to have the security (or should I say luxury?!) of decent social housing. At least my claim for Housing Benefit is a modest one. The country needs truly affordable housing and quality low-cost rental properties that don’t cost the taxpayer a fortune and line the pockets of avaricious landlords

    Also let’s not just build new housing but also refurbish the massive numbers of empty homes around the country.
  • Lucia Hull
    signed 2015-01-21 13:35:19 +0000
    I am priced out of the market. Need to do something about foreign investors too. They buy 80% of property in London, use it as an investment and pay no tax. Foreign wealth has skewed the market as well as the other problems you mention. Need to introduce laws so that non-domiciled investors are no longer attracted to the UK so that people who live here can afford to.

    I live with my husband and two daughters renting in my parents home. Hard to think this is a first world country at times. The way rich internationals are welcomed at the expense of British citizens is damaging society.
  • Tim Lund
    signed 2015-01-21 12:31:02 +0000
  • Frances Copeman
    signed 2015-01-19 13:49:40 +0000
  • Peter Bagnall
    signed 2015-01-18 10:47:42 +0000
  • Malcolm Smith
    signed 2015-01-17 19:33:51 +0000
  • Steven Erwin
    signed 2015-01-17 14:47:13 +0000
  • Alexander Lewis
    signed 2015-01-17 14:30:04 +0000
  • John Boyle
    signed 2015-01-16 22:05:22 +0000
    We need to remove the Green belt to make land available for housing which is in close proximity to jobs
  • Sam Findlay
    signed 2015-01-16 10:32:10 +0000
    Everyone should see this video about Land Value Tax… http://youtu.be/1pYSsME_h7E
  • neil briggs
    signed 2015-01-14 08:43:38 +0000
  • posted about this on Facebook 2015-01-13 16:39:42 +0000
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Charlene Blackwood
    signed 2015-01-13 16:39:11 +0000
  • Dan Kelly
    signed 2015-01-13 11:51:54 +0000
  • katinka day
    signed 2015-01-13 04:57:52 +0000
  • Barry Edwards
    signed 2015-01-12 22:57:14 +0000
  • Adam Tallamy
    signed 2015-01-12 22:30:24 +0000
  • Bill Cartwright
    signed 2015-01-12 21:38:41 +0000
  • Karen O'Sullivan
    signed 2015-01-11 22:13:08 +0000