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.

 

1,148 signatures

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Showing 881 reactions

  • karyn lish
    signed 2014-02-20 17:06:42 +0000
    My family and I all have to share a bedroom as not only rents are too high but my husband also has to pay £4000 a year just to get to work on the train. We are lucky if we make it through the month without touching our overdraft let alone put something by for a deposit. We always worry that our rent will be put up as we are living on a very tight budget and would have to move our children out of their school if we don’t find somewhere affordable locally. It weighs heavily on you when you have a family and have to accept that they will never grow up in a family home.
  • Liz Jones
    signed 2014-02-20 16:53:49 +0000
    I have been fortunate, and have recently escaped the private rented sector and bought a house. However, this strengthens my feeling that prices should not rise; in fact I would be happy if they dropped. (I intend to live in this house until I die, unless I downsize; certainly I don’t plan on using it to make money.) The housing situation in this country is appalling. I rented for nearly 20 years, and though I was lucky to be able to afford decent enough places to live, nothing about the situation was ideal, especially once I had children. The rising cost of housing and instability for so many people in rental accommodation has to end. It’s barbaric.
  • Tracy Goslar
    signed 2014-02-20 16:52:12 +0000
    Speculation in the housing market has a marked negative effect on the economy. It benefits a tiny section of the population but is damaging for most other sectors
  • Anonymous
    signed 2014-02-20 16:00:18 +0000
    Quite agree. Land should be compulsorily purchased on outskirts of towns for development, loosen countryside planning to encourage small scale and self build and new towns constructed.
  • German Munoz
    signed 2014-02-20 14:59:41 +0000
  • posted about this on Facebook 2014-02-20 14:30:15 +0000
    The housing market is broken - to fix it we need an end to rising house prices. Sign @pricedoutuk's petition here
  • Linda Scutcher
    signed 2014-02-20 14:15:32 +0000
  • Chris Scutcher
    signed 2014-02-20 12:19:23 +0000
    Having a stable home, to call ones own and build a life in, is a basic human right.
  • Adam Beresford
    signed 2014-02-20 12:07:12 +0000
  • Paul Wellman
    signed 2014-02-20 10:28:04 +0000
  • Thomas Henwood
    signed 2014-02-20 10:23:54 +0000
    Housing is a basic human need, not just a means of capital accumulation for the wealthy.
  • Bridget Rennie
    signed 2014-02-20 10:16:37 +0000
  • Ilse Scullion
    signed 2014-02-20 08:56:03 +0000
  • Katherine Hicks
    signed 2014-02-20 08:46:07 +0000
  • colin wiles
    signed 2014-02-20 08:21:25 +0000
  • Mick Bellarby
    signed 2014-02-20 05:32:38 +0000
  • Michael Scott
    signed 2014-02-20 00:04:07 +0000
  • PricedOut admin
    followed this page 2014-02-19 23:53:32 +0000
  • Hutchinson
    signed 2014-02-19 23:32:31 +0000
  • Pam Waterhouse
    signed 2014-02-19 23:11:48 +0000
    I’m tired of the baby boomer generation saying that if only we saved harder, or moved to a cheaper town, then we could sail onto the property ladder with no bother. It’s not as simple as that!
  • David Goldfinch
    signed 2014-02-19 23:00:45 +0000
    I have three sons who are going to be hit by an unprecedented combination of record tuition fee debt, record house prices, 3% pensions deductions and ever more graduates chasing fewer jobs for less money. The get-rich-quick spiv mentality encouraged by politicians of both right and left disgusts me. Empty homes, empty shops, second homes, third homes, multiple properties to let, immigrants buying their way in – the situation makes me sick.
  • Venter
    signed 2014-02-19 22:53:07 +0000
  • Jackie bussey
    signed 2014-02-19 22:49:24 +0000
  • Joy Edwards
    signed 2014-02-19 22:45:47 +0000
  • nick Howell
    signed 2014-02-19 21:58:26 +0000
    Free credit; costing less than inflation, it designed buy our crony capitalist elites to inflate house prices while MPs, Journalists, Editors and newsreaders enrich themselves with property portfolios. Note their silence while the priced out generation, who are not politically active and have no one significant to speak for them, suffer.
  • Francis Lunn
    signed 2014-02-19 21:44:56 +0000
  • Max Wilkinson
    signed 2014-02-19 21:43:30 +0000
  • posted about this on Facebook 2014-02-19 21:40:05 +0000
    The housing market is broken - to fix it we need an end to rising house prices. Sign @pricedoutuk's petition here
  • Michael Fowler
    signed 2014-02-19 21:39:11 +0000
  • Anonymous
    signed 2014-02-19 21:21:47 +0000