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.

 

1,120 signatures

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Showing 865 reactions

  • Jack Rigg
    signed 2014-02-19 18:26:09 +0000
    For too long housing had been treated as a commodity to be speculated in. The excluded just want the security and stake on society this basic human necessity provides yet our leaders insist on putting it out of our reach.
  • stephen jones
    signed 2014-02-19 18:14:42 +0000
    Until Cameron openly states that he wants to see house prices fall and not rise…he is knowingly complicit in destroying the future of our youngsters. We house owners do not gain by rising house prices…only banks, builders, landlords,and estate agents
  • Rocha
    signed 2014-02-19 18:10:31 +0000
  • Tom Chance
    signed 2014-02-19 18:01:15 +0000
    I completely support this, homes shouldn’t be a substitute for pensions or investments in productive businesses.
  • Caroline Warren
    signed 2014-02-19 17:35:35 +0000
  • Matthew Jones
    signed 2014-02-19 17:26:43 +0000
  • tony day
    signed 2014-02-19 17:24:33 +0000
    I would just like a place to live. A small place. That doesn’t cost the earth to live in. Is that too much to ask?
  • David Holland
    signed 2014-02-19 17:23:09 +0000
  • Collins
    signed 2014-02-19 17:16:48 +0000
  • Anonymous
    signed 2014-02-19 17:12:06 +0000
    As an engineer, I think there is plenty of possibility for using computer-controlled manufacturing to make affordable new housing. Once a government-commissioned design is done, it can be made and re-made using CNC-milling of plywood panels, which reduce the level of skill and time required to make individual houses. (This was demonstrated beautifully on a Grand Designs Episode). Please contact me if you need more information.
  • Chris Upson
    signed 2014-02-19 16:44:06 +0000
  • Dr Christopher Daley
    signed 2014-02-19 16:41:33 +0000
  • Sarah Kerry
    signed 2014-02-19 15:34:53 +0000
  • Stephen Robinson
    signed 2014-02-19 15:33:09 +0000
    The lack of affordable housing is a major problem facing the UK. We need to build more houses.
  • Rita O'Brien
    signed 2014-02-19 15:31:44 +0000
  • Onisillos Sekkides
    signed 2014-02-19 15:31:33 +0000
  • Stephen Foster-Pilkington
    signed 2014-02-19 15:29:25 +0000
  • Rosie Walker
    signed 2014-02-19 15:20:01 +0000
  • Sarah Besly-Quick
    signed 2014-02-19 15:17:49 +0000
  • James Falaise
    signed 2014-02-19 15:00:13 +0000
  • Darren Sexton-Kerr
    signed 2014-02-19 14:52:09 +0000
  • Dan Wilson Craw
    signed 2014-02-19 14:49:00 +0000
  • Chris Vinson
    signed 2014-02-19 14:47:06 +0000
  • Alfie Dale
    signed 2014-02-19 13:47:28 +0000
  • Kate Dreyer
    signed 2014-02-18 12:16:43 +0000