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

  • 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
  • Neil Double
    signed 2014-02-19 21:17:42 +0000
    We need new housing models that can properly address the issue of affordability in areas where people need and want to work – to drive the UK and London economy
  • Matthew Kimber
    signed 2014-02-19 20:54:25 +0000
  • Graeme Kemp
    signed 2014-02-19 20:47:11 +0000
    Something’s gotta change!
  • Matthew Wooldridge
    signed 2014-02-19 20:34:27 +0000
  • John Fitzpatrick
    signed 2014-02-19 20:20:04 +0000
  • @MelissaC601 tweeted link to this page. 2014-02-19 19:58:14 +0000
    The housing market is broken - to fix it we need an end to rising house prices. Sign @pricedoutuk's petition here http://pricedout.nationbuilder.com/prices_petition?recruiter_id=58
  • posted about this on Facebook 2014-02-19 19:58:13 +0000
    The housing market is broken - to fix it we need an end to rising house prices. Sign @pricedoutuk's petition here
  • Melissa Wilson Craw
    signed 2014-02-19 19:57:11 +0000
  • Stuart Barrett
    signed 2014-02-19 19:50:31 +0000
  • Richard Ellis
    signed 2014-02-19 19:43:46 +0000
  • Laurence Oakes-Ash
    signed 2014-02-19 19:42:41 +0000
  • Paul Taylor
    signed 2014-02-19 19:37:20 +0000
  • Bacon
    signed 2014-02-19 19:34:35 +0000
    This is long, long overdue. Ever since the 1980s and even before, the British have been obsessed with houses being an investment or some method of wealth creation and it has skewed our economy to the long term detriment of everyone and continues still to do.
  • Mark Hooson
    signed 2014-02-19 19:34:33 +0000
  • Jules Goldberg
    signed 2014-02-19 19:32:16 +0000
  • Anonymous
    signed 2014-02-19 18:38:35 +0000
    And tax those who buy and leave properties vacant just to make a profit in years to come.
  • 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.