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.

 

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Showing 882 reactions

  • 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