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.

 

1,144 signatures

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Showing 878 reactions

  • michael hatch
    signed 2016-07-04 22:33:54 +0100
  • Jo Hughes
    signed 2016-07-02 22:35:21 +0100
  • Michelle Osman
    signed 2016-07-02 08:40:54 +0100
    Always renting over priced houses which prevents you being able to save to buy. House prices are so high making the deposit so hard to save.
  • Mickey Boxy
    posted about this on Facebook 2016-06-27 06:07:23 +0100
    We need the government to target an end to rising house prices. Sign @pricedoutuk's petition
  • Mickey Boxy
    signed 2016-06-27 06:06:22 +0100
    We have 2 children and living on single wage and the rental we pay is crippling. I’m unable to get support as my wages are considered high enough although because of this we are barely able to cover expenses let alone save for anything.
  • Nick Farmer
    signed 2016-06-19 21:58:14 +0100
  • Michael Sykes
    signed 2016-06-12 17:54:14 +0100
  • Katie Duffy
    signed 2016-06-08 16:40:04 +0100
    Katie Duffy
  • Ashleigh Cullen
    signed 2016-06-01 17:42:43 +0100
  • Chris Simkins
    signed 2016-05-31 17:57:26 +0100
    1. Extremely high UK rents and house prices, being massive overheads for citizens and businesses alike, are now affecting UK’s competitiveness as well as impoverishing a generation. The Coalition Government successfully froze Rates for 5 years; now its time for the Conservative Government to Freeze Rents in the same way, say for the next 5 years, and also to abolish Buy to Let Mortgages, to give the 25-40 year old generation a financial chance in life. We expect both Labour and Liberal MPs to support such Rent Freezes ! However as so many MPs and people in the establishment are Landlords regrettably they remain silent on this major issue. Shame on them !

    2. The Governement promises to build more affordable housing = good news. However, with net inward migration currently running at hundreds of thousands per annum, UK just cannot build houses/flats fast enough to meet the ever increasing demand, so prices continue to rise. It seems logical that inward Migration needs to be strictly controlled, as e.g. is done in Australia. But again none of the mainstream political parties seem interested in sensible controls.
  • Nicholas Lynch
    signed 2016-05-27 13:24:19 +0100
    Nick 27 St Albans – I cant afford to live here any more rent is going up every 6 months as landlord keeps us on a 6 month rolling contract so he can keep adjusting it regularly. Horrendous situation that is pricing me out. Luckily I share with my girlfriend but we still pay £900 each with bills and council tax. I try to save a couple of hundred a month but that leaves me with no disposable income whatsoever. If anything goes wrong with my car or any unforeseen costs i have to borrow or use my dwindling savings and I’m one of the lucky ones.


    I’m not asking for handouts here and I know everyone is in the same boat as me but something has got to change quickly or our generation wont be able to support our parents when they need it.
  • Helen Hamilton
    signed 2016-05-21 18:03:48 +0100
  • Simon Wood
    signed 2016-05-21 07:35:35 +0100
    The ridiculous increase in house prices over the last 25 years demonstrates perfectly the alarming short term nature of modern politics. If action is not taken soon, there will be catastrophic social implications.
  • John Spear
    signed 2016-05-19 08:08:58 +0100
  • Matthew Little
    signed 2016-05-17 12:00:03 +0100
  • Jan Prest
    signed 2016-05-13 10:37:13 +0100
  • Bernardo Gollo
    signed 2016-05-03 08:22:22 +0100
  • Emma Moran
    signed 2016-05-02 19:58:36 +0100
  • Joe Yusuf
    signed 2016-04-29 11:27:17 +0100
  • emma sullivan
    signed 2016-04-28 11:54:22 +0100
    We are trapped in the private rent sector, with all of my months salary going on rent & living off my husbands.God help us if we lose one of our incomes, with two teenagers to support or we are given notice to quit from our landlord, it’s taken us in to dept just to afford fees and the deposit.

    The outlook for the children is even worse, to the point where I have told them if they get the chance to leave the UK to do so, as they will propably never be able to afford a home of there own and surport their own families here.In ten years time there will be a generation gap in our society as the young take their skills abroard in order to create a ‘normal’ affordable life. I can see the headlines now of skill shortages. What a shame goverments can’t see past their own term and work for everyones future.
  • Richard Webb
    signed 2016-04-23 15:15:31 +0100
  • thomas smith
    signed 2016-04-19 11:23:37 +0100
  • Pirran Driver
    signed 2016-04-18 16:49:16 +0100
  • Patricia Fitzroy
    signed 2016-04-15 20:19:01 +0100
    Signed
  • Samantha O'Mahony
    signed 2016-04-15 17:39:50 +0100
  • Barbara Kidd
    signed 2016-04-13 12:29:48 +0100
    I am seeing (foreign?) Property developers cramming in high rise flats into urban areas at prices that only the very rich can afford.

    People want to own their own home. A freehold home, with a garden. Eventually everyone gets sick and old. What will happen when you cannot pay your rent anymore? What happens if you can no longer use the stairs when the lift is out of order? Maybe those property developers will be given public money to build poor houses for the elderly and infirm.


    To develop community pride and healthy minds and bodies, people(children especially) need to live in houses with gardens. Some plot of land that belongs to them and they can pass onto their children. It truly is a retrograde step to stuff people into overpriced flats.

    Finally, many people who buy flats will have a very nasty shock. No longer are you in charge of when you do repairs. You cannot budget. These decisions to employ a particular builder to re-do the roof or replace all the windows are no longer under your control. Many people end up having to leave as they cannot keep up with the demands for increasing maintenance charges and rennovation costs.

    The only people who benefit are the rich who have shares in these property development companies
  • Smar Par
    signed 2016-04-12 10:37:26 +0100
  • Laura Friday
    signed 2016-04-10 22:31:05 +0100
  • Rae Cullen
    signed 2016-04-10 15:33:49 +0100
  • Jo Franks
    signed 2016-04-06 23:34:29 +0100