You can build as many houses as you like, assuming the majority of these houses are to be towards the affordable end of the scale, this will have little to no impact on property types/areas that are sought after and more desirable. They will continue to be so, and prospective buyers will want to offer accordingly.If there is a shortage of tomatoes, driving the price up, normal process is to improve the supply of tomatoes to reduce or remove the shortage.
Incidentally, car insurance works the same way, and the industry is subject to repeated peaks and troughs.
The wages of MPs do not work the same way, because they set their own pay, regardless of oversupply and ability to do the job
Have you been following the thread? You seem to have an agenda, regardless.Eh?
What?!?
So what do you propose, some sort of cap on value appreciation? What do you deem acceptable? 1% pa, 2%, 3%, more?
By the wealthy.controlled
Here is another one for youWho said property shouldn't be an investment?
Increase the amount of available and let market forces do the rest. You'll still have more desirable places and properties that will defy logic, but it will help stop the blood sucking parasitic hounds from fugging it up for the majority.
I have kids.No one is asserting that anyone should lose money.
But yours is a very selfish, short-term view.
Those of us that have kids, we naturally want to do what we can for them.
Safety and security, good morals, education, that sort of thing.
When helping out with their purchase of first house - using the bullshoite "value" yours has accumulated - becomes a necessity rather than a bonus, where does it logically end?
It's unsustainable.
Unless you want people to invest in growing tomatoesActually, you are mistaken (no surprise there)
Let's suppose there is a commodity, which can readily be bought and sold on the open market.
Everybody needs one. Everybody has one. Almost always, people who have one keep it for many years, and only sell it when they buy another.
Suppose for some reason you need to sell one, and buy another.
On Monday they both cost £1.
On Tuesday they both cost £2
On Wednesday they both cost 75p
On each of those days, you need one, and you have one.
If you view a house as a home for living in, fluctuations are of little importance.
Of course, if you are a speculator,buying tomatoes in the hope of reselling them at a higher price, you would like the price of tomatoes to constantly rise. Same with gold, or oil.
Any if one commodity ceases its constant rise, you stop speculating on that, and start speculating on something else.
You have no Minerva-given right make profits of infinite value and for an infinite period based on your belief that tomatoes must forever increase in value.
This is not "unfair" or based on hatred of tomato speculators.
Asset price inflation is not a good thing.
Certainly is. I was out in some fantastic sea yesterday.I don't think the thrill of sailing is doing it for him any longer.
No one did. The RWR make stuff up when they start losing an argument.Who said property shouldn't be an investment?
As we said....I was out in some fantastic sea yesterday.
True, but tough call.I think he should find a woman
What is RWRNo one did. The RWR make stuff up when they start losing an argument.
Right Wing R'tard.What is RWR
But market forces are already “doing the rest”.Have you been following the thread? You seem to have an agenda, regardless.
Increase the amount of available and let market forces do the rest. You'll still have more desirable places and properties that will defy logic, but it will help stop the blood sucking parasitic hounds from fugging it up for the majority. I could not care less if my home goes up or down in value, as all the others in the town will do the same.
Got one. Took her sailing yesterdayTrue, but tough call.
...but without the glut of homes.But market forces are already “doing the rest”.