Should billionaires and multinationals pay fair tax?

[carmanmemoranda]

The shortage of houses is not the private landlords fault but the house builders themselves - its not in their interest to build too many too fast. Its a controlled throttling.

And the government/councils not having any stock

 

[carmanmemoranda]

But market forces are already “doing the rest”.

Apart from the increasing supply part

 

[motorbiking]

I think the bit you are probably missing is that we live on a small crowded island, that is a highly desirable place to live. Unless you change people’s definition of a “nice home” you will never be able to build enough homes to depress prices in the way you want. There will always be someone wealthier who can buy it.

If you do manage to depress the price, nobody will want to build the houses.

House prices will come down when there isn’t someone who can buy it at the price being asked.

If you want some kind of national council house building program then I’ve nothing against that. But it will be a lot easier to make happen if you don’t destroy the value of the asset.

 

[diy_fun_uk]

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.

I am confident the majority, maybe the vast majority, of UK home owners would disagree with you.

 

[carmanmemoranda]

I think the bit you are probably missing is that we live on a small crowded island, that is a highly desirable place to live. Unless you change people’s definition of a “nice home” you will never be able to build enough homes to depress prices in the way you want. There will always be someone wealthier who can buy it.

If you do manage to depress the price, nobody will want to build the houses.

House prices will come down when there isn’t someone who can buy it at the price being asked.

If you want some kind of national council house building program then I’ve nothing against that. But it will be a lot easier to make happen if you don’t destroy the value of the asset.

On that logic houses would always have been out of reach of most

 

[carmanmemoranda]

I am confident the majority, maybe the vast majority, of UK home owners would disagree with you.

So a house increases in value.

When do you ever see that value unless you downsize, or die. And you don't see it then.

It's paper value, nothing more. But it stops others, like the younger you, from owning a property.

 

[noseall]

destroy the value of the asset.

More made up waffle.

 

[noseall]

I am confident the majority, maybe the vast majority, of UK home owners would disagree with you.

Homeowners...? Or do you mean people that own houses? What do a majority of renters have to say?

 

[motorbiking]

In 1967, half (51%) of the English housing stock was owner occupied, 29% was rented in the social rented sector, and 20% was privately rented. Fifty years later, 63% of the stock was owner occupied, 17% was in the social rented sector and 20% was privately rented.

Today it’s still pretty much 50%.

 

[JohnD]

I think the bit you are probably missing is that we live on a small crowded island

I think you are pretending not to know what percentage of GB is built on.

 

[Brigadier]

How abut this for you

My quote was to another post.

Try harder next time.

 

[noseall]

I think the bit you are probably missing is that we live on a small crowded island,

Debunked and irrelevant and even more reason to fill in the (brown land) spaces.

 

[noseall]

My quote was to another post.

Try harder next time.

He's not the brightest, bless.

 

[Brigadier]

Are you referring to housing associations or the private landlord with 1 or 2 houses.

Landlords, plural.

 

[JohnD]

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.

Have you ever heard of a Supply and Demand curve?