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Mauve Monkey speaks on R4

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    #11
    Originally posted by bobspud View Post
    Im pretty sure I am missing a point. What did that have to do with the post?
    It was the very reasonable point that if (in some parallel universe where Will Self's daftly idealistic idea was acted on) boomers were forced out of their homes, legally or by moral pressure, then their offpsring in the UK wouldn't benefit as intended if the said homes were immediately snapped up as investments by rich foreigners, as is allowed today.

    At least, that's how I understood it.
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      #12
      Originally posted by bobspud View Post
      another point is until we ban foreign investors buying homes all that will happen is that lots more housing would fall out of UK ownership and the next generations would still be sat on the side lines struggling to buy a nice family home.
      So they will setup UK Ltds and buy same houses.

      If foreigners are fecking buying something for lots of money, then build more of it! Simples.

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        #13
        Originally posted by AtW View Post
        So they will setup UK Ltds and buy same houses.

        If foreigners are fecking buying something for lots of money, then build more of it! Simples.
        Big land owning companies (Tory donors too), own most of the available land, they sit on these land banks to restrict building, and force up prices.

        They are like OPEC, but for UK housing....

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          #14
          The solution isn't to throw money at the problem.

          Prices need to fall through tighter lending, and future lending needs regulation.

          Cheap housing is the answer, not more money to buy expensive housing.
          http://www.cih.org/news-article/disp...housing_market

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