Immigration is driving up house prices

[vetran]

https://www.facebook.com/TheUKIP/posts/590777804275948

Planning minister; "Immigration is driving up house prices prices. 2 million immigrants over the last decade has left Britain short of houses." ....He wouldn't have dared say that before the UKIP by-elections results which finally released the cat that must never be spoken of out of the bag......................Now 'houses better than green fields' minister says immigration is driving up home prices | Mail Online

only paper covering it, sorry.

[alreadypacked]

https://www.facebook.com/TheUKIP/posts/590777804275948

Planning minister; "Immigration is driving up house prices prices. 2 million immigrants over the last decade has left Britain short of houses." ....He wouldn't have dared say that before the UKIP by-elections results which finally released the cat that must never be spoken of out of the bag......................Now 'houses better than green fields' minister says immigration is driving up home prices | Mail Online

only paper covering it, sorry.

Immigrants are in the UK to get money to send back to their family/home countries. The £ is currently over valued, so the £ will buy a lot overseas. If the £ crashes many of the immigrants will leave. They left Ireland after the crash.

Switzerland has see an increase in the number of immigrants arriving, but they are having trouble bypassing the Swiss rules and move on. No dole here.

[vetran]

many are here for jobs as there are none at home, they also benefited from free healthcare and benefits (subject to qualification) why would they go home if benefits remain at 3 times higher than average wage at home?

lets hope it doesn't have to get as bad as Ireland before people want to go home.

[Mich the Tester]

many are here for jobs as there are none at home, they also benefited from free healthcare and benefits (subject to qualification) why would they go home if benefits remain at 3 times higher than average wage at home?

lets hope it doesn't have to get as bad as Ireland before people want to go home.

Many immigrants from outside Europe won't 'go home' because if they do, it's bloody nearly impossible to come back to Europe again; by cutting off circular migration, which is a completely normal, everyday occurrence in many parts of the world, European countries have ensured that once people from overseas get here, they stay even when they find themselves with no job and little hope of improving their lot.

[DimPrawn]

BBC News - US house prices 'in biggest rise for nearly seven years'

You don't think it's the trillions of £$Yen "printed" that went into govt bonds (debt) that's now being sold and piled into everything else then?

[doodab]

BBC News - US house prices 'in biggest rise for nearly seven years'

You don't think it's the trillions of £$Yen "printed" that went into govt bonds (debt) that's now being sold and piled into everything else then?

Nah.

[AtW]

Planning minister; "Immigration is driving up house prices prices. 2 million immigrants over the last decade has left Britain short of houses."

How many immigrants actually own houses and how many of those houses ain't packed fully with their family or rented to other immigrants?

At start I rented a room in a house - other rooms were also rented out, you can't get more efficient with house stock than this. Many immigrants share rented rooms to cut costs.

The main reason for high house prices is continued reckless lending by banks that was and still is encouraged by the Govt in the first place.

It is the Govt that is **** scared that house prices would drop massively - that's the only thing they really did in the whole crisis - propped up residential real estate bubble with freshly printed money.

[tractor]

How many immigrants actually own houses and how many of those houses ain't packed fully with their family or rented to other immigrants?

At start I rented a room in a house - other rooms were also rented out, you can't get more efficient with house stock than this. Many immigrants share rented rooms to cut costs.

The main reason for high house prices is continued reckless lending by banks that was and still is encouraged by the Govt in the first place.

It is the Govt that is **** scared that house prices would drop massively - that's the only thing they really did in the whole crisis - propped up residential real estate bubble with freshly printed money.

Let it all crash and find its' own price.

What is the difference between 'rich' (financially reckless) homeless and poor homeless lol

[Old Hack]

BBC News - US house prices 'in biggest rise for nearly seven years'

You don't think it's the trillions of £$Yen "printed" that went into govt bonds (debt) that's now being sold and piled into everything else then?

It's basically the US government underwriting all mortgages.

It's going to happen here too.

[AtW]

It's basically the US government underwriting all mortgages.

It's going to happen here too.

It's already happened as Osborne offered Govt guarantees to reduce deposit size required to buy house - taxpayers are on the hook for any shortfall.