Reply to: Unaffordable property prices

[AtW]

Not true. Royalty visit Swindon regularly.

I said WANTS

[greenlake]

Not true. Royalty visit Swindon regularly.

More regularly than you think....

[DimPrawn]

Nobody wants to visit Swindon

Not true. Royalty visit Swindon regularly.

[AtW]

Can still have the tourism, but they can visit some new council estates instead. Real Britain, not the fairy tale version.

Nobody wants to visit Swindon

[SeededLoaf]

BoE should raise rates to 10% which will create a huge supply of property for sale.

Plus I can then lease a 911 turbo from my savings interest

[DimPrawn]

Recurring tourism makes more money than one off confiscation of that land

Can still have the tourism, but they can visit some new council estates instead. Real Britain, not the fairy tale version.

[AtW]

Recurring tourism makes more money than one off confiscation of that land

[Scruff]

Repossess Crown Land. The Monarchy is now no more than just a fantastic tourist attraction. Repossess the land owned by the Duke of Westminster. Repossess the Duchy of Cornwall - owned by an idiot.

That might free up some capital to build homes for the less fortunate.

[SueEllen]

we can stop that now. We don't have enough and if we want to get rid of them sell them to housing associations.

Where else can you get subsidised accommodation for years and then buy it at a discount based on how many years the public have been paying for your existence? The 2 year rental means the rent can reflect real rates and tenants know they have 2 years to sort their life out before they are moved somewhere less attractive. Think of them as half way houses with training not cheap living.

By all means offer council tenants help getting a mortgage to buy the house at full price but no discounts.

Council housing is actually self funding.

Most housing was built before 1980 which means any debt on buying the land and building them has long been paid off. All tenants do now is pay for their up keep.

However because former governments did funny things with the receipts from the rents and sales, councils didn't have enough money to maintain them properly.

In short whether it is council house rents, business rates, council tax or social care central government screws local councils.

Oh and new tenants get temporary contracts before they get permanent ones, and there were plans to give tenants 5 year contracts. The reason for this term was to ensure security for under 18s in their schooling.

[vetran]

Then more people in council housing will just buy their properties decreasing supply even more...

we can stop that now. We don't have enough and if we want to get rid of them sell them to housing associations.

Where else can you get subsidised accommodation for years and then buy it at a discount based on how many years the public have been paying for your existence? The 2 year rental means the rent can reflect real rates and tenants know they have 2 years to sort their life out before they are moved somewhere less attractive. Think of them as half way houses with training not cheap living.

By all means offer council tenants help getting a mortgage to buy the house at full price but no discounts.

[AtW]

Less demand is what we need not more supply.

Build a wall on our borders and move work up north out of the south

Right on.

Build a big wall and have a big moat full of water!!!

[PurpleGorilla]

Less demand is what we need not more supply.

Build a wall on our borders and move work up north out of the south

[shaunbhoy]

Local councils were banned for doing that by Thatcher.

Great news. Thatcher is dead!!

[SueEllen]

HMG should be compelled to ringfence the proceeds from council house sales for the construction of more council housing. Sorted.

Local councils were banned for doing that by Thatcher.

[shaunbhoy]

Then more people in council housing will just buy their properties decreasing supply even more...

HMG should be compelled to ringfence the proceeds from council house sales for the construction of more council housing. Sorted.