Lets Crash the Housing Market..First Time Buyers.

Yes.

that's truly depressing - and I'm sure there are millions like you.

Complaining of being priced out is not quite the same as seeing it as birthright.

Hah, good question. You could equally claim that speculation in oil prices, food prices or any other essential tiem be 'calmed'.

Whether it's popular or not they can be calmed with taxation - of course revolution could be the outcome but hey...

hmmm, must be why Gordon Brown is introducing BTL pensions next year then?

Time and temperature dependant.

He was also an estate agent... ;-/

I could point you to the housepricecrash forum for figures ...

In message , curiosity writes

Dont you mean long term target??

I've looked and couldn't find any detail. I'd be obliged if you've got a direct link to a thread or statistic.

That reminds me of the quote "For every complex problem there is a simple solution, which is wrong."

I have no idea what the French system is, but have huge scepticism that any one change would stop prices rising or falling, and indeed set house prices precisely so that everyone who wants a house can afford the one they want.

Its hard to see what the difference is. To meet what you appear to want*, you would have to have a commission that would set house prices & wages, and also set both according to personal circumstances. You are Lenin, and I claim my 5.

"curiosity" wrote

How does that work?

"curiosity" wrote

What is depressing for one person, is happiness to another.

When prices rise, sellers benefit at the expense of buyers. When prices fall, buyers benefit at the expense of sellers.

"curiosity" wrote

I'm "priced-out" of buying an Aston Martin - but I don't go around trying to get their prices to fall by 50%!

"curiosity" wrote

How silly! - instead, how about summary imprisonment for "FTB wannabes" *not* buying? ... a year in clink until they *do* buy...!

Fixed prices?? Don't be so daft. I'm talking about measures to calm, nothing more.

Comprehension?

You beat me to it - that's exactly the analogy I was going to use.

In my case, I'd like a 1959 Jaguar XK150 drophead coupe. They cost about 60 thousand squid. This is because there are fewer of them than people who want to buy them. Those that want one and have bought one either earn more than I do, or are prepared to forego other things in order to be able to own one. These greedy, selfish b@stards have bid the price up to current levels. Unforgiveably, they did so before I noticed that I'd like one too.

This is monstrously unfair. We should all unite in refusing to pay those prices for them until prices fall to whatever I feel like paying

- 12 grand or so.

Once I have bought my Jag at 12 grand, if others complain that even 12 grand is too much and they want one for 2 grand, I will be very happy to sell my Jag for that, no problem at all.

What would be best of all is if we all had the same jobs and the same pay, and the government, which always knows what is best for us, decided who got to live where.

As a precaution, in case the OP's view gains ground, I intend to join the Party forthwith. It's all about building a fairer society.