That'sGreat
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There are two sides to this story. On one hand, we have the people struggling to get onto the property ladder and get their first home, while people are priced out at the same time and forced to leave their homes. On the other hand, we've got people who own homes that have rocketed in value and don't look like they're stopping, making their small fortunes with pot luck and a hint of initiative. Do you think we can feasibly keep these prices up, whilst at the same time bringing in affordable housing for the first timers? As we make more cheap housing, that will only lower the current house prices due to simple supply and demand. What side are you in?
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paul514
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(Original post by That'sGreat)
There are two sides to this story. On one hand, we have the people struggling to get onto the property ladder and get their first home, while people are priced out at the same time and forced to leave their homes. On the other hand, we've got people who own homes that have rocketed in value and don't look like they're stopping, making their small fortunes with pot luck and a hint of initiative. Do you think we can feasibly keep these prices up, whilst at the same time bringing in affordable housing for the first timers? As we make more cheap housing, that will only lower the current house prices due to simple supply and demand. What side are you in?
There's three sides, but they aren't what you mapped out. The question is redundant it can't continue or no one but the inherited will have a roof over their head.

Three solutions are keep prices as they are for decades allowing wage growth to catch up (automation will probably wreck this)

Build so many houses prices come down this causes another financial crash unless retail and investment banking are separated.

Build council houses like they are going out of fashion and only the inherited own houses. However this scenario drops the demand for housing also causing a crash




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That'sGreat
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(Original post by paul514)
There's three sides, but they aren't what you mapped out. The question is redundant it can't continue or no one but the inherited will have a roof over their head.

Three solutions are keep prices as they are for decades allowing wage growth to catch up (automation will probably wreck this)

Build so many houses prices come down this causes another financial crash unless retail and investment banking are separated.

Build council houses like they are going out of fashion and only the inherited own houses. However this scenario drops the demand for housing also causing a crash




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So we're, in essence, ****ed no matter what.
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paul514
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(Original post by That'sGreat)
So we're, in essence, ****ed no matter what.
Depends if they separate banks different investments.




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