80% is a staggering amount really. Some other depressing results here that I’m sure most of us would agree with – this one stood out to me.
>Asked about a situation where they had to move out their current home, 41% of respondents said they were confident they could find another home which would meet their needs – against 51% who said they were not confident.
Property as an investment vehicle really has fucked us all
That 80% includes “definitely” and “probably” – who are the 20% that think things are ok? I have my own house and I love it, but I got luckier than anyone should have to to get it and I feel for anyone trying to buy right now. Which doesn’t even cover how renters get screwed up and down in a housing crisis.
>126,000 affordable homes since 2007, over 89,000 of which were for social rent, including almost 24,000 council homes
Those are good numbers, but over 17 years… I’m not sure whether the plan for another 110,000 by 2032 is an improvement or wildly optimistic. Hopefully they manage as well as exceed it.
>“We are working with the financial community in Scotland, and elsewhere, to boost private sector investment and help deliver more homes.”
Hmm, private sector investment can *only* make things better.
“likely, facing housing crisis”… already in a housing crisis 😂😂
7% of rentable property is in the private rented sector. Greens are in open warfare with Landlords. Rent controls have not worked anywhere they have been tried, not enough houses being built. Is it any wonder?
Note- nearly every time someone says “hey excuse me rent controls work fine in (xplace)” someone says “no I live there and they don’t.”
Trailer parks, caravan park, mobile home park, mobile home community or manufactured home community would work well in Scotland, they seem to work in the USA no reason they couldn’t work here.
I feel like there’s a few possibilities:
– interest rates come down and stay down. Something I keep hearing is unlikely.
– Wages across the UK rise significantly, allowing more people to afford it. but seems like a double edge sword in that prices will eventually just rise to meet the wage increase.
– status quo, less people are able to buy houses. More houses get swallowed by the private renters market.
– Due to the current increased interest rates, houses become harder to sell and as more properties hit the market the prices will fall and become slightly more affordable and it’ll stick around there. Still unattainable to a large proportion of people and available to the same people as prior to the interest rises.
I think the last one or second last one are the most likely. But there’s going to be a lot of big losers here. People who have bought houses could end up in negative equity.
Just do the needful: declare an “emergency” to grab headlines while you gleefully continue to do dick all about it.
See you next year.
Not a single party has suggested the only viable solution to this problem.
Build social housing at the scale we did back in the 50s/60s. Borrow eye watering sums to build enough to Crash housing costs.
11 comments
I wonder how is possible…/s
80% is a staggering amount really. Some other depressing results here that I’m sure most of us would agree with – this one stood out to me.
>Asked about a situation where they had to move out their current home, 41% of respondents said they were confident they could find another home which would meet their needs – against 51% who said they were not confident.
Good thing we [don’t have](https://www.glasgowtimes.co.uk/news/scottish-news/23941952.msps-vote-declaring-housing-emergency-scotland/) a housing crisis though…
And the other 20% don’t have access to news? SMH
Property as an investment vehicle really has fucked us all
That 80% includes “definitely” and “probably” – who are the 20% that think things are ok? I have my own house and I love it, but I got luckier than anyone should have to to get it and I feel for anyone trying to buy right now. Which doesn’t even cover how renters get screwed up and down in a housing crisis.
>126,000 affordable homes since 2007, over 89,000 of which were for social rent, including almost 24,000 council homes
Those are good numbers, but over 17 years… I’m not sure whether the plan for another 110,000 by 2032 is an improvement or wildly optimistic. Hopefully they manage as well as exceed it.
>“We are working with the financial community in Scotland, and elsewhere, to boost private sector investment and help deliver more homes.”
Hmm, private sector investment can *only* make things better.
“likely, facing housing crisis”… already in a housing crisis 😂😂
7% of rentable property is in the private rented sector. Greens are in open warfare with Landlords. Rent controls have not worked anywhere they have been tried, not enough houses being built. Is it any wonder?
Note- nearly every time someone says “hey excuse me rent controls work fine in (xplace)” someone says “no I live there and they don’t.”
Trailer parks, caravan park, mobile home park, mobile home community or manufactured home community would work well in Scotland, they seem to work in the USA no reason they couldn’t work here.
I feel like there’s a few possibilities:
– interest rates come down and stay down. Something I keep hearing is unlikely.
– Wages across the UK rise significantly, allowing more people to afford it. but seems like a double edge sword in that prices will eventually just rise to meet the wage increase.
– status quo, less people are able to buy houses. More houses get swallowed by the private renters market.
– Due to the current increased interest rates, houses become harder to sell and as more properties hit the market the prices will fall and become slightly more affordable and it’ll stick around there. Still unattainable to a large proportion of people and available to the same people as prior to the interest rises.
I think the last one or second last one are the most likely. But there’s going to be a lot of big losers here. People who have bought houses could end up in negative equity.
Just do the needful: declare an “emergency” to grab headlines while you gleefully continue to do dick all about it.
See you next year.
Not a single party has suggested the only viable solution to this problem.
Build social housing at the scale we did back in the 50s/60s. Borrow eye watering sums to build enough to Crash housing costs.