London is mostly buggered due to house pricing. God knows why people want to buy tiny boxes in London for £250,000+ and pat themselves on the back for getting onto the property ladder. No, you're now paying a ridiculous mortgage on a tiny box, and if you have a family and need to upsize, you're still f'd as you can't afford anything else around you.
This problem does need to be sorted. I didn't see that BBC programme last night, but saw some clips, and it showed just how many people are coming here to invest in property. I already knew it was happening, but not on what scale.
It's a joke.
But outside of London and perhaps some other suburban towns or cities, I don't think it's quite that bad.
I had to move out of London to go from a flat to a house with garden, driveway and garage, and I'm glad I did - even with the £3.5k season ticket bill.
I am not pleased that London will end up being a place only for the very rich, and everyone else will gradually be forced to leave (either because they can't afford it anymore, or simply because they can't cope with living in a nasty, tiny, property in some of the rather nasty parts of the capital).
Will people vote because of house prices though? Probably not, because people do still think it's an investment and that it's okay to pay a stupid sum for a house because it's sure to go up in value.
Even IF we managed to start building loads of new properties, it would seem that a large chunk would be purchased off plan before the first bricks were even laid by investors - and which party would want to, or be able to, stop this?
This problem does need to be sorted. I didn't see that BBC programme last night, but saw some clips, and it showed just how many people are coming here to invest in property. I already knew it was happening, but not on what scale.
It's a joke.
But outside of London and perhaps some other suburban towns or cities, I don't think it's quite that bad.
I had to move out of London to go from a flat to a house with garden, driveway and garage, and I'm glad I did - even with the £3.5k season ticket bill.
I am not pleased that London will end up being a place only for the very rich, and everyone else will gradually be forced to leave (either because they can't afford it anymore, or simply because they can't cope with living in a nasty, tiny, property in some of the rather nasty parts of the capital).
Will people vote because of house prices though? Probably not, because people do still think it's an investment and that it's okay to pay a stupid sum for a house because it's sure to go up in value.
Even IF we managed to start building loads of new properties, it would seem that a large chunk would be purchased off plan before the first bricks were even laid by investors - and which party would want to, or be able to, stop this?