Debate: How do we fix Britain's housing crisis?

[@maggieadams8600]

It's not that the government are out of touch with ordinary people, it's that they couldn't care less about them.

[@MrAce86Productions]

The main problem is that the people who voted for them in the first place. Historically, Conservatives have always been bad for the UK including Blair and Browns Labour who were conservatives in Labours disguise. Corbyn was probably the closest of the old guard who said as it was and was the best out of the bad bunch even though I don't support him. In a country where the people praise the king and follow the royal family like sheep and sit on our backsides and moan and do nothing, we deserve to get shafted.

[@benghiskahn3673]

It's not even that. It's that they see this never-ending crisis as a never-ending series of opportunities for them to exploit and benefit from.

[@JohnKerbaugh]

It is a democracy no?

[@maggieadams8600]

@@JohnKerbaugh No, not really, it's a pretense of democracy, but not a very convincing one.

[@JohnKerbaugh]

@@maggieadams8600 yeah... 😔

[@GhanYt]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[@ibrahimaisaadan]

In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

[@susannicky]

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diversify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

[@PajinakStanovska]

This aligns perfectly with my desire to organise my finances prior to retirement. Could you provide me with access to your advisor?

[@susannicky]

Julianne Iwersen Niemann is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment...

[@susannicky]

JULIANNE IWERSEN NIEMANN

[@Raymondjohn2]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[@Jamessmith-12]

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

[@Ashley186fre2]

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

[@kevinmarten]

I will be happy getting assistance and glad to get the help of one, but just how can one spot a reputable one?

[@Ashley186fre2]

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@kevinmarten]

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

[@Casey-summer]

In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.

[@BaileyHoward101]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@lilyhershey1]

You are right! I’ve diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

[@louie-rose7]

​ *@kristenpierce8661* Do you mind sharing info on the adviser who assisted you?

[@lilyhershey1]

Gertrude Margaret Quinto, is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@NoContextRDH]

A housing market crash isn’t coming ffs. People have been saying this for years and years and it never happens. House prices aren’t going anywhere except up.

[@MJF510]

Stop letting people with their portfolio of houses buy up the “cheap” new homes just to rent them out at extortionate rates that potential first time buyers cannot afford or can but the leaves them with no way to save.

[@111dddcca]

Market competition is what's needed. Anti-competition laws aren't going to bring down prices. Landlords aren't making large profits, rental yields are just a few percent.

[@svmwasthesheet1971]

Buying family houses and turning them into multi let student accommodation is a big problem where I'm from.

[@JamJestKox]

There should be three rounds of bidding for property and the first one should be for the first time buyers who are local, the 2nd for the first time buyers OR locals and 3rd should be open

[@Andromahlius]

@@111dddcca There is market competition: the winners can buy. Yes, the selector is money.

[@Fishstickification]

@@111dddccaissue is the economic incentives are all there to benefit accumulation and the barrier to entry is ever rising. This isn’t the fault of landlords necessarily, as they do add value by investing money into the property where others might not (though I’d argue that there is sufficient demand for properties that owner occupiers might feasibly finance this work themselves. Issue starts when the property remains on an interest only mortgage with the rent being charged to generate profit to supplement the income of the landlord. This effectively creates a situation where someone holds an asset, recognises demand will always outstrip supply, and further recognises that they can always cover their monthly payment because their tenants HAVE to pay for SHELTER. Again this is not necessarily the fault of landlords, some would say shrewd business - I would use the word cynical

[@MarkDoe-lg1kp]

Low to moderate incomes are becoming worthless in the UK now. The whole fabric of society is starting to breakdown. Housing is just one aspect of this

[@goodlookinouthomie1757]

Half a million people a year still want to move here. Well.... 3 billion probably want to move here but half a million actually do.

[@HumanBeingsRThinkingBeings]

Mind Begs the Question: Hitler - blamed Nations Failures on Religious Minority If Politicians/Govts - blame Nations Failures on Vulnerable/Immigrants Practicing Hitlers Mein Kampf,no?

[@zuzanazuscinova5209]

That's right. Unless you're born into wealth don't bother.

[@MystifulHD]

late capitalisim

[@ep1929]

​@@HumanBeingsRThinkingBeingsno need to start bringing Hitler into the subject, the fact is many of the world's poor see the UK as a land of milk & honey - that's a fact. We must protect our borders.

[@Alex-mu4ue]

Wow. What a joke this country is. So sad to be a young person in this country. It’s bleak.

[@andrewwalsh2755]

Young professionals would be crazy to stay...

[@liszaf3976]

It's funny reading that remark, my children all grew up in Greece where there's been an economical crises for decades, they have all recently moved to the UK for better jobs, better wages, lower taxes etc and can't believe that Brits moan about how bad it is!! You need to move and live somewhere where life is much harder, wages are lower, cost of living high, no respect in the work place , no council housing, no benefits and then see whether you have it bad or not!!!!! Hope life improves for you!

[@robe1811]

@@liszaf3976But that’s race to the bottom thinking. Telling someone to eat a **** sandwich because then they will be grateful for the glass of **** they’ve been given to drink. The U.K. performs worse than plenty of countries in the OECD on certain key metrics not least investment in infrastructure and R&D spend which are crucial in terms of achieving an educated and skilled work force). Our schooling system is one of the worst in the developed world, left behind by the likes of Finland. Instead of lowering the bar why don’t we ask why a country that rates itself as highly as the British seem to doesn’t live up to the British’s opinion of it in reality when compared to nations who should, objectively be much worse than us but are actually much better….

[@clb303]

@@liszaf3976 Two or more things can be bad. Could compare Greece to many other places and say the same thing yet you decided to move

[@josephyates9936]

@@liszaf3976 I left the UK 15 years ago to live in western Europe. The best decision that I ever made. Although not without its problems the quality of life, housing, public services, and career opportunities have been infinitely better in than anything I had on offer in the UK. Give yourselves a few years and you will realize how much better life is in Greece than in the UK which is now a complete deadloss and will only get worse.

[@BateserJoanne]

I anticipate a housing market downturn due to the numerous individuals who purchased homes above the asking price, even with favorable interest rates. Despite the low rates, many are now at risk because they lack equity. If housing prices continue to decline, they may face difficulties selling or even risk foreclosure if they can no longer afford the property. This scenario is likely to impact a substantial number of people, particularly with the anticipated surge in layoffs and the rapid increase in the cost of living.

[@VickyAlvy]

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not a financial advice, but it may be wise to invest, as cash isn't ideal in this period.

[@NoContextRDH]

You sound like a bot. Comment is more or less the same as another I’ve seen

[@goych]

Houses have been too expensive since the 90s

[@danbee415]

won't happen because of inflation and too many people.

[@aacmove]

@@goych 80s in Surrey.

[@ciaranhughes1199]

My mum rents in Spain. It is a very different system that favours the renter. Our housing crisis isn't a crisis its a deliberate political choice

[@HorusHerotic]

It's just supply and demand. Do you know where the increased demand is coming from ?

[@mattmathematics3591]

Absolutely

[@mattmathematics3591]

@@HorusHeroticlol are u a first year uni student or something? Have you heard of this thing called the law?

[@HorusHerotic]

@@mattmathematics3591 how is that relevant to my statement? Are you a bot ?

[@ciaranhughes1199]

@@HorusHerotic It's nearly completely disconnected from supply and demand economics. Things like Airbnb and buildings being held as pure capital have dramatically affected the supply side and incentivised people to remove from the supply. The demand is being artificially inflated with some letting agents using algorithms to set rent that will lead to an acceptable amount of empty stock in exchange for inflated rents across all stock. F**K off with your supply and demand, all hail the great economic god of free market, trickle down and pissed on from on high nonsense

[@jimmy7434]

We talk about it as though it’s something to aspire to rather than a basic need. Somewhere to live shouldn’t be unattainable or a drain on all your resources.

[@WaveRider1989]

So true. There needs to be more focus on building smaller houses and tiny houses etc. So everyone van have a home

[@bigbarry8343]

@@WaveRider1989 Oh? English houses are already small comparing to the rest of the world.

[@george4mon]

@@bigbarry8343yes homes are small in the uk but I recommend watching some KZbin videos about actual tiny houses often they are built for £20.000-£50.000, I’ve been saying to people for years that they are the way forward.

[@george4mon]

@@WaveRider1989yes!! Been saying this for years, more tiny houses! For most people they would only be a transition into a larger house/buying, but would make the transition from renting much easier, the big problem is land, owning land to put the tiny house on is expensive and in the middle of nowhere, councils need to designate land specifically for them.

[@nicky_nike]

we need this crash to bring prices within the affordability of most.

[@Lewis-fd9js]

Nothing will be done about the housing problem in the UK because it is only a “problem” for those who either rent or are first time buyers, in other words, people with no power in society. The extortionate prices benefit the wealthy people who already own property, so it is not a problem for them and therefore nothing will change. At least, that is until houses become so expensive there is nobody left to sell to.

[@HorusHerotic]

Prices are only increasing due to a large increase in demand. Where is the demand coming from ?

[@Lewis-fd9js]

@@HorusHerotic well, I live in London, so I can speak from experience on that. Most of the demand in London is coming from wealthy foreigners who buy property they never even visit/live in. They purchase the property simply as an investment, and sit on it whilst its value goes up due to hoarding the supply of housing. The funny thing is, many of the houses remain empty, so London has the ironic position of being able to boast the largest homeless community in the UK, whilst having hundreds of vacant properties multimillionaires sit on to induce further demand. It’s quite the scam.

[@csharpe5787]

​@@HorusHeroticnonsense.

[@HorusHerotic]

@@csharpe5787 great response genius

[@goodlookinouthomie1757]

Step inside Mayor Khan's Ultra Low English Zone and you'll quickly see where the housing demand is coming from. Are we building enough homes for an additional 500k "citizens" every year? Is that even possible?

[@stephenremnant8151]

The other issue no one wants to discuss is that we have a housing crisis but the number of people entering the country is just causing a further strain on the housing/rental market

[@mindverse8972]

Lived in my car for 3 years. No bills. No council tax. No rent. Planning a trip to Europe to see the world. And planning a creation of a camper van and make a KZbin channel. Going to continue living like this for the rest of my life if this is what it takes to save money and travel the world.

[@mrw4ffle740]

Best of luck

[@Yo-ItsYo]

❤

[@LegalAlien100]

You’re a bloke I assume?

[@Age_Of_Aquarius84]

Not really an option when you have a child but I applaud your creativity

[@solapowsj25]

Painted cars😊.

[@ThoughtswithFelix]

How about building more houses, stop people owning multiple properties and ban any foreign investors?

[@johnross2924]

How about stop the imiggrant invasion!

[@zuzanazuscinova5209]

Not a chance

[@Tech-Corner2023]

I think every country should do this - no 'foreign' investment in the thing called 'shelter' - housing! Only people living there, resident, should be able to buy. And second home ownership should be made very unattractive, not a ludicrous profitable business, so that people do not use housing as a profit thing. Lands and residential places should not be sold to foreigners, who cannot verify, prove that they live/reside in that country and don't own multiple properties. Rental is fine too, but should be controlled.

[@JR-rv3xr]

Fun Fact; The Ancient Greeks didn't allow non citizens (foreigner investos) from owning property. To own property was part of Citizenship

[@cinpeace353]

Property prices will crash. Percentage of homeownership in UK is 63%. Think the government will take that risk of losing votes?

[@Rleatfitness]

The biggest issue is the high rent vs salaries. Rent is going up faster than people’s pay so you get to the point when your rent plus bills eats up most of your salary if not all of it.

[@Ryanrobi]

That's because there's not enough homes or flats for rent. The real cause is that something is holding back builders from building supply to keep up with increased population This has been going on for at least 30 years.

[@alexc7367]

@@Ryanrobi Nymbys and the use of housing, which is a human basic need, as investments by the wealthy elite who control our political class. They keep prices high and stock low so they can continue sucking young people dry, taking most of their income so they can never have their own home and stop being exploited. This causes most other issues, young adults can never afford to start a family, they can never try to open a business and innovate, stimulating the economy. They work a lot more, eat worse , spend less time on hobbies resulting in record mental and physical health issues. Could go on but essentially, the housing crisis amplifies every other issue.

[@pobinr]

No the biggest issue is mass immigration It's not a housing crisis. It's an immigration crisis. Legal net migration 745,000 last last year =6230 new homes needed every week mostly squashed into England😮 Not rocket science Is it? 🤔 Infant school maths. Connect the dots for Gods sake You all keep voting LibLabCon pro mass immigration parties. Then moan about house prices & rents🙄

[@iang-lb7nx]

Stop importing 600k people per year and stop foreign investors from buying up all the new properties and leaving them empty. Those two would be a good start.

[@moosky7344]

2 child policy too or we're going boom boom explosion

[@audie-cashstack-uk4881]

Stop above AND STOP PRINTING SILLY MONEY

[@DrJams]

​@@moosky7344UK birth rate is below 2 on average

[@TheAl2kas]

If you get rid of dead weight like asylum seekers, you could focus on english families and if amything, theres a need in people. Not in dead weight tho​@@moosky7344

[@weeksy79]

As an avid podcast listener, this format is absolutely insane. Such a complex issue and swaths of people effected, and SECONDS to discuss it

[@weeksy79]

@@youtubing9762 hadn’t considered that, not giving people chance to make valid points against the establishment makes sense

[@RollcageHiggins-uf9nm]

To solve the crisis send all freeloaders back to their own countrys

[@Fidelisjoff]

Believe me the cause of the problem and solution is simple but no Westminster party wishes to halt immigration. Don't worry I have good Economic credentials but just ain't woke enough to lie.

[@Truth-And-Freedom]

It's not complex at all........ Just stop immigration.... Would be enough homes without the 10 million immigrants in last 20 years

[@RichRobinson]

Antiquated. It’s all nonsense.

[@burrrrrrrrrrrrrrp]

If Britain reelects the tories then it really does deserve everything it gets

[@sueyourself5413]

*England

[@frankoys2010]

So on point.

[@samgrainger1554]

Amen

[@TheharibokidXD]

@@sueyourself5413 westminster is taking us all down with it.

[@andrewwalsh2755]

...or Zionist Labour... they're Worse than Tories...lies, deceit, dishonesty, personal greed, creeping fascism...

[@im_that_guy]

Decrease immigration - demand goes down - prices go down. We're simply importing more people than we're building houses, whilst simultaneously putting more strain on our services.

[@londonroad1653]

100% correct control legal immigration until have housing to provide accommodation

[@ammiiel]

@@londonroad1653They cannot reduce legal immigration as its the immigrants who will be funding the public sector pay increase that Rishi just promised.

[@etiennedelaunois1737]

Yeah genius! Except that we are also losing our most qualified because they are migrating as well. Especially doctors, nurses, engineers,... This country is just a pathetic business, not a real country.

[@im_that_guy]

@@etiennedelaunois1737 I'm well and happy for them to bring in skilled workers on a visa. We need to start insentivising and training those who already live here. You know, looking after the native populace? Unless you're talking about all those doctors and engineers travelling here by dingys...

[@compactcasette]

"Decreasing immigration"? How does a 200K pa increase in the population instead of a 600K pa increase improve the livelihood of the extant population? A population decrease is what's needed. Never going to happen if people are too ashamed to in their own interests

[@nicolasbenson009]

I think it's time to make it more appealing for potential buyers. Real estate can be quite the rollercoaster! the stress and uncertainty are getting to me. I think I'll cut rents to attract potential buyers and exit the market, but i'm at crossroads if to allocate the entire $680k liquidity value to my stock portfolio?

[@berniceburgos-]

"Overall, buyers hold a lot of the cards right now, and sellers are having to give out more concessions to close a deal." All the best, buying on sale is actually one of the best ways to invest in stocks, and advisors are ideally suited for such task

[@tatianastarcic]

Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.

[@Michaelparker12]

this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

[@tatianastarcic]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@BridgetMiller-]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@bullrider9617]

Property dealers are worried that their profit margin is decreasing whereas Renters are worried that they would be homeless !! Big stark difference!!

[@MRW515]

It's the same, if landlords sell their properties the tenants will most likely have to leave.

[@billyosullivan3192]

Land lords and regular home owners have the exact same incentive for housing prices to say high but u only blame land lords.

[@jimthompson9370]

You just made that up, and clearly have no idea what you’re talking about.

[@TmcksnT]

The renters won't go homeless. Move to a cheaper location. No one is forcing them to live in the centre of a big city

[@Zaza-vc5th]

@@MRW515if they sell their houses eventually house prices will go down and people that had to rent to have a shelter can now go to the bank and get a loan for a house because they are more affordable.

[@sarahhill6835]

Overseas buyers shouldnt be able to buy luxury flats and then leave them empty 😢

[@cdean2789]

Bring back squatting

[@cliffsofmoher4220]

They can't do that anymore because of brexit.

[@Mich6961]

@@robertjones2053 Two words: Money Laundering

[@skymanifest8339]

Increasing the population by 10 million, mostly through our open borders, hasn't helped. Odd how you people on the Left keep ignoring that obvious facts.

[@applered3518]

Who rent luxury apartments!

[@nlomas]

I fortunate enough to be a high earner and struggle so I have no idea how hard this is for people on low incomes. I feel if this continues there will be at best a national shutdown (like in France in 1968) or at worst a revolt. The greed needs to stop

[@Whisp864]

I can barely afford food, I have no gas on most days and we’re struggling, I can only spend £75 on groceries and that’s a luxury for 3 people living under 1 council estate roof, with mould… that I pay £555 a month for with a salary off £22k, no car…

[@hydrohasspoken6227]

and hope that will change anything

[@killerStranngle]

I not fortunate to be a high earner, but I earn equivalent to £59k a year in London and as a single person I cannot survive unless I want to stay in, buy nothing and live in absolute squalor, so don't know how families survive unless it's all on the government with benefits and doing stuff hooky like thieving and selling it in bin bags in pubs, at bus stops and food banks etc?

[@Der8cho]

It's astonishing that the U.K. doesn't have 30 year fixed rate mortgages!

[@frankoys2010]

Gullibility. That’s why.

[@chrissilver7719]

Yes ! I saw a post about this a few weeks back from someone from Belgium and they were astonished that higher interest rates was affecting home owners with established mortgages.

[@WaveRider1989]

​@chrissilver7719 same in US. Gouging has been booming due to fixed low interest rate. In US even current mortgage owners can refinance to a lower rate when rate is lower.

[@Rukukachoo]

Even Canada doesn't have 30 year fixed rate mortgages sadly

[@___Q-bot]

long term mortgage wont solve the problem, as the lender would transfer the risk to the borrower. The interest rate would be significant higher.

[@andrewsage113]

I moved to France seven years ago (couldn’t afford the UK) and locally rents are much lower than the UK to the point where the local housing association has 600 empty units.

[@brandmanager4595]

I will be moving with my partner to Sweden next year. I have lived in London all my life, but now we can't afford it here. We're paying £2675 per month(including bills) for a two-bedroom flat. This means we won’t be able to save enough money to buy a flat in London.

[@andrewsage113]

@@brandmanager4595 I’ve seen two bed flats locally for 265€ a month.

[@Daddy-do8bn]

​@@andrewsage113where?

[@Daddy-do8bn]

​@@brandmanager4595Are you moving for work?

[@stevo728822]

@@brandmanager4595 You can always move out of London.

[@Captain_Shorts.]

HOMES SHOULD NOT BE A BUSINESS

[@Captain_Shorts.]

@Alan-gx8gf I could actually. And really we can't be mad for people making money off everything even though I am. Because really it comes down to how Liberal should capitalism be. Capitalism it seems has an expiry date.

[@slothsarecool]

go live in a soviet block then 😅

[@alexdiaconu7979]

It doesn’t seem that. These “debates” have always been around

[@kerbyy_]

@@pm3302 Even Adam Smith spoke out against landlords Shame those who worship capitalism no matter what seem to have forgotten about him unless it's convenient

[@quillo2747]

If its not a business then who is going to pay to maintain those buildings? The government? Housing isnt free because it costs money to build and maintain. Landlords take on the financial risk of the property and maintain it while the renter has zero risk. If there is no reward as a business then no one would be maintaining those properties.

[@neomangeo7822]

It is impossible to buy a property as a single person in this housing climate. The deposits required are insane! The amount you get offered by the banks is nowhere near enough, but even if it is, the monthly repayments are just far too high. It seems like basically you need to couple up or you are doomed to being a renter with all your money going to a landlord and never having a property invested in for yourself... Anyone need a boyfriend? lol

[@bl5752]

It is not the current high interest rates that are the problem, it's the decade of artificially low interest rates before that enabled the rapid increase in the cost of houses.

[@quackcement]

its the lack of supply which is the issue, a rise in interest rates isn't too much of an issue in the past when average homes were 4 times average income, but now they at 9-12 times average income, homes are very expensive in the first place and people need low interest. tory led record high net migration, people living longer and more people living along, means the uk population is ever increasing.

[@andrewwalsh2755]

or... possibly... successive govts of past 40 years believing in Modern Monetary Theory... create money... loan it into the economy... sell off the debt to domestic and foreign investors... and repeat... not bothering to tax the loan back to pay off the original debt... allowing national debt to get bigger... and bigger... and bigger...

[@andrewwalsh2755]

... not forgetting the uncontrolled immigration for 40 years...

[@danunpronounceable8559]

Perhaps it's the massive demand on housing that's the real issue here.

[@quillo2747]

And decades of mass immigration imigration spiking the demand for housing. 2022 alone had 600k net immigrants, thats a new city of people who all need to live somewhere

[@bernadofelix]

Great video! For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

[@SandraDave.]

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

[@nicolasbenson009]

You are right! I’ve diversified my $450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

[@Derawhitney]

Do you mind sharing info on the adviser who assisted you?

[@nicolasbenson009]

Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Kin-28-8]

I am grateful for your assistance. My finances have been in disarray, and I have experienced multiple losses in my 401k, IRA, and mutual funds. I hope that Margaret can provide me with the guidance needed to rectify the situation before it reaches a critical point.

[@LS-xs7sg]

Not one mention of mass immigration. "400,000 first time buyers. The highest in 30 years." Mass immigration reached unprecedented levels soon after New Labour got in 26 years ago. The Tories carried on and pursued a similar policy. This is not just a supply issue; immigration & family collapse are driving demand. We are growing our population (particularly in the south east) with no thought for the consequences. All the politicians care about is increasing GDP & maintaining the pension pot pyramid. They are using faulty logic and have no eye to the long term consequences.

[@tman8897]

Absolutely true! We have hundreds of thousands of people entering the country every year. Where are all these people meant to live? We will never be able to build enough properties to keep up with the demand. Like you say, the Government choose to ignore this because they want the GDP and to raise taxes

[@LS-xs7sg]

@@tman8897 I wouldnt support it even if we could keep up with demand. We have no moral obligation to radically transform the ethnic or cultural makeup of the country. In fact I would argue that every people have a duty to maintain a sense of connection to those who came before us. I dont hate anyone. In fact I appreciate the different cultures of the world. But globalism is utterly destroying us as a people. And until the higher ups in society are forced to stop using our ancestral inheritance as their balance sheet then it will only continue.

[@LS-xs7sg]

No of course not. Ukrainians belong in the Ukraine.

[@livelife5947]

All these people that can’t afford a 5%-6% interest rate, couldn’t afford the mortgage to begin with. Low interest rates are unsustainable.

[@psps2034]

Its near impossible to save for a deposit and pay rent on a place without A) buying with someone else, B) receiving money from family.

[@karl_edem]

Why should you be able to afford a property alone?

[@sallybutler1005]

Why shouldn't you? If you work !!

[@psps2034]

@@karl_edem because if you have a full time job , it’s totally reasonable to be able to expect to own property even in the cheapest parts of the country . You cant save for a deposit if rent takes half of your income. Mortgage is almost always cheaper than rent so most people CAN afford a mortgage- they just can’t save up for a deposit .

[@jaymanilla289]

inheritance tax needs to be abolished as well.

[@HorusHerotic]

Reduce demand. Prices will fall.

[@YouAreJel]

Can someone explain to me how someone who has had a family home for over 20 years loses it due to their mortgage payments increasing. Over 20 years the price of the house would have increased a lot and a very large amount of the mortgage would have been paid off. The fact her payments have increased so much suggests she still has a very big mortgage which means she must have remortgaged the property when its value increased and spent all of that extra money (most likely over £100k). And is now stuck with a mortgage she cannot afford however if she did not remortgage and somehow spend all the money she should have an extremely small mortgage

[@benghiskahn3673]

Some people make really really dumb choices. They simply cannot see or just ignore the future consequences of short-term gratification.

[@davidr7819]

I was thinking the same. I have had a mortgage since 2002. The rate has gone up recently but still hasn’t reached the level I was paying back then…

[@andrewroberts8959]

She said she "did work" to the house, so presumably she had an extension done. This is a normal thing lots of people do if they believe they can afford it - and the bank will have believed she could afford it when they gave her the money. I doubt what she did was "really dumb", she was unlucky with the changes in the economy and the fiscal decisions the government made.

[@kat284]

@@andrewroberts8959an extension costs 30k, over 20 years she would’ve put down 75% if not more of her mortgage so her saying that mortgage went up by 400 a month says she made stupid decisions and has a full mortgage STILL. How does someone manage to no pay off most of her mortgage within 20 years is beyond me. It takes skill to waste money like that.

[@zuzanazuscinova5209]

​@@kat284Agree

[@danpatterson7108]

I know a ton of people who are literally deciding not to have children because of the cost of housing, i actually think we're in for a population collapse in the near future. I am also one of those people. I'm 39, so by the time houses get built i won't be having kids.

[@englishpete22]

I 100% agree, am the same

[@benghiskahn3673]

We are 100% going to have a population collapse. It will come straight after the baby boomer generation dies out. The UK is sleep walking into a horrifying series of demographic crises over the next 40 - 50 years and nobody in a position of power seems to be even thinking or acknowledging it. We already have a health and social care crisis but this is just the start. It is only going to get worse and worse and worse. Public debt interest will rise, productivity will fall and the state pension age will be pushed back further and further as the state purse collapses and finds itself utterly incapable of paying for social security liabilities. The younger generations are utterly screwed. UTTERLY.

[@quillo2747]

Don't worry, they will just let in more immigrants. Like the 600k net in 2022 alone. When a city the size of Liverpool gets added to your population in a single year, its no wonder there aren't enough houses

[@dolphin069]

Leave. Greener pastures. The U.K. is done for the next two or three decades.

[@garnhamr]

@@benghiskahn3673 utterly butterly

[@Spacemonkeymojo]

Great discussion. The exact same issue is happening in Australia, despite our vast land and there's one reason why: GREEDY PROFITEERING. Despite rental vacancies being extremely low in Australia, the government has increased immigration to 400,000 this year. That is basically the size of our capital city (Canberra). One capital city's worth of people in ONE year. And the reason they did this is because they WANT house prices to go up. Politicians own multiple investment properties and have a massive conflict of interest. House prices in Australia have skyrocketed the past 10 years and wages have not shifted at all. Prior to 15-20 years ago house prices tracked closely to wages but ever since the Howard government, house prices started to become detached from wages because policies were introduced to treat housing as an investment instead of a necessity. And it's not just Australia where this is happening but Canada and New Zealand too. It's absolutely f*cked.

[@RadiantStar8997]

How do the Aboriginies and Maoris feel about the housing situation?

[@Spacemonkeymojo]

@@RadiantStar8997 Not sure to be honest. I still don’t think they’re over what the British did when they colonised Australia. Can’t speak for Māoris.

[@RadiantStar8997]

@@Spacemonkeymojo Perhaps, another documentary by John Pilger on the subject.

[@vincentalakija5515]

​@@SpacemonkeymojoWow and I thought Australia had it a lot better than the UK on terms of wages and properties, I guess it's all over.

[@Spacemonkeymojo]

@@vincentalakija5515 Nope. Rampant immigration has reduced the quality of life here a lot in the past 10 years.

[@TheWitchInTheWoods]

I was on rightmove earlier, and a back to back, side to side terraced house cost nearly a thousand pounds a month to rent. Two places down from that was a barn conversion for £1,500 a month, with 3 bedrooms and 2 bathrooms, rural location near beautiful famous market town.. isn't it time to see some fair rent measures. You wonder what planet some of these landlords are on

[@TheWitchInTheWoods]

@@robertjones2053 The rural house is off grid above Hebden Bridge.. no it's a castle!. The relative value of these two properties is obviously not comparable in any way, except in a landlord's greedy, twisted mind. Believe me I have looked at the market, and round here £1500 a month is the price of a large character cottage / large house with land.. so who are these people to try to push the market up so their two bed terrace is worth almost as much.. they are just crazy

[@TheWitchInTheWoods]

@@robertjones2053 The house prices are about £65,000/ £75,000.(That's Todmorden).. it's a terrace after all.. the payment on that is about £450 a month

[@jamesmash3927]

@@TheWitchInTheWoods If you tried in Burnley or Halifax I'm sure you could find a house for rent for 500 or less a month. maybe not as nice as Todmorden but more affordable because of it.

[@TheWitchInTheWoods]

@@robertjones2053 Oh I agree.. the demand is far exceeding availability. The problem here is.. I am currently trying to become self employed.. but like many.. rent is covered by benefits at the moment. My benefit is £378 ( I am already paying £50 excess to keep a roof over my head...thanks mainly due to kind estate agency/ kind landlord)...that money would cover the cost of renting a small terraced house n 1991. So many people are in this position..

[@Capybarrrraaaa]

'Fair rent measures' are just a bandage; the problem is caused by profit-seeking from basic rights. When that wealth only goes up, never to the poor, the wealthy seize control. We need laws that separate the ownership of housing from profit-seeking; death-penalty for landlording over housing.

[@ChrisKeziahHyde]

Things are never going to change and if they do it will be for the rich and at the poor's expense.

[@bob1234881]

It won't change if we don't build more houses...

[@abdullahx8118]

@@bob1234881 god i hate nimbys so fucking much

[@ChrisKeziahHyde]

@@bob1234881 good luck trying to persuade a corrupt government to legislate more affordable housing. Even if there were a change in government, Labour wouldn't do anything to change the status quo.

[@skymanifest8339]

​@@bob1234881You can build as many as you want, but the supply side is meaningless if you keep adding more people to the population. One million people settled here last year. For a nation this small that's absolute lunacy.

[@mkadi70]

It is not rich vs poor..it is the top 10% vs everyone else

[@IvarDaigon]

As a home owner myself I have absolutely no sympathy for other property owners who try to make a "business" out of living off the backs of other people. If you can make money from that "business" and treat your tenants fairly then great but if you can't then you have no business being a "landlord" because effectively what you are doing is treating your tenants like medieval serfs. To the "business owner" with 3 interest only mortgages, who's fault is that? You would have been better off financially if you had just worked hard and paid off one mortgage first instead of being greedy and taking on more debt while assuming that interest rates would remain low forever and that the serfs would pay it all off for you. If you make a bad bet on the markets then you need to wear it, that's how free markets work.

[@joprocter4573]

Two way business renter often dirty and leave home fiflthy

[@garytaylor6382]

LAndlords have loans too ,if the rent doesn't cover the costs rents go up.of they sell as now

[@John-qz8fq]

@@joprocter4573 That's why renters pay deposits to cover those possible outcomes. Try again.

[@joprocter4573]

@@John-qz8fq not enough for damage in many cases

[@John-qz8fq]

@@joprocter4573 That's why landlords can inspect properties during a tenancy. Try again.

[@Ineedahandle75]

I think leaving house building to private developers is a big mistake. If we are ever going to build enough genuinely affordable social housing the state has to be far more involved and much more radical.

[@ItsOnlyLogixal]

For years mortgage holders and homeowners were NIMBYs and refused any social housing being built near them, mostly to inflate their house prices. Now that there's a housing shortage the country can't ignore anymore they're all at risk of losing their homes. It's actually beautiful poetic justice if you ask me. Its just a shame newer buyers who weren't NIMBYs are being caught in the crossfire.

[@duderock10111]

Only 25% of Homes currently have a Mortgage against them, and of that 25% the vast majority are FTBs. The people you are talking about aren't FTBs, but Boomers who hold existing Property and don't want new ones nearby. Boomers, the vast majority of the time, do NOT have mortgages. They brought their house at record low rates. They are NOT at risk of losing their homes. It's the people who had to buy during record high prices.

[@woody00011]

Exactly. There are plenty of people that knew full well they'd overlevereged themselves to buy as high up as possible so they can benefit from rising prices specifically because if this being the established cultural behavior. Low and behold rates go up and they all instantly are in the line of fire. Unfortunately, because this is such a norm, everyday people are in the exact same scenario of being recommended to buy as expensive as they can afford despite the red flag of our short term fixes. I have absolutely no sympathy for landlords profiting from and creating this ecosystem. Sadly though we can only escape by letting rate rises make the system correct itself, and this means average people suffering as well as and probably more than landlords. 'Bailing out' home owners literally kicks the can down the road, will keep house prices spiralling and means it'll be a worse problem next time. Labour likely wouldn't do anything here either, but at least they'd work on addressing the root causes such as things like buy to let morgages and actually building affordable housing. Honestly isn't the banks fault, but they are making themselves look guilty by taking advantage of the situation. Main thing they're doing wrong is not putting savings rates up which impacts inflation rather than morgage rates.

[@JoshuaHill182]

@@duderock10111 agreed, its actually insane, so in 1978 when my dad turned 18, he earnt 12k in his first year of work, because he lived at home, he literally brought he first house outright for 9k. that house is now worth 350k. and im currently in my 5th year of full time work in a career which required a maths degree, but i only earn 30k. its actually insane how badly the boomers messed literally eveything up. My dads house should now cost around 26k. its well over 12 times higher!

[@chriswatson1698]

Why should UK citizens have to alter their lives for the sake of invading foreigners?

[@chriswatson1698]

I am a proud #NIMBY... I will defiantly stand up to the parasitic greed motivated #property interests seeking to endlessly densify my living space or bulldoze our green spaces for profit. There's no shame in defending your patch from these exploiters of our people and land.

[@MaxSafeheaD]

The housing crisis is a profit bonanza for property owners. THAT is why.

[@summerleia]

and rishi sunak designed it for the rich to win by removing stamp duty- no more tax burden for a very nice method of getting ROI.

[@Billywoo12]

This is global issues, almost identically applied. From Munich, to Manchester to Montreal. This isn’t a UK, or a UK government issues specifically.

[@goych]

You won’t hear from a landlord with 20 properties complaining, well actually….

[@jelef001]

“Should it be a business?” EXCELLENT QUESTION.

[@Billy-The-Goat]

why should it not be? I dont what to run a chairty. Would you?

[@JFP1988]

It's insane. I live in Finland but originally from the UK. Greater Manchester to be specific, if you want to be even more specific Rochdale. Yes the same Rochdale that was the center of a huge grooming gang scandal years ago and regularly features in lists of the worst town in Britain. Suffice to say, it's not a highly sought after place. There aren't many worse towns in the UK. Don't get me wrong, I love Rochdale, it was my home for years and most of my family still live there. We plan to move back there one day soon to spend some time with my family. We'd like to buy a place to live in (not as an investment). But the cost of property in Rochdale is insane. My brother bought a property in a nicer part of town but not the most expensive neighbourhood by any means. Cost him 135,000 for a beat up semi detached house which needed a new kitchen a new bathroom, plastering and painting on almost all walls in the house and doors needed replacing, staircase needed fixing. Cost him an additional 40-50k to fix up. So 175-185 for a small 3 bed semi in Rochdale. The ssme property is worth well over 200k right now, he's owned it for about 3 years, I saw a neighbour of his selling for 250k, similar layout. When he bought the place, the company who sold it had bought it a couple of years before for 100k and made no improvements. The problem is that high interest rates only seem to impact low to medium income families, property investors and companies benefit from the drop in prices due to a less competitive market. It's horrible. The hiusing market is nothing like that in Finland. In a big city like Helsinki its expensive although not comparable to London. I can easily find affordable property on the outskirts of the city. If you go to smaller towns or country its crazy what you can get for next to notthing. I'm talking 1-2 acres of land with a 3 bed property, for less than 150k, even cheaper for a fixer upper.

[@shan6938]

The renters are talking about a roof over their head but the landlords still thinking about their profit... 🤨

[@SK-vg3mw]

Why don’t you become a landlord and put a roof over all our heads for free then ? To become a landlord you have to put at risk hefty amount of money and efforts, if there is no incentives, why anyone would be doing it ?

[@Daniel31415]

@@SK-vg3mwfrankly, if no one did it, houses wouldn't be so damn expensive. People wouldn't need to rent

[@bobjames6622]

Nothing to stop you getting a loan and becoming a landlord, if you do your research. So instead of whinging, put your money where your mouth is. No? Thought not!

[@moominmay]

@@Daniel31415that makes no sense. There would just be more competition to buy houses then meaning it would be a sellers market and prices even higher. Also not everyone wants to commit to a specific location/property and want to be mobile whilst some have bad credit so would never be financially approved.

[@Daniel31415]

@@moominmay maybe if we didn't have entire blocks of empty apartments being held as speculative assets by lazy capitalists we'd have a better match of supply versus demand

[@gareth449]

The problem is that BOTH parties stopped building council houses , the councils sold land to private companies to build houses on

[@nameundefinedname5307]

this!!!!

[@mick0905]

Anyone who's ever played musical chairs knows as chairs are taken away then the fight for the remaining chairs intensifies. If every landlord left the market it wouldn't create more homes.

[@nameundefinedname5307]

@@mick0905 create more home no it wouldn't but it would enable more owner occupiers

[@kayjami1996]

you say "both" as if they weren't/aren't easily bought out by corporate lobbyists

[@andrewwalsh2755]

...to everybody who wanted to stay in the EU... with a right of free movement... who now cant find/afford somewhere to live... ... do you see what (some) Brexiteers were saying, now...

[@LLucioFabio]

The problem in the United Kingdom is that billionaires from all over the world launder money there by buying property. So there is nothing left for the young British or foreign people who live there! I lived in the UK for 15 years and had a miserable life, always sharing houses with strangers! Today I live in the countryside of Sweden and have an infinitely better standard of living, even though I face worse weather and higher taxes than in the United Kingdom. If I were a young British man I would immigrate to Australia, Canada or New Zealand and make my life in one of those countries. The United Kingdom is completely dominated by billionaires from the Middle East, India, Pakistan and Russia. Try to find out the origins of the majority of property owners in the United Kingdom and everything will become very clear and evident!

[@twohopes8353]

my brother got almost 60% increase. he paid 1050 £ per month, and the new price was 1650 £ per month. add Council 200 £ and energy bills, and you easily have to pay 2000 £ i don't know what to say.. just shocking.. in uk now you must work all day just not to be homeless . don't even think of anything else.

[@elliotspencer2648]

3 weeks ago I had to move 142 miles to a city that was cheaper to live in, the city I left the rental prices are just criminal.

[@bigbarry8343]

And people like you priced locals out of the market ... so sad.

[@InputArchive]

You can't really blame him, it's a vicious cycle. I'm in the position of - do I move where there's cheaper houses and a chance of buying but less and lower paid jobs or do I stay where I am in a pretty good paying job and accept I can never own a home around here? So many young people in the same situations, it's all fundamentally broken

[@elliotspencer2648]

@@bigbarry8343 you got it totally wrong!. I now live in a cheap small room in a shared flat in a bit of a run down area. Plenty of cheap rooms to rent around here!!.

[@yowhaatsup]

@@elliotspencer2648 how old are you

[@elliotspencer2648]

@@yowhaatsup I'm 55.

[@TheMrgrafixable]

Really shows where were at. The young are talking about getting a simple roof over their heads, whilst landlords are complaining that tennants can't take the full hit on THEIR OWN INVESTMENT.

[@LisaCastro-d5z]

🌹I was once homeless, got into drug's went to prison, I'm glad I made a productive decision that has changed financial status forever and making $170,000 in just 2months in forex bought my first house last week , God is absolutely done more than enough

[@TheresaPearson-x4j]

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[@LisaCastro-d5z]

I started pretty low investing in forex though with $2000 thereabouts with the aid of an investment enthusiasts(Alvarez Harry Flectcher)The returns came massive. My son is very happy , telling me of new friends he's meeting

[@Felisonermanilan]

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[@Tinason-g7g]

Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth

[@DianaAguilar-g2r]

Having a perfect manager like Mr Alvarez has save me alot it's high time I do what's is right and recommend him to vervonel

[@drake128]

To think Gadafi had a housing policy that promoted a house for everyone as a basic human right .

[@MusehanaH]

....then they killed him

[@Dehydratedpencil]

Housing being a human right means I can hold a gun to a builder's head and force him to build a house for me. Housing isn't a human right because it relies on someone else's labour.

[@cata112233]

@@Dehydratedpencil Nice logical fallacy mate. That's not how this works and it shows how intellectually dishonest you are. Housing being a human right means that everyone can contribute to a shared fund to pay people to build enough houses for everyone, rather than have for-profit housing where only people who win are the investors who already have millions and it happens at the cost of everyone else.

[@Dehydratedpencil]

@@cata112233 Surely my right to keep what I earn trumps your "right" to steal money from me to fund the building of new houses? Also, if we completely abolished all housing regulations it would mean you no longer need to spend hundreds of thousands on a house, you could buy half an acre of land and build a cabin all for under 50 grand. But of course the State does not like property rights.

[@cata112233]

@@Dehydratedpencil do you even have any arguments that aren't ideologically driven and instead rely on logic or facts? Or are you parroting right wing talking points because that's the best you can do? No one is stealing anything. You're contributing to the well-being of the society you take part in. Also I don't know how you earn whatever you're earning but if you are for example a CEO, very strong arguments can be made that other people are earning the money from you and hence you're basically stealing from the workers. Now come up with a real argument because you sound like a child

[@anilatak2]

Landlords moan because they are "losing" money on their THIRD property while most people can barely afford a roof over their head. Listen: Housing is a human right!

[@MRW515]

Landlords provide housing

[@danunpronounceable8559]

What does "housing is a human right" mean? Does it mean that housing should be free? In which case you're arguing for the state to control all housing, thereby making property ownership illegal.

[@garytaylor6382]

​@MRW515 people seem to blame the wrong side ,uncontrolled immigration not even mentioned here its ridiculous frankly ,and ridiculous low interest rates recently from bank of England had just rocketed prices

[@del4668]

@@danunpronounceable8559 free 4 bed detached houses in the leafy suburbs for all ☺

[@keycuz]

The only right a human has is silence. If a caveman turned up today, everything he knows how to survive is illegal.

[@debbiehenri345]

There's a lack of housing because the government allows foreign billionaires, millionaires, and corporations to 'buy' multiple properties and let them sit there gathering investment value - that investment value growing partially because of property scarcity! I live some miles outside one of the most poverty-stricken towns in Britain, and many of the flats above the town centre are unoccupied, have never been occupied in all the time I've lived in this county. They belong to various corporations. I live next to a farm field that went up for sale two years ago. One of the bidders was a pension trust - from America! Stop selling to foreign concerns, who wouldn't buy a hovel in South America (because it's not a sound investment) but only open their wallets when something comes up in Britain (because they have forced that situation), outbidding the people who were born here, live here, work here, would like to raise a family here if only they could afford to. The rate we're going, we're going to end up exactly like America, with a large number of people working full time for a decent wage - but living in tents, cars, motorhomes, ruins, or squatting in any unoccupied building they can break into. It's insane that we have so many fancy looking but largely empty apartments in and around London in the hands of investors - when people are paying crazy money to live in a damp, mouldy, unhealthy room.

[@anyexpat]

Sure because buying 5 Million pound properties really hurts first time buyers.

[@salmanuddin9018]

@@anyexpat Those 5 million pound properties exist because of a demand from foreign billionaires and corporations , corporations are not buying detached houses in the country side they are buying properties in the city centre which could otherwise be separated into compartments and used for housing, although those corporations are bringing in fiscal dividends through corporate tax.

[@pobinr]

Stop building. Stop destroying our countryside. Start controlling immigration. The biggest issue is mass immigration It's not a housing crisis. It's an immigration crisis. Legal net migration 745,000 last last year =6230 new homes needed every week mostly squashed into England😮 Not rocket science Is it? 🤔 Infant school maths. Connect the dots for Gods sake You all keep voting LibLabCon pro mass immigration parties. Then moan about house prices & rents🙄 8:28

[@slovenageorgieva2792]

Moved in with my boyfriend as I couldn't afford rent only to find out that he is on fixed mortgage rate only for one more year. There is no escaping this problem. The government should build the houses and rent them for cheap until a person can afford to buy the properly. Also we need a cap on rent from private landlords.

[@twenty3_co_uk]

Mortgage's should of never become so cheap.. It just fuelled properly gambling. 8x property to income ratios is ridiculous

[@chrissilver7719]

The mortgage increase is on top of the energy increases and inflation while wages have not grown. So its not surprising families are struggling as they have faced one crisis after another.

[@caravanstuff2827]

Agreed...the government need to take the raising of interest rates off the bank of England and make it contingent on a two third majority vote of Parliament...that way we will have someone to punish at election time for MPs inflicting this pain and hardship on the voters...we can't be punished for inflation pressure that are coursed by factors out side the country and aren't driven by wage demands!!.❤️🇬🇧

[@dougwhiley4028]

We're heading for Dickensian poverty.

[@caravanstuff2827]

@@dougwhiley4028 yes... riots and looting of super markets for food isn't off the table at this point...Liz truss tried to give some financial help to welfare recipients and the working poor but the financial markets and the MSM got rid of her!!.🤔

[@izdatsumcp]

@@caravanstuff2827 No, the BoE needs to be fucking nuked. I don't care if it takes out half of London, it should still happen.

[@erdevon3257]

​@@dougwhiley4028Agreed but will be even worse this time as the population is so big

[@blinky5552]

The housing shortage can be solved by continuing to massively increase the numbers of immigrants coming onto the country. I want to live in a massively overcrowded, souless concrete jungle so I hope our governments continue to follow this path that they're on.

[@cid7427]

I don’t get the mental gymnastics these people go through to somehow ignore the extra 600k people per year we import in relation to housing shortages

[@AutismaMagna]

@@cid7427 Its borderline gaslighting. Media and the leftists they pander to, talking about brownbelt development legislation and foreign investment, like we haven't artificially inflated the population of the UK by 9 million foreigners in the last 20 years. Arguing about where we should be applying duct tape to a dam that's already burst.

[@rkidben6072]

@@cid7427 The effect of migration on house prices varies by study and methodology but the highest and crudest estimate for the effect of migration is a 21% increase over a period where house prices increased by 320%. So migration had a less that 10% impact over that time. Compared with increasing wages and inflation which made up 300% of the 320% increase. The economic impact of cutting this migration with an aging population and labour shortages would be disastrous

[@cid7427]

@@rkidben6072 absolute nonsense anybody who comes up with that statistic is clearly a regime shill trying to justify unsustainable mass migration. Supply and demand is what you learn day 1 of any economic or business studies degree. 600k net people added to a population each year is OBVIOUSLY going to cause a housing shortage. Concurrently, non-Whites are 2x more likely to be unemployed according to UK government statistics. Whilst even if your thesis that some how importing low intelligence high crime peoples on mass is good for our economy, I’d rather be less well off, have less crime and a cohesive community, than live in some diabolical slums like Luton, Bradford, Slough and so on. Furthermore than data is there, liberal minded White people agree and overwhelmingly chose to live and marry amongst their own people. Just to dishonest to admit the truth.

[@joecater894]

@@rkidben6072 the correct approach is to make it easier for people to have and raise children..

[@claudium6769]

I used to work in the UK in the construction industry in 2012, and it is very wasteful, I used to throw away entire boxed of unboxed carpet, bricks, double glazed windows (they were not the right size - probably intentionally, for an entire 4 story building!!) , packs of screws etc This doesn't happen anywhere else in Europe, in Spain, France, Italy, Germany etc where I worked. Clearly they want to keep the costs high by any means.

[@garnhamr]

boxes of carpet?

[@symmetra8753]

How to fix the UK housing crisis: - Stop private companies buying housing and selling for an inflated price. - Stop foreign buyers snapping up housing and selling for an inflated price. - Ban any new housing being bought as second homes unless a valid reason. - Only allow housing for first time buyers (young people and families). - Keep housing under Government ownership until the house is paid of by the young person or family and use the money from the paid house to create another house.

[@justsomeguy1141]

This is the stupidest list of ideas I’ve ever heard of

[@matthewsemple]

What do we do about people splitting up after 10 years who buy two houses so they can have rooms for their children in both houses? No-one talks about this but divorcees with significant equity repeatedly price out first time buyers who cannot raise the required deposit.

[@justsomeguy1141]

@@matthewsemple then you build houses that only first time buyers can access. Done

[@louispearson8306]

So under your designation, renting would not exist. There would be no temporary accommodation,

[@justsomeguy1141]

@@louispearson8306 exactly, the rental market gives the economy a lot of flexibility. Not everyone wants to buy some people move for work every year or two. In Europe most people rent not own, ownership is not such a national obsession.

[@wattbenj]

The hard reality is that it’s not going to be solved for us (Millennials) or even Gen Z. However, if we started to change things now, Generation Alpha might see opportunities in their lives.

[@aceman0000099]

In 20 years millennials will have inherited the boomers homes.

[@johansjournal]

they will b e moving back to india pakistan and africa tho

[@FMmffmFM]

Homes are not businesses. If you are unable to pay the mortgage you have to sell the home. Period.

[@mr_dare]

Canada has the same problem. We can simply copy what Austria has done which is building public housing and renting it to the citizens. The government then sets a competitive pricing to its buildings which curbs the private sector from setting prices as they desire. We can also build the houses and mortgage it to people instead of letting these monsters suck the blood out of people! Singapore and Malaysia are doing it and we can do it too.

[@KiwiCatherineJemma]

New Zealand and Australia have the similar problems. Corporate and wealthy individual landlords are creamin' their jeans on the Tax Benefits they receive, meanwhile others struggle to afford to rent or buy, even the cheapest most basic homes. Meanwhile there's a multi-year waiting list, ever growing, for those needing government/state/social housing. Australia also has a massive shortage of land, for residential housing. Now if we take it as fact that Australia, with the lowest population per land area on Earth (excluding Antarctica) Does not actually have a shortage of land at all, then methinks the system is seriously corrupt and broken. How about we remove the profit motive and make houses be for housing humans, and NOT for corporations, and already wealthy individuals, to use as a "Tax Effective Investment VeHicle" ! (and yes the "H" is capitalised).

[@bobbab5759]

US has a similar problem. Not so much the mold and substandard stuff, but the lack of inventory in both the home and rental markets. Regions that were cheaper became "zoom towns" as well so locals have a hard time with that.

[@thecrimsondragon9744]

First, we need to purge our government of all corrupt politicians who have put us in this situation in the first place. These politicians are in bed with the corporates and we all know it.

[@blop-a-blop9419]

the main problem against this kind of solution, is not its logic, it's getting called a 'socialist' or a 'communist'.

[@JA-pn4ji]

Two things happened in the UK in the 1990s, the financialization of both housing and education. A 1990s generation was so greedy that they took away the education privileges they enjoyed from subsequent generations and encouraged property asset inflation by discouraging social housing and selling the stock of existing social housing. To prevent the depreciation of their property values they also invited foreign entry with very few checks. Health was the only area spared financialization. You know why? Because it is a future levy mainly borne by the old, and the 1990s generation knew they could not avoid it.

[@quillo2747]

Dont forget Blair opening the borders in the 90s. In 2022 net immigration was 600k, thats a new city of people in a single year who all need to live somewhere. Demand has gone through the roof and the demand increase is 100% because of mass immigration

[@DirkPeterson-uh6uu]

Stop immigration. We are far too small to cater for 1.4 billion from subcontinent.

[@izdatsumcp]

Wrong. You have the Town and Country Planning Act of 1947 which allowed councils to restrict the supply of building and you have the BoE which has lowered interest rates and increased the demand for housing. Low supply and high demand means what? That's right: HIGH prices. Both of these things are central planning communist bullcrap so don't try to blame financialisation and greed, you leftwing berk.

[@izdatsumcp]

And social housing raises prices in the private sector because it obviously means lower private stock. Selling off social housing means more private stock means lower prices in the private sector.

[@simpso0ns]

Iraq invasion made that happen

[@paphiopedilumorchidaceae3782]

Did I hear her correctly? 22 years in the home, still have so much balance such that new mortgage payment increases £400? 22 years ago price house must have been a quarter of what it is now. And she is still not able to pay off? Must be a huge property or she's been taking equity out. Her own fault isn't it? 22 years... and still struggling...

[@huwzebediahthomas9193]

If you are constantly changing your fixed rate mortgage plan each few years, you are running on ice, you will be going nowhere. You'll never pay the house off. She's been conned.

[@evalon9129]

Exactly-something doesn’t add up here.22 years ago houses were much cheaper than now…Besides, for £400 I would take a second job rather than sell it!

[@northwestcoast]

It happens. My mum was paying a mortgage for 25 years and it ended up higher than when she began, due to circumstances, getting into debt, having a drug addict partner, borrowing and rolling it up into the mortgage, going interest only.

[@Scotter4536]

And the landlords justify raising rent because of higher rates. Did they lower rent when their interest rates went down? I doubt it.

[@bobjames6622]

@@huwzebediahthomas9193 Utter rubbish!

[@lewilewis3944]

I was homeless, then was housed in a hostel for nearly 7 years. I'd just assumed that being a single male meant I was at the bottom of the list. The estimated waiting time in Brighton, my previous 'home' was 17 years. From applying for a home in BANES (Bath and the surrounding area) to getting one...6 weeks. Maybe it's the local authority I live in having fantastic links with local HA's, maybe it's because it's a wealthy area but not a Tory councillor in sight? I count my blessings every day, I live in a south facing balconied paradise. Yet over 80 of our elected Parliamentarian representatives are private landlords and property developers. The whole system is being rigged, and not in our favour.

[@crzune]

You can get a council flat in the midlands and north a lot faster but most southeners are not prepared to do this, understandbly because you lose your support network and perhaps the pay won't be as great

[@leonhenry4861]

@@crzunethe pay doesn’t matter as the cost of living is cheaper. If you go from earning 35k to 25k it doesn’t matter if your rent is £1600 per month to say 800 per month. Swings in roundabouts

[@michelleo8279]

The cost of living, may not be cheaper either financially and/or emotionally. You lose your support network; also, if you have a child/ren in school, they will also be uprooted, and with the cost of childcare nowadays, being equivalent to the cost of rent, many people, can't afford to move out of the big cities, even if they wanted to. One of the things many people complained about during lockdown, was the inability to physically see and connect with loved ones/extended family in person, which was why the rules were relaxed to an 'extended household ' or whatever it was called; Skype/phone etc, isn't the same.

[@crzune]

@@michelleo8279 Well my mom moved us to the west midlands in 2003 and I believe in our case it was good move, of course being 9 years old it was painful to say goodbye to my friends but we are coping better than a lot of people and extended living in London. Cost of living has hit here too but the rent is considerably lower as a millennial now if I get the chance I want to move further up north or just move to a different country. This country doesn't value hard workers, many people I know have moved to other parts of Europe and the world and have a much better quality of life.

[@chocksaway100]

Mortgage payer who spend 22 years in the same property will of seen huge increase in equity with under 10 years remaining on the original mortgage problems arise when that equity built up is stripped out of the property to finance cars, kitchens, holidays etc , and an increase in mortgage rates occurs .

[@judeo7895]

The only possibly sane argument behind the interest rises is to force house prices down as someone has suddenly realised that the rate at which house prices were going up is PROBLEMATIC. They had to seize the opportunity of using inflation as an excuse (the kind of inflation we see would have dropped naturally as the causes behind it, covid, energy prices, faded), House prices has to DROP to more sane levels across board in the UK but using interest rate as a blunt economic instrument is not wise as it inflicts unnecessary pain on everything and everyone. After careful thought I think the best way out is for the BOE to be honest as regards the reason behind the hikes. The government then need to boldly enact law/policy to freeze house prices at pre-covid levels for the next 5 to 10 years to allow rebalance and stop houses from being treated as a primary investment cash cow.

[@JJ-mo3ec]

Spot on

[@mdipltd7404]

"The government then need to boldly enact law/policy to freeze house prices at pre-covid levels for the next 5 to 10 years to allow rebalance and stop houses from being treated as a primary investment cash cow." And destroy/cripple the real estate industry for 5-10 yrs. Think about how many people you'd put out of work. Something has to change, ban ownership of more than 2 properties, not destroy an industry.

[@susanelliott2287]

Renters and buyers alike have it extremely tough, what I can't understand is now if Amber has been in her house for 22 years, surely she is not still paying interest. Also a lot of the rental market was thrown into crisis when Thatcher had the ludicrous idea of selling off Council homes for peanuts. Over 3 million to be exact. The most inhumane act EVER.

[@luckhurstrobert]

I thought that too, the house would have been bought when interest rates were around what they are now. How much capital can you have remaining after 22 years?

[@tiiafrancesca8639]

i was thinking the same thing as most people take out a mortgage of 25-30 years so if you only have about 3 years left you must of been taking out loans against the house and are in arrears

[@tt7753]

In Austria people are able to get a fixed mortgage for 10, 15 or even 25 years if they wanted to. I was also able to fix my mortgage for another 10 years just before the crisis without having any extra costs. So much better and fairer!!

[@exp-eri-mental]

You have land and resources. We dont.

[@kat284]

People need to find those mortgages as not many offer. Most just know what is the norm and don’t step outside of it. It’s stupid to remortgage every 5y, that’s just too quick of a turnaround. But the system has been created and it needs to be broken because it only benefits the rich

[@goych]

@@exp-eri-mentalare you implying Austria has more land than the fucking uk!

[@Whatt787]

Same thing in US, 30 year mortgages even if you are 65 years old!

[@aqibhussain6837]

I love how they concentrate on everything BUT THE BANKS PROFITS INCREASING

[@enochpowell27]

Someone mentioned the "i" word but did't elaborate on it. Which is a pity because that's the elephant in the room. If net migration outstrips new housing supply don't be surprised there's a lack of affordable housing. I think the only way to solve the housing shortage is to either build a dozen new towns or to significantly reduce net migration to the tens of thousands.

[@brynhendry2899]

Problem isn't powerless people at the bottom, it's people at the top profiteering out of squeezing everyone below them.

[@enochpowell27]

@@brynhendry2899 No one is blaming migrants. Blair predicted 13,000 would arrive following EU expansion in 2004 but it now transpires tens of million arrived. Lord Andrew Green said in 2004, at current levels of net migration the UK needs to build 5 cities the size of Birmingham (population 1 million) just to house migrants. Where are those new towns and cities? You can't import tens of millions of migrants without first having the infrastructure (housing, water supply, hospitals, schools etc) in place. For the Tories it was all about "growing the economy" and for Labour it was about "rubbing the rights noses in diversity". A disaster of epic proportions for the UK.

[@andrewwalsh2755]

... You can't keep importing more people, no matter how much employers scream they need it. You can't keep on building homes either... if nothing else, when demand for water exceeds supply... its Game Over.

[@BobSmith-fx9sz]

14 years of ultra-low interest rates allowed people to borrow cheaply, incentivising risky behaviour. This isn't an issue of the recent rate rise, rates weren't going to be zero forever, it's a problem of years of bad monetary policy and of us, the general public, not pressing politicians about this sooner.

[@bdh711]

We need a new government

[@SorminaESar]

I support it, good luck but it will be spending much money

[@paulmessenger9836]

That will solve it

[@andrewwalsh2755]

Do you think Zionist Labour are any better??? Personally, i think they're much, much, worse... The Tories aren't creeping fascists...

[@nicky_nike]

what difference will that make? We need a new system

[@squirrelbaby-c7r]

If the new government keeps doing the same things, nothing will change. Except for overhauling the entire system..

[@mmv3481]

In a lot of other countries, uk people ie non native people are not allowed to buy property; full stop. Only rent. Or they have strict immigration rules, ie national service.. why don’t we do this ?

[@JaxonParker923]

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[@JaxonParker923]

Run a quick online research with her name.

[@JaxonParker923]

Evelyn Infurna

[@lucassilva-ib9rx]

Bitcoin is the way of the future, and investing in it will be the smartest decision you can do, especially with its present Price.

[@BrianNicole11]

The internet is filled with so many useful information about Evelyn Infurna crypto….

[@bettybaumann5824]

People got used of free money. While people who saved their money got stuck with low or 0 interest rates.

[@AaronSof]

I know Landlords with more than 300 properties in my area. Put a limit on how many homes a person and company can own. The problem will be sorted out overnight.

[@quillo2747]

Landlords don't change the housing supply. Ending landlords won't change the supply demand imbalance. Either we concrete over the countryside for house supply or we reduce housing demand by closing the borders

[@_Phoenix3]

As usual a "big debate" but nothing happens...!

[@j.harrison6744]

Yes, and the actual cause of the crisis (immigration) gets ignored.

[@marcrutherford3506]

I don't get how anyone is proud to be British anymore, I'm actually ashamed! Once a great nation to this... shameful. Wish things would change and the government would even give a single thought of the working class.

[@marcrutherford3506]

@@Spaceman-jk5fb I don't know where your living then mate, I'm in the armed forces so it's fair I've travelled alot. Just about everywhere I've been is better than the UK. Including, Germany, France, Japan, Norway and that's just the places I've visited. I think you need to get out more...

[@jimpim6454]

Immigration through the roof and not building enough houses = housing crisis.

[@secondchance6603]

Amazingly these 'journalists' will never ever point out the 'migration' elephant in the room.

[@Euclides287]

How exactly are immigrants to blame for the rising cost of property prices when most of them earn barely enough to pay rent, nevermind buy a house?

[@ugulu6018]

Deport all illegal and legal immigrants from your country and we will see if your problem is fixed. 😁

[@snakeballs]

​@@Euclides287Because they have to live somewhere. They take away housing stock, and so create competition for people looking to buy which in turn will increase prices.

[@jimpim6454]

@@Euclides287 its literally basic supply and demand like the last guy said, no ideology involved just simple maths if you import millions upon millions of people and dont build enough houses then how exactly will there be enough houses to go around? Just because the establishment who loves mass immigration don't talk about it on their news channels doesn't mean it isn't there.

[@cameliarusu73]

I really don't understand. What is wrong with this uk landlords and agencies. We are in middle of crisis and them put higher and higher the rent.. This is absolutely out of control. 😮😮

[@KazDeone]

It's going from the needy to the greedy. That's how the system is in place. Once they have paid off the landlords mortgage and he his bank, they will have homelessness. It's an unjust system. But there it is. Rigged.

[@kitersrefuge7353]

This is a global issue. Poverty and homelessness is endemic in 1st world economies.

[@Anna-cq2qf]

It sure is looking like a Cost of greed crisis!

[@sevecc939]

I agree. If you look outside of UK you will find similar issues with affordability. It feels like greed has infected every nation. Only we can change that by demanding better. Many of us have been talking to a brick wall because other people thought they were wealthy, but now they realise it was just an illusion.

[@gabrieldomocos7570]

This wouldn't be a problem if unions hadn't been gutted over the course of the last 40y

[@bigbarry8343]

Exactly, salaries stagnated and that is the part of the affordability equation - working people are getting poorer as a result of asset inflation.

[@craigscothern5100]

We could start by refurbishing all the derelict/forgotten properties that already exist. On every high street above the shops are empty rooms. Some were originally accommodation for shop workers. Now locked up and forgotten. Other options are using non standard constructions like mobile homes. tiny housees, old industrial buildings. There is enough properties to house a large portion of the homeless, but governments are reluctant to do this because it would make both house prices and rents fall to more reasonable levels. At the moment we have a two tier system of the haves and have nots. The final solution is to restrict immigration. Over 200 people a day land on these shores. They all need housing. Statistics say that only 10% of social housing is allocated to these people, but try saying that to the family who have waited 10 years to be housed, who see an immigrant family move in next door, an immigrant family who have only just arrived in this country with no money, no job and no right to be here. Start by refurbishing what already exists. Not only would it provide homes for the homeless, it could offer job training to the young unemployed who could learn a trade. Bring back the apprenticeships, stop wasting the next generation.

[@bennymarshall1320]

So many empty properties its unbelievable.

[@davidlloyd3116]

I paid off my mortgage with my wife’s life insurance payout. I would prefer to have a mortgage and a wife, instead of being widowed and having no mortgage.

[@myrtleesther8855]

Turn all the empty shops into studio and small apartments and put the homeless and poorest people needing to rent into them.

[@johnross2924]

Most of us pesants are poor now days 🤔

[@mohammedhussain939]

It not as simple as that as you need the infrastructure to support them

[@tomfinney3416]

@@mohammedhussain939 the infrastructure is already there . most empty properties are in urban areas and already have transport , water electricity gas , access to emergency services ,,,, whats missing is people living there

[@johnross2924]

@@tomfinney3416 we've got to many people living in the UK.

[@MRW515]

It's difficult and expensive to convert the unused large shops and offices into apartments

[@violent_world]

I've been poor my entire life. lived on the streets many times, got full time jobs, which every penny went on rent and tax, could barely afford to eat, and definitely didn't put the heating on, ide sleep in a coat. Still today, working full time, and i have next to nothing left over after paying bills... probably gonna be homeless again by next year :( Endlessly Struggling. I'm fucken sick of it.🗡

[@maximemaxime7705]

Thank you Channel 4

[@TimCrinion]

FRB (Fractional Reserve Banking - letting banks lend more than they own) is only allowed because it increases enterprise and production. But there is nothing productive about land. It is entirely non-manmade. It is never created or destroyed. So why on earth do we allow FRB mortgages for purchase of land? That's what is inflating property prices.

[@jimmybob4306]

It’s not just about building houses. It’s also about building infrastructure to support those new houses like schools, hospitals etc. Also, this “housing crisis” is a crisis of pensions. Pensions are so bad for the elderly they are eating the current incomes (via rents) of the young which should be going into wealth building and their own pensions. The latter point is one of the main reasons we have a productivity crisis too why invest in employees and capital when I can just put it into a house. The problem isn’t unsolvable though. 15 year fixed rate mortgages. Public housing and housing subsidies to buy.

[@chaselee86]

As the population is ageing, I don't see there's anyway that the government can increase pension. Unless, the government creates a fund that rewards pensioners as investors, and at the same time the fund helps to provide housing and jobs to young people.

[@quillo2747]

We don't need more houses, we need less people. Our population growth is only coming from mass immigration. 600k net in 2022 alone, thats a new city of people in a single year. We can not concrete over the countryside to house the world. Close the borders and the housing crisis goes away

[@zuzanazuscinova5209]

​@@chaselee86people live too long. It's unsustainable to support everyone for 20+ years

[@moosky7344]

😂😂😂😂

[@alexmetcalfe9341]

An interesting debate. Wish C4 had given more air time to this.

[@nicholaspostlethwaite9554]

It is very easy to fix. Ban all green field building. Build factory built modular homes. Like container based ones. Stack them up in towns. Where facilities already are. No need for car ownership. No need for commuting. Small and therefore easy to heat and run. Can be rented out or bought easily as they cost a small fraction of a house or flat. No need for most shortage construction workers. The State could also not pay any money in any form of housing benefits, but provide one of these instead. It is easy and quick. The whole political class are in it to funnel money to mates, selling green fields. Which destroys the environment which they never care about. Developers build big places far out forcing commuting when we need more small tiny places for the growth in single living. Sadly your programme just facilitated the usual selfish axe grinders from all aspects. Rates need doubling and maintaining above inflation for ever, like it always used to be. Deals and longer term mortgages should be illegal, return to normal repayment mortgages only. Restrict lending. All crashing prices like everyone wants.

[@everest9707]

Regardless of political party, many in the UK have lost faith that the government and the civil service will stop the uncontrolled legal migration - note that is legal, the side of migration that we most have control over. The effects of uncontrolled migration are seen in: - increase of people on benefits. See the governments data of unemployment by ethnicity - despite the image fed to us, white British have the lowest unemployment rate compared to all other ethnicities. - artificially lowering the minimum wage due to an abundance of cheap imported labour. We have parts of the indigenous population that rely heavily on low paid low skilled jobs, and they are having to compete with people who are used to earning below the poverty level of Africa, Indian Subcontinent, Middle East etc - increase in house prices and rental prices - more building on our protected Green Belt land due to the housing pressure - more building on existing buildings and causing social tension as people live cheek by jowl. Legislation has been relaxed to encourage this in building. The UK already has some of the smallest homes, compared to Europe. - increase in violence and crime. There is a general increase, plus some which is specific to certain ethnicities. Knife (and machete) crime is more frequent, however whilst it captures the headlines, many other forms of crime, not typical to the indigenous population are flourishing. The Asian (Indian subcontinent) grooming gangs rap_ing/assaulting/drugging white children. - increased demand for extra policing, in the tens of thousands (look at the different police force's online wanted posters, there is a disproportionately higher number of foreign criminals, especially as a proportion of the population) - increased demand for prison officers, and prison buildings (look at the prison population, where there is again a disproportionately higher number of foreign criminals, especially as a proportion of the population). We are already releasing criminals early, and not imprisoning others, due to a lack of prison places! And the increase in taxes to pay for these. - increased demand on the judiciary. Our courts are blocked with massive queues, and everything is done to delay cases going to the CPS or going to court. We have a lack of staff and buildings. Very serious cases are rarely reaching the CPS or courts, or take years to go through the system. This causes a lack of justice, an increased risk to the population as criminals continue to live amongst us, and it encourages crime (justice needs to be swift to act as a deterrent). - the loss of our capital city London. It is now predominantly populated by people who self identify as belonging to an ethnic minority. You rarely hear English spoken! This will impact tourism - a quarter of a million people work in the tourism sector in London alone. - greater difficulty in seeing a healthcare professional, be it a GP, Consultant, or dentist - hospitals frequently declaring emergencies as their A&E queues of ambulances with patients stuck in them grow longer. Even hospitals, in areas with a vast majority of white British population, if you go to the A&E it will be full of people from the middle east, Indian subcontinent, and Africa. Often you won't hear English being spoken! - increased burden of disabled children, on healthcare, special education needs, and benefits (both for disability, and for the unemployed parents that stay at home caring for their disabled children), unnecessarily caused by cousin marriage, from people from the Indian subcontinent - lack of school and university places. Pressures to change what is being taught, to suit a minority religious population - the enormous congestion on all our roads. Even country lanes, which were once peaceful, have now become rat runs - religious and social tension, especially from ethnicities that are not interested in integrating - increased suffering of female children subjected to FGM and child marriage - increased distortion of UK elections, as women from the Indian subcontinent lose their vote to their husbands MORAL QUESTION - is it morally right to import cheap labour to be exploited? And what about those skilled migrants, eg nurses and doctors, that are actually needed in their own country. Is it morally right for the UK to benefit from poorer countries paying to educate and train skilled workers? MENTAL HEALTH BURDEN The effects of a lot of the above pressures, are seen in a rapid increase in mental health problems across all ages, but especially in the young working adults, adults who should if anything, be the most resilient of society. FINANCIAL BURDEN At Budget time in March 2024, the UK National Debt is estimated to be £2.70 trillion! BIRTH RATE FALSE THEORY Some people believe in the theory, that we need to import people because of our lower birth rate, and that there is certain work that we don't want to do. This ignores the fact that we need to increase productivity, especially with automation/robotics/AI (Artificial Intelligence), because other countries will certainly be investing in this, and all of these reduce job vacancies. Our population might not apply for very low paid jobs, eg picking fruit, or nursing the elderly, but that is because the rates of pay are ridiculously low. Pay a fair wage in an economy that doesn't tilt the table by importing cheap labour! WHAT CAY YOU DO? Please watch, action, and share this SW KZbin video: A Parliamentary petition to suspend immigration to Britain for five years Regardless of if you think this will give the results that we need, it is important for people to see, that there are many others who share their concerns, and this is one very simple and quick way to do it. Many thanks, and don't forget to share👍

[@smvsspould]

A steeply larger and larger council tax bill for each additional property you own. You do not need more homes than you require to live in yourself.

[@mdkaium3374]

Right

[@fintamaria2429]

Homes should not be a Business !!!😢😢😢

[@goych]

Indeed

[@goych]

@@robertjones2053 Geeze the point being stop taking huge profits from people. No one except you is talking about North Korea, get a grip Bob

[@goych]

@@robertjones2053 high rents then! When I buy food it’s pretty cheap, rent is not. Some landlords make a lot of money. It’s true, others don’t, although having someone pay off your mortgage on a house you don’t need is pretty greedy wouldn’t you say?

[@goych]

@@robertjones2053 please if you want to debate don’t defend into insulting me. When you talk about tax that’s the same for everyone, it’s not a tax on landlords! And yes they will eventually pay off their mortgage because that’s how mortgages work! Talking to you is a waste of time for the both of us!

[@goych]

@@robertjones2053 Bob are you seriously sitting here telling me landlords get taxed more than if they were just earning that money in any other way? And are you seriously trying to tell me, and indeed anyone who can be bothered to read your comments, that a mortgage does not get paid off at the end of the term? Who are you kidding? This has got to be the most ludicrous response and defence of landlordism I’ve come across yet, and I’ve met some proper twats along the way

[@kongy8]

I think Jason Bateman makes a good point, our cities could be much denser and we need to build up. Not everyone wants to live in a sprawled out place like the Ozarks.

[@kms50549]

@@CaptainProton1when population starts to consistently fall.

[@LauraSnow-in3nx]

My heart breaks for Britain.

[@AbukarScience]

The housing system is a mess from almost every angle. I am somewhat lucky to be able to own a flat in london but the leasehold system makes me feel more like a renter and not a homeowner. It comes with its share of problems.

[@BeaIEngio]

I pay £1,600 a month for a flat in Edinburgh and £308 council tax. I struggle to believe the landlord's mortgage isn't comfortably covered.

[@quillo2747]

Whats the flat worth? If its city centre and over 300k, an interest only mortgage can easily hit over 1k a month

[@BeaIEngio]

@@quillo2747 According to Zoopla, top end £285k. But what was paid for the flat won't necessarily be what it's worth now. I bought a house for £230k in Bristol that I could now sell for £400k. We don't charge our tenants anything like what we now pay out in rent. Just couldn't find anything else available.

[@freddieellis5144]

😂Who cares this is the society British have made, no one cares and you can't fleece off other countries now? You f x this Great Britain 😂 More Loser Britain

[@user-im9zp4yp9x]

Can someone explain to me how the first "average UK family lady" (single mom...) have been living in the house for 22 years and still have so much mortgage that the recent raised bumped it up by £400 per month? Either capping or she made some very bad financial decisions.