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The Housing Crisis - bad where you live?
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By (user no longer on site) OP
over a year ago
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According to the Royal College of Nursing 40% of nurses who serve the Capital with live outside London in 5 years time. They simply cannot afford to live there.
We are relatively lucky here, as prices are highish but nothing like the South East or South West.
I can't see the next generation being able to buy their own homes. I think it will end up with a large percentage private renting. |
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there are major issue's certainly in the Capital but not only there with affordability for essential workers and other's..
long been the case in London where Ff's, Police and NHS staff etc are dossing on friends couches or floors when they are on their rota as they have to live so far away..
not going to get any better.. |
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By *LCCCouple
over a year ago
Cambridge |
Yes! We live near Cambridge and its awful around hear. As part of my job I help people to find either social housing or private rented accommodation and across the vast majority of Cambridgeshire, Bedfordshire and Hertfordshire it is extremely difficult. For people on benefits or on low incomes, there is simply not enough affordable housing. |
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By (user no longer on site) OP
over a year ago
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"Yes! We live near Cambridge and its awful around hear. As part of my job I help people to find either social housing or private rented accommodation and across the vast majority of Cambridgeshire, Bedfordshire and Hertfordshire it is extremely difficult. For people on benefits or on low incomes, there is simply not enough affordable housing. "
I'm interested to see where the new Housing Bill ends up - I think it will only get worse. |
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The house I grew up in and my parents bought for £9,000 in 1978 last sold for £1.5m.
House prices in London are ridiculous and my children will not be able to buy without help.
I retire in six months but will sell up and live mortgage free in Berkshire near my eldest to help with the grandchildren.
My son-in-law was in the navy then marines and was able to save a load of money and invested it in property. Otherwise house ownership would have been out of their reach too. |
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By (user no longer on site)
over a year ago
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Some properties here are expensive but not anything like London prices, more similar to Berks, Bucks and Herts. However there are cheaper smaller properties in cheaper areas closeby. It's 25 minutes into Manchester by train and 2 hours to London so popular. With the advent of HS2 and expansion of direct flights into Manchester Airport (15 minutes away) I imagine prices rocketing, making it less and less affordable for first time buyers. |
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By (user no longer on site)
over a year ago
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you can get a 2 bed for an average of £80,000 round here.
i do wonder who can afford the houses going for £250,000+ they aren't even mansions or anything. |
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By (user no longer on site)
over a year ago
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Live in a desired neighbourhood, surrounded by solicitors, doctors and the retired upper class, then there was me lol "the oil rig worker"
someone has to lower the class a little
As for house prices, they are reasonable as the builder is still completing last phase & keeping prices low, once he is gone, prices should shoot up by £100 - £200k |
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By (user no longer on site)
over a year ago
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"you can get a 2 bed for an average of £80,000 round here.
i do wonder who can afford the houses going for £250,000+ they aren't even mansions or anything."
 £250k is the average price for a 1/2 bedroom apartment in my area.
I was lucky and got on the property ladder many years ago. I've had to invest now on property for my children otherwise they won't be able to live locally if they want to when they are older  |
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By (user no longer on site)
over a year ago
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Currently Berkshire too. Here and London prices are all I've ever known, so I assumed our prices were normal. That was until I started visiting Glasgow and looking into prices there. You can get a near mansion for the price of a flat here |
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By (user no longer on site)
over a year ago
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Some houses and flats have not been rented out by a certain council due to the need for control on the strain being put on schools and hospitals and other public services
If you were to ask about them you are told they are in need of full refurbishment but at present the council are slowly working through them and will release them when they are ready (in reality some of them behind the shutters have already been 're plastered and wired and plumbed, but they won't be released ) |
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By (user no longer on site)
over a year ago
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I live in Stevenage and pay over £600 per month for a 1 bedroomed flat. In london it would be twice that or more likely split in to a multi occupancy flat.
Having moved from London I don't find it crippling but it is stupid money. There are loads of developments around here all being marketed at Londoners who might want to take advantage of a 20 minute fast train to King's X which will drive the rents up even more.
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I bought my flat nice and cheap. Specifically bought it for the price. Compromised on location massively. But I don't have a mortgage like most of my friends do, because I live an hour and a half's drive away. |
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By (user no longer on site)
over a year ago
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"I live in Stevenage and pay over £600 per month for a 1 bedroomed flat. In london it would be twice that or more likely split in to a multi occupancy flat.
Having moved from London I don't find it crippling but it is stupid money. There are loads of developments around here all being marketed at Londoners who might want to take advantage of a 20 minute fast train to King's X which will drive the rents up even more.
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I paid £850 for a 2 bed in WGC. I was one of those Londoners driving up the rents  |
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By *LCCCouple
over a year ago
Cambridge |
"Some houses and flats have not been rented out by a certain council due to the need for control on the strain being put on schools and hospitals and other public services
If you were to ask about them you are told they are in need of full refurbishment but at present the council are slowly working through them and will release them when they are ready (in reality some of them behind the shutters have already been 're plastered and wired and plumbed, but they won't be released )"
That's rubbish, if councils have properties they rent the out so the council has some income. Councils have seperate budgets from hospitals and schools (academies) so they don't care about the strain on them. |
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By (user no longer on site)
over a year ago
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when ppl are paying half a mil for a pokey one bed flat in london you know the housing market has gone banana's and theres absolutley no chance of the next generation being able to buy a property |
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"If no one can afford these ever increases in property or private renting, who in the hell is paying these prices ?"
People selling almost as inflated houses elsewhere and mortgaging the rest.
The whole market is screwed unless someone can find away of turning houses into things to live in rather than investments. |
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