mortgage conditions became much more strict after the crash,
deposits are getting ridiculous. The article is correct in saying that it's not all down to a physical shortage of houses, it's not just supply and demand.
(
Moon Girl Technologies horrendous beanbag, Wed 13 May 2015, 11:01,
Reply)
how about compounded greed, treating houses like any other material good,
and belief in the "housing ladder",
and the vested interests of agents in profit maximisation above all else,
and buy to let meaning that the theoretical households to houses ratio is bullshit,
and virtually no rights or security for tenants increasing demand to buy
etc etc
I could fucking go on
edit: oh yeah and how about successive governments frantically going out of their way to prop up the lower end of the market with give aways
and interest rates not pegged to housing market inflation like they fucking should be
(, Wed 13 May 2015, 11:06, Reply)
Houses being intentionally kept empty and off the market,
www.mirror.co.uk/news/ampp3d/housing-crisis-10-empty-homes-5008151
presumably waiting for better selling prices?
www.dailymail.co.uk/news/article-2187292/Chancellors-parents-splash-new-10m-home--finding-buyer-old-15million-des-res-street.html
(
Moon Girl Technologies horrendous beanbag, Wed 13 May 2015, 11:12,
Reply)