to think that at least a house price crash would be a sliver of silver lining

[yougottheshining]

I voted remain. I am beyond upset that we are leaving. However, if house prices in my area come down by 20% I could afford to buy. I'm not even that bothered about being a home-owner per se but I can only afford to rent because I get tax credits and housing benefit (despite working full time). For years I have been shiteing myself about what will happen to me and my kids when these top-ups stop, all the while being subjected to programme after programme about property porn, and headline after headline about how good it is that houses are worth so much money . I have had a permanent knot in my stomach about what will happen when my oldest hits 18 and we have to move to a smaller house because I will no longer get enough to house us all, and again what will happen when my youngest hits 18 and I will have to move to a room in a shared house, and there will be nowhere, I mean absolutely nowhere, for the kids to go. Because rents keep on going up, and I can't afford our (modest) house anyway on what I earn alone, and the only way around that is to buy, but I can't buy because I'm paying out so much in rent. I cannot explain just how worried I have been about this, for years. I really don't want to leave the EU. I have been crying and swearing around the place for the entire weekend. But actually I am in a fucking horrible situation in regard to housing and shelter for me and my family, so AIBU if one of the effects is that house prices fall to a level that will make it affordable for us to have a family home?

[starry0ne]

This thread demonstrates very nicely the resounding success of the Tory "divide and conquer" policies.

Home owners and renters literally arguing over which of them has it worse, ignoring the huge elephant in the room that actually they both are in, or about to be in, precarious and pretty shit situations despite (as the government would say) working hard, doing the right thing, trying to get on for their families sake etc etc etc.

We all need to recognise that housing is a need and a basic right rather than an investment vehicle and instead of fighting with each other over who has it worse, turn our attention to how we can influence the policies held by whoever is in power (or indeed influence who is in power) to ensure that everyone has a secure and affordable roof over their head, and their families' heads.


Exactly Miffle

[throwingpebbles]

op I genuinely sympathise with your wish for more affordable and secure housing options.

Sadly, my friend has just informed me that two large pioneering projects to deliver affordable and new social housing which she has been working on for several years have just been pulled as a result of Brexit.

Let's hope that's not replicated across the country. I don't want to be right, I don't want the poorest and most vulnerable section of society to suffer worst from Brexit, but I am horribly worried that is what will happen

[dangerrabbit]

*round of applause to miffle

OP as a homeowner I think that property prices are ridiculously overinflated and I sympathise with your position although it would be a Bad Thing for me.

The point is, no one can know what is going to happen next but the markets don't like uncertainty so looks like the tories have plunged us into another recession.