To think this is a ticking time bomb (people priced out of housing)

[Batmanisreal]

It’s becoming clear that there is a problem with people not being able to afford housing like they used to be able to. This has been made worse by the introduction of right to buy by Thatcher in the 80s which reduced the numbers of council houses. The price of housing is going up and up, so more people are having to rent on the private market.

So what happens to these people who are privately renting homes, when they get to retirement age? If they can’t afford their rent?

I was lucky enough to be able to buy my house. I have young children who, by the time they get to the age I was when I bought my house, will probably not be able to afford to buy like I was. There’s a very big chance they will have to rent, possibly for the rest of their lives.

People who rent on the private market are at the mercy of whatever rents the landlords want to charge for those properties. And with more properties being rent out as short-term lets this is only going to make the situation worse.

I worry that we are heading for a situation where elderly people will end up on the streets, because there won’t be enough affordable or social housing to supply them with housing if they become homeless in the event of them not being able to afford their private rent anymore.

As a parent, I just find the whole situation so depressing.

Yes, but that graph shows population continuing to rise, just not as the same level. It doesn't show any reduction in total population.

On top of high housing costs, col and the need to pay a pension, there is also the problem of stupid child care costs.
So even that fictional two teachers who earn £31k each could not afford kids and a £279k mortgage. Anyway £279k would not get much of a house in many parts of the country.

You are right. This country has put profit over care like never before imo. We have become a horrible, greedy country where many ppl only care about themselves and their immediate family and sod everybody else. I cant imagine a 'Blitz spirit ' nowadays if there was a war. Itt would be more like who was going to sell themself to the highest bidder to do a bit of spying so they could buy themself a bigger house and car. When did we all become such shallow, materialistic Americanised wankers. Yuck.

Of course it’s technically possible to still buy a house now but it was massively easier to do in the past
Well here you go. The fact that it might be harder doesn't make it not possible as the thread implied.

Some people think life should be more than simply work and go home
Their choice. You can accept that it might be the case for a few years to enjoy a more comfortable and luxurious life at a later age, or you can seek immediate gratification, but then accept that it is the result of your choices if you can't afford to become a home owner at 40 years old.

What does ‘not much of a house’ mean?

Yes, and add to that the proposed 'free movement'with the EU which will bring in thousands of young people from Europe to do entry level jobs in the UK along with Mahmood's safe routes for Palestinians and Afghans, and it looks like the population in the UK is set to rise significantly for many years to come.

So the upward pressure on housing costs will continue unabated.

Hotels.

In places like the Lake District, strict planning rules mean hotels are very limited and you can't just extend existing ones or build new ones. Hence why holiday lets are so popular - there's often no alternative especially for families.

And anyway, lots of reasons why people prefer holiday lets to hotels, such as dogs being allowed, own facilities (kitchen, washing machine etc), own outdoor space, more room to relax. Not everyone wants to be stuck in a bedroom with just a portable TV and a chair for the duration of the holiday.

For fun, why don't you Google for the number of Holiday Inns, Travelodges, Premier Inns, etc within the Lake District National Park.

Unless the under 35s were children in care or are orphans, they will have parents they can live with. The over 65's won't in most cases.

Or they are NC with their parents, or their parents simply do not have the room.

They could buy something else?

I’d imagine this is where you both work full time in stressful and demanding jobs and the only house you can afford is so small homelife is stressful and demanding too.

We need better building regs in this country. No house builder should be able to call a room with a width or length less than 10ft a bedroom. My porch is bigger than that!

There are lots of caravans. We need a system like they have in many European countries of summer houses, compact accommodation build purely for short term summer only lets and ban all-year-round housing being used as holiday let’s.

But it’s not merely a few years is it.

Many over 35s had to get on their bikes to look for work so living with parents is not possible.

The housing market is entering an odd stage. House building in London has ceased. It’s too hard and expensive to meet all the regulations and planning required, so houses can no longer be built at a price people can afford to pay. The stats are fairly shocking. It will get interesting to see where things go from here.

No thanks. The point is that holiday lets price young people out of houses.

But they must have had room! NC, is basically what I said.

Yes but my post was about under 35s.

NC = No Contact. Not everyone with parents is on good terms with them.

People move house and fall out you know. What a privileged life you must have led if you can't fathom parents not being there for you.

Yes, as I said. Thanks for calling me stupid though.

You didn't say that at all. You just said about care leavers and orphans.

But that's still effectively a house share.

There's quite a level of entitlement to expect working under 35s living by necessity in houseshares or studios to pay higher and higher taxes to fund non working pensioners who haven't made provision for their retirement to live in houses with gardens, because they don't fancy a house share or a studio.

Yes. That's why I mentioned young people in care.