tag:blogger.com,1999:blog-1141932539860553199.post9003613657946497760..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: "New-build homes aren't the answer to rising house prices"Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1141932539860553199.post-44430168886418481072016-04-09T15:28:39.082+01:002016-04-09T15:28:39.082+01:00MW.@ 13:56. You'd also have to cap BtL mortga...MW.@ 13:56. You'd also have to cap BtL mortgages.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-1874375847699237092016-04-09T13:56:04.303+01:002016-04-09T13:56:04.303+01:00B, put up interest rates and reintoduce loan to in...B, put up interest rates and reintoduce loan to income caps of about 2 or 3.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-42964562919523716952016-04-09T13:51:51.507+01:002016-04-09T13:51:51.507+01:00TS, of course renting is appropriate for students,...TS, of course renting is appropriate for students, but it would be better if universities built their own student housing.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-69325096639945329502016-04-09T13:47:11.070+01:002016-04-09T13:47:11.070+01:00"There was still a market but it was generall..."There was still a market but it was generally where there was demand for rent."<br /><br />There wasn't much of a market, even for students, and much of what there was was black or grey. It was definitely not a situation to which we would be advised to return.<br /><br />Building more houses was never the answer to high prices, but the government pretends it is so as to help their friends in the land speculation, sorry, property development industry. <br /><br />"It’s not possible for the Government to control house prices."<br /><br />Although the author makes an interesting point about the mortgage markets' reaction to an increase in supply, it's a shame that she should have missed the obvious point that the government could bring down house prices tomorrow by putting up interest rates. OTOH if she thinks that lengthening mortgage terms will do anything but put prices up further, she's either not thinking very hard about the subject, simply peddling a theory, with statistics used to support it or blinded by dogma.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-32668589441724291262016-04-09T12:19:42.281+01:002016-04-09T12:19:42.281+01:00Yeah. The combination of rent controls, council ho...Yeah. The combination of rent controls, council housing and building societies pretty much kept the renters out. There was still a market but it was generally where there was demand for rent. For some people, renting is the right thing, like students.<br /><br />I worked for a BS for many years and we didn't have buy to let. If you wanted a bridging loan, you'd have to justify it. Sadly, even Nationwide now do Buy to Let mortgages.Tim Almondhttps://www.blogger.com/profile/13369256383976094670noreply@blogger.com