Given that i’d have no deposit and a dodgy credit rating – probably upwards of £800/month.

You probably need to have a house repo’d and be homeless with a young family.

90k mortgauge is approx £475 (4% interest rate). which sounds like a lot more than your £300 – however..

your £300 should rise in line with inflation (I’d imagine thats how it works??). if inflation is 3% average over the next 25 years, your average payment is £437 over that time. if its 4% over the next 25 years, your average payment is £500

so its not hard for something that seems expensive at day 1, to actually be cheaper over the 25 year period. of course, after that, the house is yours with no more payments to make

He’s a black, lesbian, Asylum-seeker with learning difficulties 😉

Brilliant!!!

Sell off social housing. Now where to build new “affordable” housing? Oh look, Fatboy Pickles has “relaxed” the local planning procedures. There goes the greenbelt!

People purchase the properties on the low mortgage rates at the moment, mortage rates go up. ****! Re-possession a la 80’s. Loadsa cheap housing stock sold off by banks to recoup their losses. Newly homeless move in, DWP paying the (over inflated) bills.

Gotta love Osbourne.

Oh and I also believe that social housing stock should never be sold off.

Used to live there. Long long long story.

Agree. In addition if we continual ‘need’ even more ‘affordable housing’ – why? Shouldn’t we focus more on the ills of our society rather than creating a bigger matt to lift and sweep it all under??

i’m good with it being sold of if its being replaced on a like-for-like basis. Councils own a lot of land, and their build cost is loads cheaper (as they can skip the planning regs etc)

What should be easy to do is have a method where for every x houses a builder builds, one has to be given to the LA for social housing?

+1

If only all political analysis was this much to the point. 😆

Oh – me too.

What, charming types like Nicholas “King of the Slums” van Hoogstraten?

You have to remember that, while Thatcher publicly stated a hug dislike of the state when she was PM, actually the neo-conservative view was of centralisation. Money went into central government (which actually grew in size, rather than shrank).

Less relevant to the issue than the placing of what was once state owned housing stock – available for the most vulnerable of society – into private hands.

Yep. When it was done last time, it contributed massively to the 1980s housing boom (and bust), which has in turn fuelled the same of the 1990s/2000s.

I’m cringing at the thought of this.

less social housing means the type of person i look after will find it even harder to move back into independent living, meaning the government will need to keep paying 700-1200pounds a week to have them live in a room with me. granted its a small section of society that i deal with, but its not the most cost effective plan for the mentally unwell and physically disabled/long term health related benfit crowd either i imagine!

Wow. Does one need to have a disability or be on a low income? Genuinely interested – how do you land it?

I was homeless, No really I was, living out of my company car, and the occasional sleep on pals sofas etc…was a very strange time in my life was 3 years ago now and I’m nearly there thats how I got mine. i pay £320 for a 1 bedroom flat with smack heads using our entrance way at night for their fun and games….