Originally Posted by GrumpyPa
Originally Posted by Tomhez
Originally Posted by GrumpyPa
I'm not sure thenQXrV
When we got married in 1968 our new house was £4,250 being a 10% deposit (I think) and a mortgage 3 times my salary. That was all that was allowed.
A few years later the government removed that constraint, so many people took out mortgages far greater than 3 times their salary. That brought about gazumping and the consequent rapid inflation of house prices.


I am afraid you are as far out of touch as it is possible to be if you think the housing shortage is overstated.

I am a landlord. On the rare occasion that I advertise a property (most are let to friends/family of existing tenants) i will receive 50 requests for a viewing within 24 hours.
I have had people crying and begging for me to rent to them. I always give NHS workers first pick but otherwise i end up putting a handful of names into a hat.. Thats the lottery of housing.

Maybe where you are. Did you read post #772761 above?


I tend to use national figures to support an argument, not some localised over development. We by the way are in Taunton, definitely not an industrial or commercial hotspot. God only knows where everyone is working but we have thousands and thousands of new homes built or under construction.