Cable Forum - View Single Post - Over 60s Should Be Encouraged To Downsize

Ignitionnet · 19-10-2011, 16:32

Not at all, these vacated would lead to those lower in the ladder moving up the chain, in turn leading to those below them moving up. One major thing keeping these larger properties unaffordable is their scarcity, this would improve their supply and reduce prices.

It improves supply and lowers prices throughout the chain by reducing the amount of property wasted thus reducing demand on stock - 3,000 people can go into 1,000 fully occupied 3-bed homes fine, with 2 unoccupied bedrooms in each home you now require 3,000 of them. Simple.

19-10-2011, 16:32	#6
Ignitionnet Inactive Join Date: Jun 2008 Location: Leeds, West Yorkshire Age: 47 Posts: 13,995	Re: Over 60s Should Be Encouraged To Downsize Not at all, these vacated would lead to those lower in the ladder moving up the chain, in turn leading to those below them moving up. One major thing keeping these larger properties unaffordable is their scarcity, this would improve their supply and reduce prices. It improves supply and lowers prices throughout the chain by reducing the amount of property wasted thus reducing demand on stock - 3,000 people can go into 1,000 fully occupied 3-bed homes fine, with 2 unoccupied bedrooms in each home you now require 3,000 of them. Simple.