Quote:
Originally Posted by Chrysalis
Then a further shortage of 1bed/2bed properties after tho (already a shortage). It just moves the problem from part of the market to another, although I agree 'if' they losing money downsizing its silly.
---------- Post added at 19:31 ---------- Previous post was at 19:30 ----------
indeed. To help address that there probably needs to be a cap on buy to let of some sort as well, and regulate that more as well.
|
There are far more 1 and 2 bed overcrowded properties than there are 4 bed. Absolute worst case the policy reduces overcrowding.
---------- Post added at 14:14 ---------- Previous post was at 14:12 ----------
Quote:
Originally Posted by RizzyKing
Second any pensioner selling their 3\4 bedroom house is going to have the rest of their retirement in mind and associated costs so will want max value for the property they are selling see point 1  . This and other measures that are being considered\implemented by this government are short term fixes to a much longer term problem that needs construction not moving the pieces round the chessboard. |
This vexes a bit given we the tax payer are paying for health care and potentially pension for said people who want to get maximum value for their property, as clearly 3 times what it cost them in real terms might not be enough.
Eek intergenerational rage showing.