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How can Gordon Brown help first-time buyers in the UK housing market?
12-17-2012, 08:35 AM
Post: #11
 
Its all about supply and demand.

If you have less product then the price is higher, if you have more product then the price is lower.

Today we have more people in the UK and less houses being built as a percentage of those people. So every year we have a bigger and bigger backlog.

More People + Less Housing = Higher Prices

Its great if you have your home as you make money every year. BUT not great if you don't. If you can release more land for development then this would enable more buildings and so cheaper housing.

I always feel bad as this is the only solution but I love our countryside and think would should also preserve our natural beauty.

There is a video from the BBC which is a nice solution bit hi-tech but still could work.

Phillip

http://www.propertyproducts.co.uk/video/_video.html

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Messages In This Thread
[] - gigantichoney479 - 12-17-2012, 08:35 AM
[] - Ask.Kelly - 12-17-2012, 08:35 AM
[] - rhodustian - 12-17-2012, 08:35 AM
[] - jivan k - 12-17-2012, 08:35 AM
[] - gozaine - 12-17-2012, 08:35 AM
[] - Hoodoo - 12-17-2012, 08:35 AM
[] - piggingheck - 12-17-2012, 08:35 AM
[] - Brian R - 12-17-2012, 08:35 AM
[] - ufo18 - 12-17-2012, 08:35 AM
[] - skydiver6000 - 12-17-2012 08:35 AM
[] - buffyxuk - 12-17-2012, 08:35 AM
[] - pm_gordon_brown - 12-17-2012, 08:35 AM
[] - PHILIP C - 12-17-2012, 08:35 AM
[] - good question - 12-17-2012, 08:35 AM
[] - homemanager22 - 12-17-2012, 08:35 AM

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