If mortgages were easier to come by, wouldn't property prices be higher?

And if the prices were higher, it would be the same people that can't get a mortgage now that couldn't get a mortgage.

The issue is supply exceeding demand and people buying up properties to rent out, which are often typically the type of property first time buyers might buy, exacerbates the problem.

Posted By: SimonOTBC on December 2nd 2015 at 11:02:50

Message Thread

When did the Tories announce their plans for stamp duty on second home owning?? (General Chat) - walksie, Dec 2, 08:32:49
- Gideons gone all socialist (n/m) (General Chat) - Tony Martin, Dec 2, 11:08:51
- Houses should be bought by people to live in, not as f***ing investments (General Chat) - mr carra, Dec 2, 09:51:33
  - Noxious trend ?? Bit simplistic surely. (n/m) (General Chat) - Men without hats, Dec 2, 17:59:25
  - OG has a second home and I bet he's not the only one on here (n/m) (General Chat) - Dandy Highburyman, Dec 2, 10:22:50
    - Tbf, I doubt OG's is depriving a first time buyer - isn't it half way up a mountain in (General Chat) - CB41, Dec 2, 10:44:27
      - Surely irrelevant where it is - unless you are an OG appeaser. (n/m) (General Chat) - Men without hats, Dec 2, 17:57:14
      - I don't know where it is other than he's mentioned Scotland and I don't mind... (General Chat) - Dandy Highburyman, Dec 2, 11:02:57
    - I don't have an issue with it but I do think one should look at how it could... (General Chat) - Dandy Highburyman, Dec 2, 10:23:50
      - Have 14 houses. If people could be allowed to buy them mrs wouldn't make a living from it (General Chat) - Hulk Rules, Dec 2, 10:32:35
        
        I"m not sure what point you're making (n/m) (General Chat) - Dandy Highburyman, Dec 2, 10:37:51
        
        I'm making the point that The Government is targeting second home and landlords with (General Chat) - Hulk Rules, Dec 2, 10:48:30
        
        If mortgages were easier to come by, wouldn't property prices be higher? (General Chat) - SimonOTBC, Dec 2, 11:02:50
        
        This doesn't help the situation either (General Chat) - CB41, Dec 2, 11:08:41
      - I don't have a problem with people having second homes (General Chat) - SimonOTBC, Dec 2, 10:30:14
  - Interesting that property companies are excluded then? (n/m) (General Chat) - walksie, Dec 2, 10:14:52
    - Tory donors probably (n/m) (General Chat) - CB41, Dec 2, 10:18:14
- First World problems, eh... (n/m) (General Chat) - Yellalee, Dec 2, 09:02:37
  - for a few (n/m) (General Chat) - CB41, Dec 2, 09:07:52
- Boo hoo (General Chat) - King, Dec 2, 08:54:53
  - Inheritance tax is abhorrent full stop. Why should kids pay stupid sums if their parents (General Chat) - Hulk Rules, Dec 2, 10:35:10
    - it's to stop people accumulating money for doing fuck all (General Chat) - Worzel Scrimmage, Dec 2, 13:16:41
      - People can do what the fuck they like with their money. Where is a law that states you (General Chat) - Hulk Rules, Dec 2, 19:21:27
  - Or todays company pensions are worth alot less then previous decades? Meaning they cant... (General Chat) - walksie, Dec 2, 09:33:12
  - I don't agree about IHT (General Chat) - SimonOTBC, Dec 2, 09:26:33
- Options to avoid it: (General Chat) - SimonOTBC, Dec 2, 08:46:07
  - I would say trebling the stamp duty to buy a family home as a second place... (General Chat) - walksie, Dec 2, 09:37:15
    - Why would you buy a family home as a second place? (General Chat) - SimonOTBC, Dec 2, 09:44:54
      - sorry - 0.3% - still not a big deal (General Chat) - SimonOTBC, Dec 2, 09:53:00
- Autumn statement I think. Sorry, but can't see anything wrong with trying (General Chat) - dennis moore, Dec 2, 08:37:42

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