Monday, December 22, 2008

Should the government be building reasonably priced starter homes?

(My Original Blog Post: http://www.latesttrendsguide.com/?p=384)
reasonably priced ring
It is getting extremely hard for first time buyers to get on to the housing ladder, indded an estate agent i know said the housing market is a ' ladder without a bottom rung'. Property developers only want to build three and four bedroom houses and hold on to building plots for the sole purpose of driving up prices. isn't it time the government took some DIRECT action for once.
I have my own house but have several friends who cannot even afford to get on to the housing ladder even with a mortgage at six times their earnings. There are lots of houses for sale but not at affordable prices, as profiteering is obviously more acceptable than trying to provide reasonable housing for hard working people.

By: jobby

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