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If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.
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The post you are reporting:
"compared to them, all our properties are affordable"
" just under £400,000 - what can your buy in and around Dover for that money ?"
If all of this home ownership, or indeed any of it, was geared simply to have more folk buy rather than rent why would there be 'starter properties'?
A desire to own rather than rent might well be the driving force from the personal perspective, but it is the long-term indebtedness and the trading-up (facilitated by rising prices and the lack of housing stock) that transforms personal desire into a money-market. The difficulty in building 'affordable starter homes' is with making them worth the mortgage, a problem only partly solved by not building many at all and bringing Local Authority housing stock into the market.
All the time this becomes less and less about
homes
and more about money.
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