Property News · April 14, 2017

Forget the property ladder. We need housing rights for all | Dawn Foster


This government is propping up an over-inflated market while denying homes to those at the bottom of the pile. It’s a recipe for vast social divisionAs far back as 2007, I remember more affluent peers confidently predicting that they would be clambering onto the property ladder shortly after graduation: purchasing a small flat, then upgrading to a small house before, with any luck, buying in their forties the kind of home featured in weekday evening property programmes. Then the financial crash hit while we were in university, and finding a job, let alone a mortgage, looked increasingly unlikely. House prices rose, while wages didn’t and the dream looked more distant. Now, post-Brexit and Trump, with World War III threatening to result from Russia, Syria and the US’s sabre-rattling, trying to get onto this increasingly mythical property ladder seems fruitless, since we’re essentially living in a society that resembles Threads more closely than Notting Hill. Continue reading…

Source : theguardian.com
Read more…Forget the property ladder. We need housing rights for all | Dawn Foster