{"id":172044,"date":"2026-06-22T23:14:43","date_gmt":"2026-06-22T16:14:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/postwar-homeowners-should-acknowledge-their-good-fortune-letters\/"},"modified":"2026-06-23T00:31:35","modified_gmt":"2026-06-22T17:31:35","slug":"postwar-homeowners-should-acknowledge-their-good-fortune-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/postwar-homeowners-should-acknowledge-their-good-fortune-letters\/","title":{"rendered":"Postwar homeowners should acknowledge their good fortune | Letters"},"content":{"rendered":"


\nMichael Pyke says those sitting on piles of unearned wealth should be willing to help out a less fortunate generation Your correspondent asserts that the increase in the value of his house since he bought it \u201cjust about covers all associated costs over that time\u201d (Letters, 15 June). If that is true he has been remarkably unlucky. A house bought in 1965 for \u00a33,500 would now be worth around \u00a387,500 had its value simply kept pace with the rate of inflation, rather than its current market value of \u00a3350,000. A house that cost \u00a320,000 in 1975 would now be worth around \u00a3220,000 instead of \u00a3900,000.It is hard to imagine what \u201cassociated costs\u201d would come anywhere near such huge increases in value. As for the idea that anyone could buy a house if they avoided \u201cfancy holidays\u201d, \u201c\u00a350,000 weddings\u201d and \u201cridiculous \u00a390,000 cars\u201d (cars costing this much made up, at most, 0.75% of new registrations last year), this kind of thinking was parodied in the novels of Charles Dickens. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Postwar homeowners should acknowledge their good fortune | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Michael Pyke says those sitting on piles of unearned wealth should be willing to help...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-172044","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-IKU","jetpack-related-posts":[{"id":19394,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/childcare-is-expensive-but-worth-paying-for-letters\/","url_meta":{"origin":172044,"position":0},"title":"Childcare is expensive \u2013 but worth paying for | Letters","date":"July 12, 2016","format":false,"excerpt":"\r I work in childcare \u2013 and I am a working mum. So, the parents who complain about the cost of childcare, please tell me what your gripe is (Money, 9 July). Do you moan that food costs money? Do you moan that fuel costs money? Do you moan that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135989,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ppt-lvt-iht-which-is-fairer-than-council-tax-letters\/","url_meta":{"origin":172044,"position":1},"title":"PPT, LVT, IHT \u2013 which is fairer than council tax? | Letters","date":"April 18, 2023","format":false,"excerpt":"\r Carol Wilcox, Jeremy Scroxton and Linda Buckingham respond to proposals to replace local government funding arrangementsRe Larry Elliott\u2019s article (A property tax based on annually uprated values would be a gamechanger, 9 April), a proportional property tax (PPT) is indeed fairer than council tax. In particular, it reverses the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113489,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyer-focus-will-not-fix-housing-letters\/","url_meta":{"origin":172044,"position":2},"title":"\u2018Foreign buyer\u2019 focus will not fix housing | Letters","date":"January 9, 2020","format":false,"excerpt":"\r Will McMahon says it\u2019s tax-avoidance schemes that are the real problem, while John Worrall believes punitive council tax on empty homes will helpThe repeated reference to \u201cforeign buyers\u201d in your editorial (6 January) as a key driver of the housing crisis, is in danger of misdirecting readers, as well\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102520,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/londoners-buy-30bn-worth-of-property-outside-capital-the-most-since-2007\/","url_meta":{"origin":172044,"position":3},"title":"Londoners buy \u00a330bn worth of property outside capital, the most since 2007","date":"December 26, 2018","format":false,"excerpt":"\r More than 75% stay within the south-east, but one in five head for Midlands or north in search of a new lifeLondoners bought an estimated \u00a330bn worth of property elsewhere in Britain this year \u2013 the highest amount since 2007 as buyers seek out better value for money, a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110435,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-friend-lent-me-a-mortgage-deposit-how-much-do-i-owe-him-now\/","url_meta":{"origin":172044,"position":4},"title":"A friend lent me a mortgage deposit \u2013 how much do I owe him now?","date":"September 2, 2019","format":false,"excerpt":"\r He gave me \u00a310,000 towards the \u00a3250,000 property in 2006, but it\u2019s now worth \u00a3450,000Q In 2006 I bought a house for \u00a3250,000 with an interest-only mortgage. I have made occasional overpayments so the outstanding loan is \u00a3200,000 (still interest-only). The value of the house is now \u00a3450,000. A\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":84826,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housing-association-charges-100-fees-for-selling-a-shared-ownership-flat\/","url_meta":{"origin":172044,"position":5},"title":"Housing association charges 100% fees for selling a shared-ownership flat","date":"April 9, 2018","format":false,"excerpt":"\r My daughter owns 40% of the flat so surely her association should charge her fees based on her share?Q Two years ago, my daughter and her partner bought a 40% share in a shared-ownership housing association flat in Hackney, east London. Her company is relocating so they are having\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172044"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=172044"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172044\/revisions"}],"predecessor-version":[{"id":172045,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172044\/revisions\/172045"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}