Quote:
Originally Posted by Livia
I'm against it for two reasons. Firstly, this country desperately needs social housing so I can't see the benefit of selling accommodation off cheaply. Secondly, people struggle to buy a home and most would not be eligible for any kind of social housing, so why should some people be able to buy a property for up to a discount of 70% while others rent or live with family while they save to get together a deposit? Sounds hugely unfair on all levels.
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Completely agree!
We had to save up for our deposit and bought our house in the 90's, we then moved to a bigger property for our expanding family, so therefore bigger mortgage, our neighbours lived in a council house and last year bought it for £45,000, if we put our house on the market it would sell for around £150,000, this isn't fair, when we bought our current house 13 years ago it was £65.000 so they still got their house for £20,000 cheaper than we did 13 years ago!
No wonder this country is so ****ed up!
They will have their mortgage paid in 5 years, whereas it's taken us 25 years to pay off (and we still have 8 years left), that means they will be mortgage free before us
It beggars belief!