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Farm Business
Agricultural Matters
Lord King WTAF
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<blockquote data-quote="Grass And Grain" data-source="post: 8149028" data-attributes="member: 23184"><p>Yes, I suppose we've had house price inflation due partly to QE and low interest rates. Not sustainable imho.</p><p></p><p>OK of you're a 40+ house owner, but no good if wanting to get on the ladder. It needs starter homes to he affordable for the chain to work. Guess we see more people renting, but where's that going to end, as rents will increase over time with their wages, but they've to continue paying rent in retirement, and no opportunity for equity release by downsizing.</p><p></p><p>We seem to keep using sticking plasters, but out of sight, the underlying health problem is getting worse.</p></blockquote><p></p>
[QUOTE="Grass And Grain, post: 8149028, member: 23184"] Yes, I suppose we've had house price inflation due partly to QE and low interest rates. Not sustainable imho. OK of you're a 40+ house owner, but no good if wanting to get on the ladder. It needs starter homes to he affordable for the chain to work. Guess we see more people renting, but where's that going to end, as rents will increase over time with their wages, but they've to continue paying rent in retirement, and no opportunity for equity release by downsizing. We seem to keep using sticking plasters, but out of sight, the underlying health problem is getting worse. [/QUOTE]
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