Submitted on Wednesday 20th April 2016
Published on Sunday 1st May 2016
Current status: Closed
Closed: Tuesday 1st November 2016
Signatures: 88
Take policy action to bring down and stabilise house prices
Since 2000, UK house prices have increased by over 140%, far outstripping wages and inflation. The average new home-owner is now 35. We call on the government to adopt the following policies designed to bring down housing market prices and stabilise them at an affordable level.
Previous governments have used policies designed to encourage rising prices to benefit existing owners, seriously hurting younger people.
This can be stopped and reversed by new policies such as:
-Restrictions on large scale and foreign investor landlords
-Protect remaining council houses and housing associations
-End low rates for buy-to-let
-Progressively tax multiple properties.
We call on the government to consider any and all of these options.
Homes are more important than investments.
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